A new report from Realtor.com found that cumulative price growth of low-risk homes consistently outperformed the rate of high-risk homes, suggesting that flood risks are increasingly reflected in housing prices.
Read More »Forbearance Volume Rises for First Time in 29 Months
The impact of Hurricane Ian in the Southeast U.S. forced the share of mortgage loans in forbearance slightly upward in October, as an approximately 350,000 U.S. homeowners are now in forbearance plans.
Read More »Nayda McKain Promoted by Cenlar to VP, Human Resources
Former Fannie Mae Chief of Staff is promoted by Cenlar to help drive organizational change, employee engagement, process improvements, and business continuity within the subservicer.
Read More »Probate-Foreclosure Knot Untangled?
It’s not often that a modern-day court relies on case law from 1896, but a recent case did exactly that, examining long-standing friction between Illinois probate and foreclosure law.
Read More »CFPB Calls Out Servicers for Violations of the Fair Credit Reporting Act
In the Bureau’s Fall 2022 report, some mortgage servicers were cited for violations of federal law by charging sizable phone payment fees and for charging consumers fees while they were in CARES Act forbearances.
Read More »The Rising Cost of Mortgage Fraud
A new analysis from LexisNexus examines the increase in costs for originators, servicers and settlement firms related to mortgage-related fraud costs.
Read More »The Role of Title in the SFR Market
An upcoming Five Star webinar, presented by Selene Title, will feature a panel of experts tackling the topic of title and its critical role in the single-family rental, build-for-rent, and bulk transaction marketplaces. Click through to learn more and register to attend.
Read More »More Homeowners Investing in Climate Risk Protection
Redfin has found that one-third of homeowners have spent $5,000 or more to make their homes more resilient to climate risk, and 36% say they have an insurance policy covering flooding—a higher share than other climate risks.
Read More »Ginnie Mae to Change Its Re-Pooling Requirements
New policy changes will improve the strength of the mortgage sector by increasing issuer liquidity by shortening the re-pooling seasoning requirement for reperforming loans from six months to three months.
Read More »The Exchange: Overcoming Risk Management Obstacles
Jacob Williamson of Fannie Mae chats with DS News on the latest happenings with the GSE, including valuation modernization, the PAVE Task Force, and Future Housing Leaders and the Appraiser Diversity Initiative, among other topics.
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