The Week Ahead: Empowering the REO Space
An upcoming FORCE-sponsored webinar will preview this March’s Velocity Conference, an event assembling the industry’s top REO professionals, agents and brokers, asset managers, property managers, attorneys, and servicers under one [...]
Stern & Eisenberg Names 13 New Shareholders
Warrington, Pennsylvania-based Stern & Eisenberg adds a crew of seasoned real estate and business law, general and mortgage default litigation, estate planning and administration attorneys as shareholders to the firm. [...]
Rent Prices Decline for Eighth Consecutive Month
Great news for renters: rent prices are trending downwards to an average of $1,900 for a typical two-bedroom apartment. Source: DS News
Sagent Taps Former Mr. Cooper President for Executive Chair Role
Sagent has named former Vice Chair and President of Mr. Cooper Chris Marshall as its new Executive Chair, tapped to strategize the fintech provider’s cloud-native software platform. Source: DS News
Overall Performance of Servicing Portfolios Decline in December
Latest estimates from the MBA find that 115,000 homeowners are now in forbearance plans nationwide, as mortgage servicers have provided relief to approximately 8.1 million borrowers since March of 2020. [...]
Homebuying Activity in Warmer Locales Outpace Areas Hit by Harsh Weather
According to Redfin's latest Housing Market Update, some areas of the U.S. are being affected by inclement weather, slow overall homebuying activity, while agents in warmer locales say buyers and [...]
Cenlar Appoints New SVP of Default Operations
Mortgage loan subservicer adds former SVP at Mr. Cooper Ingrid Jaschok tapped to oversee all business segments within Cenlar’s default servicing portfolio. Source: DS News
Reps. Lieu and Sherman Request HUD Policy Change to House Disabled Vets
In a letter to HUD Secretary Marcia L. Fudge U.S. Reps. Ted W. Lieu and Brad Sherman are asking the Department to revise its policy to increase housing opportunities for [...]
CFPB Further Cracks Down on ‘Junk Fees’
After proposing a new rule last week to close a junk fee loophole, the Consumer Financial Protection Bureau has proposed a new rule to stop junk fees at the time [...]