Plano, Texas-headquartered mortgage technology-provider Pavaso is partnering with Title Resource Group’s Lender Services Division (TRGLS) to provide eClosing technology to TRGLS clients nationwide. Pavaso has created the industry’s only end-to-end digital closing platform to improve business processes, communication, and efficiency, ...
Read More »House Bill Could Exclude Attorneys from FDCPA
The House Financial Services Committee recently advanced a bill, H.R. 5082, that could have major implications for the default servicing industry, and most especially the law firms that work within it. The bill amends the definition of “debt collectors” under ...
Read More »New Executives Join RoundPoint Mortgage Servicing Corporation
RoundPoint Mortgage Servicing has welcomed five new executives to their senior management team from various backgrounds in the mortgage servicing industry.
Read More »Women Less Confident About the State of Housing
The latest installment of the ValueInsured Modern Homebuyer Survey finds strong disparities between men and women when it comes to their levels of confidence in the state of the housing market. According to the report, only 44 percent of all ...
Read More »Improving the HELOC Experience
Established relationships with lenders still play a crucial role for borrowers looking at home equity line of credit (HELOC) according to the latest U.S. Home Equity Line of Credit Satisfaction Study by research and rating firm J.D. Power. The study ...
Read More »Looking for Growing Residential Markets? Try the Northwest
The real estate market will continue strengthening over the next 12 months, especially in the Pacific Northwest. That's according to the latest quarterly report by Veros Real Estate Solutions. The study looks at more than 13, 000 ZIP codes across almost ...
Read More »How Short-Term Rentals Impact Home Inventory
A recent WalletHub study found that Hawaii was the state with the lowest effective tax rate at 0.27 percent, but that isn’t helping when it comes to maintaining an affordable housing stock in the Aloha State. Most of the country ...
Read More »Home Equity Among Retirees
According to a study by the National Reverse Mortgage Lenders Association, housing equity for homeowners aged 62 and older increased by $149 billion between Q3 2017 and Q4 2017, hitting a massive total of $6.6 trillion. The National Reverse Mortgage ...
Read More »How Banks Meet Community Needs
The Community Reinvestment Act (CRA) is headed for changes by The Treasury and will relook at reinvestments of banks towards supporting community needs through initiatives such as fair mortgage lending, affordable housing development, small business lending, and similar activities. In ...
Read More »GSEs Launching Uniform Mortgage-Backed Securities
Beginning on June 3, 2019, the GSEs will begin issuing a new common security known as the Uniform Mortgage-Backed Security (UMBS). The Federal Housing Finance Agency announced the change on Wednesday, revealing that the common securities will replace the Enterprises’ ...
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