J.D. Power Survey Spotlights Importance of Customer Trust in Servicers
According to the redesigned J.D. Power 2022 U.S. Mortgage Servicer Satisfaction Study released today, customer satisfaction suffers when there is a lack of trust in the servicer. As a recession [...]
ATTOM Makes Big Move, Selling RealtyTrac & HomeFacts
ATTOM Data, a curator of nationwide real estate data for land and property, has announced that it has sold two of its subsidiaries to Nations Info in addition to signing [...]
Lenders Prioritizing Cost-Cutting Measures
As inflation rises, more families and businesses are tightening their budgets and taking cost-cutting measures to create a little more breathing room—and according to the latest survey, this includes mortgage [...]
Fewer Homeowners Repairing, Maintaining Homes
A new report found that many lower-income homeowners who make repairs rely on government assistance repair programs for emergency, structural, plumbing, electrical, mechanical, and replacement needs. The post Fewer Homeowners [...]
Pending Home Sales Retreated in All Four Major Regions
According to the National Association of Realtors, pending home sales decreased in June, following a slight increase in May. All four major regions posted month-over-month and year-over-year pullbacks, the largest [...]
CFPB and DOJ Reach Agreement With Trident Mortgage Over ECOA Violations
Settlement with mortgage lender for $22 million-plus marks the first redlining settlement that the CFPB and DOJ has reached with a non-bank entity. The post CFPB and DOJ Reach Agreement [...]
HUD Makes New Effort Pushing Energy-Savings Upgrades
As energy prices climb, much like everything else recently, the Biden Administration announced through the Department of Housing and Urban Development (HUD) that new measures are being put in place to [...]
Fed Increases Interest Rate by 75 Basis Points
On March 14-15, 2020, the Federal Reserve’s Federal Open Market Committee (FOMC) held an emergency meeting in light of the then-blossoming pandemic to cut rates by a 100 basis points [...]
Growing Cities May Be First to Feel Recession
It’s no secret that the pandemic threw a wrench in the housing market upending traditional moving and migration patterns as those with the means fled crowded urban areas for the [...]