...June, the report indicated. Around 1.9% of the state's housing was non-current. Oregon (2.09%), Washington (2.1%), Idaho (2.2%) and California (2.2) rounded off the bottom five states by non-current percentage....
Read More »Search Results for: california
NewFI Implements LoanScorecard’s Pricer1 and Portfolio Underwriter
...Wholesale is a wholesale mortgage lender headquartered in Emeryville, California, with expertise in government, jumbo, and non-qualified mortgage (non-QM) lending. The company is licensed to do business in California, Arizona,...
Read More »Politics, Housing, and its Impact on Foreign Buyers
...be causing the Chinese to pullback on U.S. real estate, with real estate agents in California reporting less demand from prospective Chinese buyers. “We call it the Trump effect. It’s...
Read More »AI Foundry Announces Mortgage Document Model
...solve specific mortgage workflow processes. AI Foundry has been selected to present and demonstrate this new technology at the VentureBeat Transform Showcase Expo, July 10, 2019 in San Francisco, California....
Read More »ClosingCorp Offers Natural Disaster Alerts to SmartFees Users
...control reviews in a more expeditious and efficient manner.” Headquartered in San Diego, California, ClosingCorp owns and operates a source of intelligence for closing costs and service providers in the...
Read More »Earthquakes and California MBS
According to Fitch Ratings, recent California earthquakes should have no impact on the ratings of Residential Mortgage Backed Securities (RMBS). Fitch notes that less than 1% of Fitch-rated RMBS pools...
Read More »Wildfires and Their Impact on the Housing Market
...acres were burned by wildfires during the first six months of 2019. According to CoreLogic, the estimated value of property loss associated to the Camp Fire in California in late...
Read More »Foreclosures in Western U.S. a Cause for Concern
...2018 California Camp Fire, the serious delinquency rate in the Chico, California, metro area this April was 21% higher than one year ago,” said Frank Nothaft, Chief Economist for CoreLogic....
Read More »The Lingering Impact of Natural Disasters on Delinquency Rates
...“However, a number of metros that suffered a natural disaster or economic decline contradict this national trend. For example, in the wake of the 2018 California Camp Fire, the serious...
Read More »Parts of a Whole in Default Servicing
...to privacy and consumer information protection. Worrall cited the example of the California Consumer Privacy Act (CCPA). “Any servicer who’s not paying attention, or who didn’t pay attention to the...
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