Workforce Configuration to Meet Client Needs
As many pivoted during the pandemic managing their workforce, Steven Mowers of Claims Recovery Financial Services explains how CRFS met these challenges to craft a more diverse and inclusive culture. [...]
Interest Wanes in Second Homes and Investment Properties
Rise in both mortgage rates and loan fees for second homes is driving down interest nationwide in vacation homes nationwide. The post Interest Wanes in Second Homes and Investment Properties [...]
Mortgage Connect Finalizes Acquisition of ADFITECH
All-cash merger agreement will offer customers life-of-loan services, enhanced service levels, and tech solutions at every touch point of the mortgage process. The post Mortgage Connect Finalizes Acquisition of ADFITECH [...]
Single-Family Rental Summit Unites Investors, Stakeholders
On April 6-7, the Five Star Institute held its annual Single-Family Rental Summit at the historic Statler Hotel, deep in the heart of Downtown Dallas. The summit brought together industry [...]
Fannie Mae CEO Frater to Retire, Board Chair Bair Resigns
Current CEO Hugh Frater to retire and will be replaced on an interim basis by President David Benson. Meanwhile, Fannie Mae Board Chair Sheila Bair is stepping down and will [...]
HUD Releases Nearly $3.3M to Fight Housing Discrimination
Additional American Rescue Plan funds have been granted by HUD to Fair Housing Initiatives Program agencies to fight pandemic-related housing discrimination practices. The post HUD Releases Nearly $3.3M to Fight [...]
Consumers Growing Pessimistic on Home Purchases
Four of the six components of Fannie Mae’s latest Home Purchase Sentiment Index fell due to growing concern about the direction of mortgage rates. The post Consumers Growing Pessimistic on [...]
Navigating Compliance in a Shifting Servicing Space
Shayna Arrington of The Money Source discusses how the servicing industry has handled the array of pandemic-related rules and regulations, and how collaboration has made the servicing space a better [...]
The Exchange: The Way Forward
Larry Cordell, SVP, Risk Assessment, Data Analysis, and Research Group, and Xudong An, AVP, Supervision, Regulation, and Credit, both of the Federal Reserve Bank of Philadelphia, speak about foreclosure trends [...]