Prospective Homeowners Find Some Relief as Monthly Payments Fall
According to a new Redfin report, San Francisco homebuyers are paying an estimated $18,000 less per year than those who bought a home when rates peaked, renewing homebuyer interest. Source: [...]
Home Renovations Always Pay Off, But Which Ones Pay Best?
More and more Americans are choosing to renovate their homes in light of today’s mortgage rates, but what are the smartest projects to maximize ROI? Source: DS News
The Week Ahead: Servicers Advancing Tech Offerings
An upcoming Five Star-led webinar will discuss how to expedite a mortgage servicing technology project, from approval to execution, in a 90-day timeframe. Source: DS News
Home Sellers Coming Off the Sidelines
According to a new report from Redfin, home sellers are starting to resurface to meet homebuyer demand as mortgage rates continue to decline, with new listings and pending sales posting [...]
Seriously Underwater Mortgages Below 3%
According to new ATTOM data, 16 times as many mortgages are equity rich versus seriously underwater. Source: DS News
HUD Awards $315M in Grants to Address Rural Homelessness
The U.S. Department of Housing and Urban Development has announced the first set of communities to receive grants and vouchers to address homelessness among people in unsheltered settings and rural [...]
OrangeGrid’s Mortgage Servicing Solution Now Live at Flagstar Bank
Flagstar Bank has implemented mortgage servicing software provided by OrangeGrid to manage its loss mitigation processes and enhance internal efficiencies. Source: DS News
Webinar Spotlight: Servicing Tech, Mortgage Data & More
Join the Five Star Webinar Series in the weeks ahead for exclusive presentations from Five Star and partners at OrangeGrid, Sagent, and Boston National. Source: DS News
Ginnie Mae Finalizes Requirements for Pooling Re-Performing Mortgage Loans
Ginnie Mae has revised the pooling requirements for re-performing loans with the publication of All Participants Memorandum 23-03, that announced a reduced seasoning period for re-performing loans. Source: DS News