...Investment in Real Property Act places higher taxes on foreign real estate investors than domestic investors. The act was expanded in 2007 to apply to real estate investment trusts (REITS)....
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Leveraging Machine Learning for Better Default Decisions
...this case, the models were “trained” on historical operational data from our field services and title companies. In addition, leading property, neighborhood, and real estate databases were integrated into the...
Read More »The Industry Pulse: Keeping Servicers Updated
LERETA, LLC, a provider of real estate tax and flood services for mortgage servicers, has increased the frequency of its tax agency updates in preparation for the upcoming tax...
Read More »LERETA Provides Daily Agency Updates of COVID-19 Effects on Industry
LERETA, LLC, a provider of real estate tax and flood services for mortgage servicers, has increased the frequency of its tax agency updates in preparation for the upcoming tax cycles....
Read More »Homeowners Are Running Out of Savings
...pandemic are now either unemployed or are working fewer hours, according to a survey conducted by Clever Real Estate, a free online service connecting consumers with real estate agents. Half...
Read More »CFPB, FHFA Partner on Borrower Assistance Program
...an unprecedented event,” said Susan Wachter, professor of real estate and finance at the Wharton School of the University of Pennsylvania, in an article by the Los Angeles Times. “The...
Read More »Don Layton on Pandemic Challenges to Mortgage Servicing
...needs revision, period,” Layton says. As for real estate investment trusts (REITs), Layton says the end outcome will likely be new regulations on maximum leverage and minimum liquidity. Some impacts...
Read More »Maintaining REO Business During a Pandemic
Last week, The Federation of REO Certified Experts (FORCE) held virtual regional Townhall Meetings to discuss the impact of COVID-19 on residential real estate listings. Members discussed sustainability and business...
Read More »The Price of Keeping People in Their Homes
...home loans—nearly 15 million households—could stop paying their loans if the economy is closed through the summer. “This is an unprecedented event,” said Susan Wachter, professor of real estate and...
Read More »Coronavirus Could Halt Mortgage Payments
...the summer. “This is an unprecedented event,” said Susan Wachter, professor of real estate and finance at the Wharton School of the University of Pennsylvania, in an article by the...
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