A new report reveals that the national delinquency rate inched higher in November but remains below pre-pandemic levels, while "serious" delinquencies—those that are more than 90 days past due—also rose but are down year-over-year.
Read More »Snapshot: Commercial Bankruptcies Surge YoY
While commercial bankruptcies were up over 140% year-over-year, individual bankruptcy filings also increased year-over-year, putting additional stress on the economy.
Read More »Mortgage Monitor Finds Modest Opportunity in Refi Market
Alongside rising interest rates, the average equity withdrawal among cash-out refinances has also risen by nearly 90% from its low in 2020.
Read More »REO Professionals Set to Gather in Vegas
Five Star’s inaugural REO Connect event will serve as a hub for industry professionals committed to making the REO process profitable, efficient, and effective at eliminating blight from neighborhoods nationwide.
Read More »HUD Accuses Oklahoma Housing Provider of Racial Discrimination
HUD has found an Oklahoma property management company in violation of the Fair Housing Act by failing to satisfactorily respond to cases of racial harassment.
Read More »Black Knight’s New Digital Solutions
The mortgage industry has a new solution available thanks to technology, see who is upgrading and what they are offering.
Read More »RoundPoint Mortgage Makes the Inc. 5000 List
RoundPoint Mortgage Servicing Corporation gained spot number 2,386 on Inc. magazine’s 38th annual Inc. 5000 list, a ranking of the nation's fastest-growing private companies. RoundPoint joins the rank of other companies such as Microsoft, Dell, Domino’s Pizza, Pandora, Timberland, LinkedIn, Yelp, and Zillow who all gained national exposure as honorees of the Inc. 5000 list.
Read More »Industry Group Takes Step Toward Diversity
Thanks to one of REO’s biggest professional groups, the mortgage industry has taken a significant step in diversity and inclusion. The Federation of REO Certified Experts announced the launch of its Diversity Council on Wednesday, a group that aims to “advance conversations on diversity and inclusion.” The group is made up of six committees, including ones for Latino, African American, women, LGBT, veteran, and Asian REO professionals.
Read More »Factom, Inc. Welcomes Three Veteran Executives
Factom, Inc., a blockchain as a service company that provides products offering document and data integrity as its EVP of R&D, recently announced the addition of three veteran executives.
Read More »Realtor.com Still Sluggish Amidst DDoS Attack
Move, Inc., reported that it is continuing to combat the distributed denial of service (DDoS) attack which has interrupted its websites' operations since mid-day June 17. The company said in a release that they are "working around-the-clock" to mitigate the attack and restore operations.
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