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Journal

Which Cities Have Homeowners Struggling to Save?

A joint study by PropertyShark and RENTCafé on discretionary income took data from residents in the top 50 largest cities to determine the locales where the locals can live more lucratively. Taking median household income, home prices, and cost of ...

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Delinquencies and Home Equity

home prices

The Urban Institute’s Housing Finance Policy Center released its monthly chartbook, revealing an expanding housing market with rising equity, a low share of adjustable-rate mortgages (ARMs), and a continuing rise in the presence of nonbank mortgage loan originators. Growing household ...

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Michigan Residents Get Foreclosure Relief

The Great Lake State’s housing market is feeling the smoother seas of change this month, with two major programs aimed at housing affordability taking off in its two most populous cities. From a lawsuit resulting in major foreclosure forgiveness in ...

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Rising Home Values Reaching Pre-Recession Peak

For seven out of the 35 largest U.S. housing markets, home values have finally regained the value they lost during the recession, according to the latest market research by Zillow. More than 95 percent of surveyed homes are worth more ...

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LoanCare Rating ‘Reaffirmed and Maintained’

LoanCare, a ServiceLink company, has announced that its rating has been reaffirmed and maintained as Above Average, both as a residential mortgage primary servicer and as a residential special servicer, from S&P Global. According to their press release, the outlook ...

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Stern & Eisenberg Expands to New States

Stern & Eisenberg has announced the firm’s expansion into Tennessee and Alabama. With this expansion, Stern & Eisenberg now operates in twelve states and the District of Columbia. The firm’s other states of service are New York, New Jersey, Pennsylvania, ...

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NDA Hires Three New Executives to Team

New Diligence Advisors (NDA), a national third-party review firm which currently provides a full range of loan underwriting and review services for lenders and investors, has announced the hiring of three new executives to its team. All three executives will ...

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IndiSoft Welcomes CTO to Team

Columbia, Maryland-based IndiSoft, a global provider of technology solutions for the financial services industry, has welcomed Mark Sweeney as their newest CTO. Sweeny will be responsible for all technical and product strategy, development, and support. “We are excited to have someone ...

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Wells Fargo Announces Head of Home Lending Servicing

After months of anticipation, Wells Fargo & Co., a diversified, community-based financial services company based in Des Moines, Iowa, has announced that Jeff Smith, who currently represents servicing and customer excellence risk in the Consumer Lending Real Estate Compliance and ...

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