Q1 Home Sellers Net Profit of $70K+
Home sellers saw their profits decline slightly in the first quarter of 2021, but saw year-over-year gains nationwide. The post Q1 Home Sellers Net Profit of $70K+ appeared first on [...]
Servicer Amends Payment Mistakes
Due to a system test by one of its vendors, Mr. Cooper is working with banks and refunding customers whose accounts were hit with erroneous charges. The post Servicer Amends Payment Mistakes appeared first on DSNews. Source: [...]
Sagent Hires Former Fannie Mae Exec
Sagent, a Pennsylvania-based fintech company modernizing mortgage and consumer loan servicing for America’s top banks and lenders, today appointed Andrew Bon Salle to its board of directors. The move accelerates [...]
New Refi Option for GSE-Backed Mortgages
A new refinance option drafted by the FHFA will benefit nearly two million low-income borrowers and allow them to take advantage of record-low rates. The post New Refi Option for [...]
How Home Purchase Price Differences Could Widen Wealth Gaps
A couple of real estate and finance experts are digging into three year's worth of data to uncover how today's housing market conditions could be creating an environment that intensifies [...]
CFPB Delays Mandatory Compliance of QM Rule
Governmental actions will provide lender and borrower flexibility as the industry tackles challenging economic times. The post CFPB Delays Mandatory Compliance of QM Rule appeared first on DSNews. Source: DS [...]
A Breakdown of FEMA’s New Flood Insurance Rating Procedures
The agency last week announced the first major update to its pricing system in 50 years—a new report assesses what that means for homeowners in flood-prone zones. The post A [...]
$1 Billion Joint Venture Focuses on SFR Market
New partnership to boost single-family rental market in the western U.S. as Atlas Real Estate and DivcoWest enter agreement. The post $1 Billion Joint Venture Focuses on SFR Market appeared [...]
Could the ‘Wealth Effect’ Mean More Homes on the Market?
Equity gains allow a homeowner to keep pace with the housing market, but not necessarily outpace it—an economist explains. The post Could the ‘Wealth Effect’ Mean More Homes on the Market? [...]