Servicing

Dean Kelker of SingleSource Property Solutions explains how the evolution of mobile technology and AI will greatly assist in furthering education on the front end and back end of the loan origination process.

A new poll has found that renters prefer their property managers utilize electronic methods of payment, as nearly 80% of renters polled preferred digital payment options when receiving a security deposit refund from a landlord or property management company.

A lawsuit filed by the CFPB and Justice Department alleges that Texas-based developer and lender Colony Ridge targeted and exploited Hispanic borrowers with false statements and predatory loans.

According to the FHFA’s Foreclosure Prevention and Refinance Report for the third quarter, the GSEs’ serious delinquency rate declined at the end of the quarter, with Fannie Mae and Freddie Mac completing more than 43,000 foreclosure prevention actions during Q3.

According to the MBA, the share of mortgage loans in forbearance decreased to 0.26% nationwide in November, with roughly 70% of loan workouts initiated since 2020 classified as current.

James Braxton of Servbank explains how investing in your own workforce will produce better leadership and enhance the overall customer experience.

MBA reports that a slip in sales transaction and refi volumes has meant less new debt was extended in the third quarter.

Taking a deep dive into Supplemental Partial Claims, Joseph Smith of Stretto explains the benefits and drawbacks they present in today’s mortgage landscape, and other considerations.

Profits and profit margins for home flippers recovered in Q3 2023, with a new report revealing that investors were able to benefit from shifts in prices between the time of purchase and the point at which they sold them.

As we approach a new year, MortgagePoint took the temperature of industry experts to see what lies ahead for a market that trudged through 2023 hampered by the convergence of rates reaching 20-year highs, a shortage of housing inventory, and inflated home values.