How Economic Indicators Are Impacting Delinquency Rates, Foreclosures
Delinquency rates hit an all-time low during the second quarter of 2022 finally settling at a seasonally adjusted rate of 3.64% of all outstanding residential loans according to the latest [...]
Cenlar Appoints Four to Its Default Management Team
Mortgage loan subservicer adds veterans Adam Saab, Adam Wood, Jason Schmidt, and Jessica Sharp to bolster its default management operations. The post Cenlar Appoints Four to Its Default Management Team [...]
Home Insurance Prices Up Across the Board, Rising Faster than Inflation
Based on a Policygenius study of 8,698 active home insurance policies quoted for renewal between May 2021 and May 2022, home insurance prices are rising at a faster rate than [...]
Unexpected Lessons Learned From COVID-19 Data
The pandemic certainly tested the housing industry, but as Alex Kudman and Srijan Sareen of Enact Mortgage Insurance explain, the data collected provided what was needed to make the correct [...]
Most Metro Areas Post Double-Digit Q2 Price Gains
Despite market influences that are pushing up mortgage rates and slumping home sales numbers during the second quarter of 2022, most metropolitan areas still saw double-digit annual price gains compared [...]
Cissy Yang to Join Fannie Mae as Chief Audit Executive
Twenty-five-plus-year audit executive to join GSE to monitor key risks assessments, and replace the retiring J. Douglas Watt, Fannie Mae's current SVP and Chief Audit Executive. The post Cissy Yang [...]
‘Stale’ Housing Inventory Rises in July
The share of U.S. homes that were listed for 30 days or longer without going under contract increased 12.5% in July from a year earlier, according to a new report [...]
Cenlar Appoints Dave Applegate as Chairman of the Board of Directors
Cenlar FSB announced that Dave Applegate has been appointed Chairman of the Board of Directors. In addition, Executive VP and Chief Operating Officer Robert “Rob” Lux has been named co-CEO [...]
Fixer-Uppers Remain Viable Option for Cash-Strapped Buyers
Buying a fixer-upper remains a viable option for many buyers trying to stretch their dollar in the current environment of still-rising home prices, bidding wars, low inventory and rising interest [...]