Former Fannie Mae Chief of Staff is promoted by Cenlar to help drive organizational change, employee engagement, process improvements, and business continuity within the subservicer. Source: DS News
According to Redfin’s most recent Housing Market Report, mortgage rates dropped from over 7% last week to 6.6% this week on better-than-expected inflation numbers. Source: DS News
HUD Secretary Marcia L. Fudge and Deputy Secretary Adrianne Todman addressed the 27th U.N. Climate Conference to discuss the Department’s climate action plan through improving efficient and resilient building [...]
It’s not often that a modern-day court relies on case law from 1896, but a recent case did exactly that, examining long-standing friction between Illinois probate and foreclosure law. [...]
Distressed sales, including foreclosures and short sales, comprised just 1% of home sales in October 2002 according to new NAR data, down from 2% in September. Source: DS News
Despite the decline in rental costs nationwide, affordability remains a concern among most tenants. Source: DS News
Phil King of EXOS Valuations at ServiceLink discusses how technology has advanced the appraisal industry, and what lies ahead for the market in the next year. Source: DS News
With news that inflation may have peaked, Freddie Mac reports that the fixed-rate mortgage fell below the 7% mark, leading to a slight rise in overall mortgage app volume [...]
"We're excited to release the new social disclosures after receiving positive feedback on the proposal over the last several months," said Devang Doshi, SVP of Single-Family Capital Markets at [...]
In the Bureau’s Fall 2022 report, some mortgage servicers were cited for violations of federal law by charging sizable phone payment fees and for charging consumers fees while they [...]
