The U.S. Department of Housing and Urban Development announced for commitments to public safety, facility improvements, economic development, and housing projects to further develop and preserve more housing nationwide.
Read More »GSEs Sell Off $30B of Non-Performing Loans
Between the non-performing loan sales program’s inception in 2014 and the end of 2022, the GSEs have sold off a collective $30 billion in loans to the private sector.
Read More »Share of Hispanic Households Projected to Surge by 2040
Despite elevated interest rates and rising home prices that have intensified affordability issues for Hispanic homebuyers, by 2040, an estimated 70% of new homeowners will be Hispanic. Learn what else this new study from the Urban Institute reveals.
Read More »Cenlar Names Tom Byrne VP of Quality Control
Mortgage loan subservicer taps 30-year industry veteran for new role, overseeing both the internal QC team, and outsourced vendors, establishing objectives to drive the execution of Cenlar’s QC program.
Read More »With Help, Servicing Compliance Can Get Easier
Regulatory oversight has become a fact of life for mortgage servicers. Toby Wells of Cornerstone Servicing explains how staying compliant requires a robust risk management framework.
Read More »Banks, Climate Change, and Credit; A New Perspective
New commentary from DBRS Morningstar highlights how the company looks at banks’ management of climate-related risks—in particular, from a credit perspective.
Read More »2024’s Top 10 Issues Affecting Real Estate
Headwinds such as the adoption of AI, global economic and political health, and the impact of remote work and vacant office spaces top a new study of the primary issues affecting real estate.
Read More »Potential Homebuyers Enlist Family to Help Curb Housing Affordability Costs
A new survey from Realtor.com revealed that an estimated one-third of prospective homebuyers have moved in with parents or other family members, in hopes of saving money to purchase a home this year.
Read More »Trade Groups Call Upon Fed to Curb Rate Hikes
The MBA, NAR, and NAHB have sent a letter to the Board of Governors of the Federal Reserve about the industry’s concerns over negative market impacts stemming from the Fed’s monetary policy actions.
Read More »PhoenixTeam: In the Arena
MortgagePoint explores how a minority, women-owned small business stays on the front lines of ever-changing mortgage tech. Get to know PhoenixTeam in MortgagePoint’s October cover story by clicking through.
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