In the newest edition of MP5: Inside the Industry, Chuck Mureddu of SWBC Lending discusses the latest trends in the appraisal and valuation space, from advancements in technology to borrower disputes.
Read More »Will Projected Price Declines Drive Pandemic Homebuyers Underwater?
According to a new Redfin analysis, a projected 3% of pandemic homebuyers could fall underwater with next year’s estimated 4% home price decline, with metros such as Sacramento and Phoenix at a higher risk.
Read More »Study: Homes in Snowiest States Cost Nearly $57,000 More
A new study from LendingTree found that median-priced homes in the states with the most snow are more expensive, on average, than median-priced homes in the states with the least snow. Here are the full findings.
Read More »Fed Raises Interest Rate to 15-Year High
FOMC raises the borrowing rate half a percentage point, capping a series of four consecutive three-quarter-point hikes.
Read More »Fueling Growth in Mortgage Subservicing
ServiceMac President & CEO Bob Caruso shares his perspectives on the impact of technology on the servicing industry, and what lies ahead for the servicing sector in 2023.
Read More »People of Color Less Likely to Own Their Homes Than Whites
According to the Joint Center for Housing Studies at Harvard University, in the past two years, a growing number of for-profit and non-profit lenders have created special purpose credit programs (SPCPs) that aim to address some of the longstanding policies ...
Read More »Banks Feel Pressure of Changing Industries
As banks grapple with developing and adopting next-gen analytics, credit risk, and other technologies, a digital revolution may be on the horizon.
Read More »Average Rent Surpasses $2,000
Rent gains in November fell for the sixth straight month. Click through to learn what the latest data reveals.
Read More »FHFA, CFPB Unveils Updated National Survey of Mortgage Originations Data
New data released from the FHFA and CFPB revealed the COVID-19 pandemic shaped the mortgage borrower experience in 2020, with nearly 50% of borrowers reporting that a paperless online mortgage process was more important to them during the pandemic than in previous years.
Read More »CFPB to Establish Registry to Detect Repeat Offenders
The proposal of a registry of company and court order information will assist the Bureau in identifying and mitigating risks to American households, according to the CFPB.
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