News

A lack of desire might not be the reason why millennials in general are hesitant to become homeowners.

DS News recently talked with Fiona Simmonds of B2R Finance and Mike Ryan with RE/MAX about opportunities for new investors in the single-family rental space, what they need to know, and the role technology plays in the transition.

A survey shows the demand is there, but the approvals have not been.

Since the initial implementation of these rules, the CFPB has made several moves to expand the definitions of “small creditor” and “rural area,” but before the HELP Act, smaller lenders were only eligible for special provisions if more than half its loans were in rural or underserved areas.

Customer satisfaction regarding TRID has risen among borrowers—coinciding extremely closely to the rise in the number of borrowers who reported they’d been contacted (as per TRID guidelines) by their lenders before closing.

The total non-current inventory dropped to its lowest level in more than eight years, according to Black Knight Financial Services.

Subcommittee Chairman Blaine Luetkemeyer (R-Missouri) has been an outspoken critic of government regulation when it comes to the housing and the financial industry.

Hensarling and Shelby said campaigns that criticize the open and competitive NPL sales process are “based on a false notion that doing so is somehow contrary to the goal of ‘neighborhood stabilization.’”

Having passed unanimously in the Senate in December, the bill now needs only the president's signature to become law.

FHFA has been considering the possibility of offering principal reduction to underwater homeowners since long before Mel Watt became Director of the Agency two years ago. Why have they taken so long to make a decision?