On Thursday, President Trump signed Senate Bill 2155, the Economic Growth, Regulatory Relief, and Consumer Protection Act, into law. The bill, designed evolve and streamline regulations put in place by the 2010 Dodd-Frank Act, was passed by the House of ...
Read More »Delinquencies Reverse Course
Mortgage delinquencies defied several trends in April, according to the latest First Look at the month’s mortgage performance data from Black Knight, Inc. April is typically a month that sees an increase in mortgage delinquencies. In fact, historically, delinquencies have ...
Read More »The Week Ahead: Webinar Focuses on Compliance
On Wednesday, May 23, from 2:00 - 3:00 p.m. ET, Stern & Eisenberg will present a new webinar entitled "New York Compliance: Establishing New York State Compliance With RPAPL 1304 and the Business Records Exception to the Hearsay Rule." The webinar ...
Read More »Assurant, Inc. Promotes Managing Director
Assurant, Inc., a New York-based global provider of risk management solutions, has announced the appointment of Marc Hinkle as Managing Director of Assurant Valuations, a title, valuation and settlement services company. Hinkle will oversee the Assurant Valuations product lines and ...
Read More »Q1 Mortgage Delinquency Snapshot
As we approach hurricane season again, the impact of last year’s damaging storms are still being felt in the form of elevated 90+ day delinquency rates in some affected communities. According to the Mortgage Bankers Association's (MBA) National Delinquency Survey, ...
Read More »The Hypervacancy Problem in American Cities
Over the last few decades, housing vacancies have become more widespread in many American communities. That’s according to a new report published this week by the Lincoln Institute of Land Policy. But why is the problem so widespread, and what ...
Read More »The Evolution of Housing Wealth
What are the shifts in the distribution of housing wealth and how has it evolved after the Great Recession? A research by the New York Fed found some compelling answers.
Read More »Mortgage Relief for Those Impacted by Hawaiian Volcano
Nearly 30 homes have been destroyed, and more are in the path of potential destruction since the Hawaiian volcano known as Kīlauea began pouring lava down its slopes on May 3, 2018. Now several lenders, including Wells Fargo and Bank ...
Read More »The Mortgage Law Firm Welcomes Managing Partner, Expands Locations
The Mortgage Law Firm, PLC, a Temecula, California-based multistate law firm that specializes in the legal needs of the mortgage banking industry, has announced that Sally Garrison will be joining the firm as Managing Partner of the firm’s Oklahoma office. ...
Read More »Tallying Foreclosure Prevention Actions
The GSEs, Fannie Mae and Freddie Mac, completed nearly 20,000 foreclosure prevention actions in February 2018, according to the latest Foreclosure Prevention Report issued by the FHFA. The exact total of foreclosure prevention actions for February 2018 came to 19,932. ...
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