Warrington, Pennsylvania-based Stern & Eisenberg adds a crew of seasoned real estate and business law, general and mortgage default litigation, estate planning and administration attorneys as shareholders to the firm.
Read More »Rent Prices Decline for Eighth Consecutive Month
Great news for renters: rent prices are trending downwards to an average of $1,900 for a typical two-bedroom apartment.
Read More »Sagent Taps Former Mr. Cooper President for Executive Chair Role
Sagent has named former Vice Chair and President of Mr. Cooper Chris Marshall as its new Executive Chair, tapped to strategize the fintech provider’s cloud-native software platform.
Read More »Overall Performance of Servicing Portfolios Declined in December
Latest estimates from the MBA find that 115,000 homeowners are now in forbearance plans nationwide, as mortgage servicers have provided relief to approximately 8.1 million borrowers since March 2020.
Read More »Frozen Out: House-Hunters Stay Home in Face of Harsh Weather
According to Redfin's latest Housing Market Update, inclement weather that froze parts of the U.S. slowed overall homebuying activity recently. Conversely, agents in warmer regions report that buyers and sellers remain active, despite mortgage rates remaining in the high-6% range.
Read More »Cenlar Appoints New SVP of Default Operations
Mortgage loan subservicer adds former SVP at Mr. Cooper Ingrid Jaschok tapped to oversee all business segments within Cenlar’s default servicing portfolio.
Read More »Reps. Lieu and Sherman Request HUD Policy Change to House Disabled Vets
In a letter to HUD Secretary Marcia L. Fudge, U.S. Reps. Ted W. Lieu and Brad Sherman are asking the Department to revise its policy to increase housing opportunities for homeless disabled veterans.
Read More »CFPB Further Cracks Down on ‘Junk Fees’
After proposing a new rule last week to close a junk fee loophole, the Consumer Financial Protection Bureau has proposed a new rule to stop junk fees at the time of payment.
Read More »December Housing Trends: Positive Signs for 2024?
According to the RE/MAX National Housing Report, home sales dropped year-over-year in December, but experts project that with mortgage rates continuing their downward trend, homebuyers that have been priced out or pushed to the sidelines may begin to creep back into the market.
Read More »Xome Names New COO
Real estate marketplace adds former Altisource exec Mike Jansta as new Chief Operating Officer to oversee its auction, default servicing, and quality assurance operations.
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