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Flagstar Bank Names New EVP, Servicing Head

James Campbell comes to the company from Caliber Home Loans, where he has a track record of working with origination partners in all four lending channels—retail, wholesale, correspondent, and [...]

New Home Buyers Can Expect to Pay a Premium

New research by Knock, a digital homeownership platform, confirmed something that many homebuyers have already discovered: they are being priced-out of the new home market.  While the uptick in new construction [...]

Inventory Begins to Fall as 2021 Comes to a Close

Month-over-month, contract signings fell 2.3% in September from August, and slid 8% year-over-year, as NAR reports nominal house price growth has been outpacing house-buying power with rates on the [...]

OCC Delivers Consent Order Against Cenlar

Mortgage servicer to take comprehensive corrective actions to address identified deficiencies, and implement internal controls and risk management practices. The post OCC Delivers Consent Order Against Cenlar appeared first [...]

Covius Acquires Nationwide Title Clearing

Covius Holdings, Inc. (Covius), a provider of technology-enabled solutions to the financial services industry, announced that it has completed the acquisition of Palm Harbor, Florida-based Nationwide Title Clearing, LLC (NTC) and that approximately 670 NTC associates [...]

Mortgage Fraud Risk Rises Significantly in Q2

With a 37.2% national year-over-year increase in mortgage fraud risk in the second quarter of 2021, CoreLogic reports an estimated 0.83%—or one in 120—of all mortgage applications contained fraud. [...]

More People Starting Their Homeowning Journey Online

A majority of modern homebuyers begin looking for homes online before contacting an agent, according to a report, but on-the-ground expertise and real-life interactions remain important. The post More [...]

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