Cenlar Adds Scott Goldman as VP of Issues Management
Goldman will be responsible for leading Cenlar's Issues Management Team that will execute on resolving issues and control deficiencies. The post Cenlar Adds Scott Goldman as VP of Issues Management [...]
Ginnie Mae Eases Loan Mod Efficiency on Paper Mortgages
A new measure will simplify the process for issuers and borrowers of Ginnie-issued paper mortgages to modify their loans with greater ease. The post Ginnie Mae Eases Loan Mod Efficiency [...]
Home Auctions Growing in Popularity
An increasing number of buyers are bypassing the continued struggle between short supply and high prices, and seeking homes at auctions. The post Home Auctions Growing in Popularity appeared first [...]
FHA’s MMI Fund Propelled by Gains in Home Prices
In a report to Congress, the FHA reports that its Mutual Mortgage Insurance (MMI) Fund hit 8.03% for fiscal year 2021, a 1.93 percentage point-rise year-over-year. The post FHA’s MMI [...]
Ginnie Mae Provides MBS Issuance Update
Ginnie’s mortgage-backed securities issuance fell month-over-month in October, despite reporting it had passed $1 trillion in principal and interest payments through to investors in FY2021. The post Ginnie Mae Provides [...]
Price Woes: Fewer Homes Selling for Above List Price
A new report from OJO Labs, a Texas-based real estate technology and guidance company, has found that 40.9% of homes in October sold for more than its list price—a number that has been consistently declining [...]
Home Sales to Taper Off in 2022
A combination of increased inventory and rising rates will play a role in weakening the housing market over the next 12 months. The post Home Sales to Taper Off in [...]
Regions Bank Hires Todd Jarman as VP
As VP of its Income Property Finance Group, Jarman will serve clients throughout the Southeast, Mid-Atlantic, and Midwest regions. The post Regions Bank Hires Todd Jarman as VP appeared first [...]
Active Forbearance Numbers Dip Below New Milestone
The number of loans in COVID-related forbearance dropped to another recent low last month. Here is what else the report found as we enter the holiday season. The post Active [...]