One in 131 mortgage applications contained instances of fraud in the second quarter of 2022 according to @CoreLogicInc, despite a rise in the instances of income fraud and property fraud.
In a letter to the White House, NAR, the MBA, NAHB and MHI have submitted a letter asking for the FHA to cu...
@Redfin reports that users who viewed homes with severe and/or extreme flood risk proceeded to bid on homes...
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Loan origination and servicing costs per loan have risen over time, as a new @HUDgov study examines the impact of these factors on affordable homeownership for those interested in lower-priced homes.
Online real estate auction marketplace @Xomerealestate adds 15-plus-year industry veteran to lead tech initiatives to create and source transformative technology solutions.
Areas with a higher risk of flooding are seeing an increase in the rate of mortgage application denials and withdrawals, while risks associated with other climate events are having little impact on mo
For the 16th consecutive month, mortgage delinquencies slid month-over-month in July as per @CoreLogicInc, however continued inflationary concerns by homeowners is proving increasingly difficult for t
President Biden has issued a major disaster declaration for several Florida counties, after an estimated $22-$32 billion in wind losses for residential and commercial properties due to Hurricane Ian.
John Vella, Chief Revenue Officer of Selene, sits down with DS News to discuss the state of the servicing sector, and lessons learned from listening and working with borrowers on the path to a success
@CoreLogicInc estimates that residential and commercial property loss from Hurricane Ian’s wind and storm surge damage will make it the costliest storm to hit the Sunshine State since Hurricane Andrew
A group of banks and trade groups are taking action against the CFPB, challenging the Bureau’s update to the Unfair, Deceptive, or Abusive Acts or Practices Section of its exam manual, and for potenti
According to S&P CoreLogic Case-Shiller home prices experienced a near 16% annual gain in July, a total that slid 2.3% month-over-month, as the Fed continues to take action to remedy the nation’s
A donation from the @WellsFargo Foundation to be dedicated toward disaster relief efforts in Puerto Rico to rebuild the region in the wake of Hurricane Fiona making landfall.
Under the Fiscal Year Notice of Funding Opportunity, @HUDgov has pledged $1.4 million to The Urban Institute and Horne, LLP to assist low-income renters and communities impacted by disasters.
Fix-and-flip investors enjoyed another strong quarter in Q2, as the total number of properties flipped nationwide was the second-highest @Attomdata recorded over the past 22 years.
While overall mortgage servicers’ portfolio volume of loans in forbearance continues to dwindle, @GinnieMaeGov loans in forbearance increased in August, with approximately 360,000 U.S. homeowners curr
Breaking News: Select Portfolio Servicing to Acquire Rushmore Loan Management Services
An upcoming Five Star Institute webinar will address the state of the MSR market, and what lies ahead in 2023 for the industry’s subservicing sector.
An upcoming House Financial Services Committee hearing will discuss climate change’s impact on the nation, as wildfires burned an average of 6.8 million acres annually, putting homeowners in at-risk a
Twenty-five-year industry veteran Gary Gaskin will be responsible for @CenlarFSB's loan boarding, acquisitions, and transfers, as well as identifying opportunities to automate processes and improve op
The passage of HR 7735 by the House will ease the barriers faced by veterans in obtaining an appraisal on a VA loan, leveling the playing field in a competitive housing marketplace.
In a letter to the White House, NAR, the MBA, NAHB and MHI have submitted a letter asking for the FHA to cut its mortgage insurance premium by helping increase wealth nationwide.
@Redfin reports that users who viewed homes with severe and/or extreme flood risk proceeded to bid on homes with 54% less risk after gaining access to flood-risk data.