Mortgage Compliance Expert Michael S. Waldron Becomes Executive Advisor to Five Star Institute
As part of the partnership, Waldron's Compliability Solutions LLC, an advisory services and staffing firm that helps companies in real estate finance create and optimize compliance strategies, also joins Five [...]
FHFA Seeks Comment on Fair Housing and Fair Lending Oversight
FHFA expects this rulemaking to provide increased public transparency and greater oversight and accountability of the regulated entities’ fair housing and fair lending compliance. Source: DS News
Median U.S. Home Prices Experience Largest Drop Since 2012
According to a new report from Redfin, home prices fell 3.3% in March, while pending home sales also dropped to their lowest level since the start of the pandemic. Source: [...]
Credit Conditions Tightened Slightly in March
According to a new report from First American, the Potential Home Sales Model for March revealed it is unlikely that the recent banking crisis will materially impact residential mortgage availability. [...]
Q1 Foreclosure Activity Trends Upward
Spurred by rising unemployment, ATTOM has found that U.S. foreclosure filings climbed 22% year-over-year in the first quarter of 2023. Source: DS News
Cenlar Taps Theodore Mugnier to Lead Cybersecurity Efforts
Former U.S. Marine joins mortgage subservicer, responsible for the cybersecurity team and emerging risk to ensure that Cenlar continues to remain compliant. Source: DS News
Fannie Mae: ‘Lock-in Effect’ Amplifying Housing Shortages
While mortgage rates and supply constraints persist, the significant lack of housing supply remains supportive of home prices, as prices inched up 1% in Q1 2023. Source: DS News
Measuring the Cost of Real Estate Wire Fraud
A new report from CertifID has found that homebuyers’ and sellers’ wire transactions are rapidly being targeted by cybercriminals, with in excess of $106,000 as the average wire loss in [...]
Five Star Government Forum Brings Together Mortgage Industry, Government
The thirteenth annual Government Forum returned to the National Press Club last week, featuring a day of insights and collaboration kicked off by a keynote from Federal Housing Commissioner Julia [...]