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Loss Mitigation

Where Bad Credit Can Be Repaired

debt

Apartmentguide.com released its best cities to repair bad credit and found that New Brunswick, New Jersey, to be the best market to repair bad credit.  The release states that New Brunswick is New Jersey’s fastest-growing market, has a lower average ...

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Technology’s Role in Dealing with Disasters

Chad Mosley is Chief Relationship Officer for Mortgage Contracting Services (MCS), a nationwide provider of property inspections, property preservation, REO property maintenance, HOA and utility services, property registrations, steel security products and other mortgage-related services. Mosley joined MCS in summer ...

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Dorian Could Bring Losses of More Than $1B

hurricane storm surge

Insurance Business America reports that insured losses from Hurricane Dorian in the U.S. could be between $500 million and $1.5 billion, according to estimates from analytics firm RMS.  The projection represented insured losses associated with wind and storm-surge damage, as ...

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Homeowner Debt and HELOCS

Personal loan volume increased threefold between 2011 2018, but according to a new report, U.S. homeowners have significant opportunity to use HELOCs to replace higher cost sources of credit.

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The Risks of Real Estate Fraud

Undisclosed real estate fraud, when an applicant intentionally fails to disclose additional real estate debt or past foreclosures, decreased in Q2, but according to CoreLogic, this fraud type is still one of the msot common forms of real estate fraud.

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FHA Loans to be Focus of Next Webinar

Industry leaders from Equator, BSI Financial, and LoanCare will discuss the workings of FHA loans during DS News’ latest webinar, “A Step Ahead: Advances in FHA Modeling,” set for 1 p.m. CDT on Thursday, September 12.  According to Altisoure’s “State ...

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