Home / Tag Archives: HOUSING (page 76)

Tag Archives: HOUSING

Mortgages Facing Risk of Fraud

CoreLogic Senior Director of Fraud Solutions Strategy Bridget Berg recently took a look at the overall fraud risk outlook for 2017. Based on CoreLogic’s information, fraud risk increased by about 17 percent year-over-year and is now at its highest level ...

Read More »

Inclusionary Housing: A Potential Solution?

Inclusionary housing programs refer to any programs or policies that require the creation of affordable housing when new development occurs, including impact or linkage fees that generate revenue for affordable housing. As inclusionary housing is gaining attention as a way ...

Read More »

Which companies are merging, and what professionals are moving? See some highlights in this update of the housing and mortgage industries.   First American Mortgage Solutions announced on Tuesday that it is one of only a few vendors that are approved ...

Read More »

Freddie Mac Securing Seasoned Loans

On Wednesday, Freddie Mac sold $817 million worth of seasoned loans, which completed its third Seasoned Loan Structured Transaction (SLST) of seasoned re-performing loans (RPL) and moderately delinquent loans serviced by Mr. Cooper. According to a recent report by Freddie Mac, ...

Read More »

CFPB Updates Mortgage Servicing Rules

On Wednesday, the Consumer Financial Protection Bureau (CFPB) issued an interim final rule and a proposed rule in an effort to amending mortgage-servicing communication policies issued in 2016. The interim final rule gives servicers a longer, 10-day window to provide ...

Read More »

Freddie Mac: What’s Influencing Housing Affordability Now?

In a recent report by Freddie Mac, the relative influence of regulatory and geographic constraints on housing affordability was examined, discovering that the restrictive land use of cities and metropolitan areas have reduced affordability. According to the GSE's September Insights ...

Read More »

Unraveling the Equifax Data Breach

Tuesday morning, Former Equifax CEO Richard E. Smith testified before the U.S. House Committee on Energy and Commerce. Smith served as the Chairman and CEO of Equifax for the last 12 years. He stepped down on September 25, in the ...

Read More »

Bubble Risk: A City by City Breakdown

UBS Global recently released its 2017 Real Estate Bubble Index. The Index score is a weighted average of the following five standardized city sub-indices: price-to-income and price-to-rent (fundamental valuation), change in mortgage-to-GDP ratio, change in construction-to-GDP ratio (economic distortion), and ...

Read More »

First Community Mortgage Announces New Leaders

First Community Mortgage (FCM) has announced the recent promotion of three team members to new Senior Management positions, according to an announcement by Keith Canter, CEO. Loretta Roberts has been promoted to Senior VP of Compliance, Lorenzo Adams is now VP of Wholesale Operations, and Megan Breymaier has ...

Read More »