GSEs to Require Servicers to Obtain Fair Lending Data
In a move to assist borrowers in times of distress, the FHFA will require mortgage servicers to obtain fair lending data on borrowers to better understand their needs throughout the [...]
The MSR Market Is Soaring, But Challenges Await
Buyers in the MSR market are finding great deals at this time, but these rewards may come with great risk as Allen Price of BSI Financial Services explains. The post [...]
How Is ‘Seasonality’ Impacting Foreclosure Rates?
ATTOM Data, has released the latest iteration of its Foreclosure Market Report for July 2022 and found that there were a total of 30,358 properties with some form of foreclosure [...]
Mortgage Delinquency Data Update
CoreLogic has released the latest iteration of its monthly Loan Performance Insights Report for May 2022. According to CoreLogic, the total delinquency rate fell to 2.7% of all loans, reflecting [...]
Modernizing the Community Reinvestment Act
The Chairman of the House Financial Services Committee, Maxine Watters, has authored a public letter with the backing of 76 of her Democratic colleagues in the House of Representatives, the [...]
Housing Inventory Experiences Growth
The number of unsold homes in July increased for the first time since 2019, climbing by a record 30.7% year-over-year, according to Realtor.com. The post Housing Inventory Experiences Growth appeared [...]
The Silver Lining in a Greenfield Playbook
Because it requires a detailed strategy and high level of expertise to create a lean organization, the Greenfield Playbook can guide a mortgage servcier to formulating a cost-effective operation through [...]
Housing Markets Transition Toward New Normal
New data from Realtor.com and the Wall Street Journal revealed the economy and housing markets are moving through a transition toward a new normal this summer, as consumers maintained an [...]
July Bankruptcies Fall 5% YoY
Epiq, an Atlanta-based provider of intelligence to the legal services industry, has released its July 2022 bankruptcy filing statistics from its new Bankruptcy Analytics platform which found that filings decreased [...]