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Loss Mitigation

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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Report: No Immediate Impact on RMBS From Dorian

hurricane storm surge

A new report by Fitch Ratings states that Hurricane Dorian is not expected to impact either commercial mortgage back securities (CMBS) or residential mortgage backed securities (RMBS) due to pool diversification, servicer advancing, and insurance coverage.  Hurricane season, though, does ...

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Hurricane Heading North After Decimating Bahamas

hurricane vortex

CNN is reporting that Hurricane Dorian, now a Category 2 storm, is dropping heavy rains and winds along the eastern coast of Florida, and residents of Charleston, South Carolina, have been asked to evacuate.  Dorian is carrying maximum sustained winds ...

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President Donald Trump Meets With FEMA

President Donald Trump cancelled a visit to Poland to meet with FEMA officials at Camp David to discuss the response to Hurricane Dorian, which could put hundreds of thousands of East Coast homes at risk. 

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EAST COAST BRACES FOR DORIAN

hurricane storm surge

A new report shows that Hurricane Dorian could not only bring life-threatening winds to Florida and the Carolinas, but more than $100 billion in reconstruction costs.

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