Marina Walsh, CMB, MBA’s VP of Industry Analysis, reported that “FHA delinquencies rose 10 basis points compared to year ago levels. … As the economy slows and labor market cools, homeowners with FHA loans are likely to feel the distress first.”
Read More »The Week Ahead: Digging Deeper Into Processing and the Prequal Process
An upcoming webinar presented by the Five Star Institute’s FORCE group will provide tools and tips to take your REO business to the next level and excel in today’s competitive marketplace.
Read More »Foreclosure Filings Up 5% Year-Over-Year in July
ATTOM reports that nationwide, one in every 4,380 housing units reported a foreclosure filing in July 2023, with Maryland leading the pack with one in every 2,071 housing units reporting a foreclosure filing.
Read More »Maximizing Opportunities in the REO Space
Members of the Board of the NRBA (National REO Brokers Association) were featured in a recent webinar discussing the next boom in REO business, and how to adjust your systems to deal with a growth in volume.
Read More »Protecting Properties in Regions With Severe Weather
Analysts at Insuranks take a closer look at how natural disasters impact homeowners, what states are most at-risk, and how to minimize damage in a time of crisis.
Read More »Florida Court Reverses Foreclosure Judgment
Attorney Adam Diaz details a recent decision in the Sunshine State to reverse a final judgment of foreclosure entered in favor of a lender, finding that the foreclosure was barred by the five-year statute of limitations.
Read More »GAO Issues Analysis of FEMA’s Risk Rating 2.0
In a new report measuring the effectiveness of Risk Rating 2.0, the GAO focused on the actuarial soundness of the program, how premiums are impacted, affordability concerns for policyholders, and implications for the private market.
Read More »Analyzing Climate Risk in the Home Search Process
According to Redfin, nearly half of U.S. residents who moved in the last year believe the frequency of weather events will likely impact home values in their area within the next 10 years.
Read More »Former Senior CFPB Attorney Launches New Firm
ormer CFPB Senior Counsel Colgate Selden partners with Alan Lindeke to bring a combined 40-plus years of senior legal, risk, compliance, and executive leadership roles to new law firm.
Read More »These States Topped Overall Mortgage Delinquency Rates as National Rate Declines
After the addition of nearly four million jobs nationwide in the last year, CoreLogic reports that a solid job market continues to help borrowers pay their mortgages on time, pushing the overall mortgage delinquency rate to a historic low in May.
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