Enhancing Offerings With Loan Modification and Pre-Foreclosure Title Reports
WFG Default Title Services has expanded its offerings in response to the large number of forbearances and the need for mortgage servicers and default managers to keep borrowers in their [...]
Home Renovations Rise in Wake of the New Norm
Americans are spending a considerable more amount of time at home over the past year due to the pandemic and adapting to this new norm, increasingly renovating their living spaces [...]
What a $15k Tax Credit Could Mean for Homeownership
After the Great Recession in 2008 sent the housing industry into a tailspin, the Obama administration launched a tax credit for first-time homebuyers. The plan was to motivate consumers to [...]
Artificial Intelligence: The ‘Crystal Ball for Servicers’
Yvette Gilmore, SVP of Servicing Product Strategy at ServiceLink, talks about using predictive modeling to determine the optimal disposition strategy for properties in default. The post Artificial Intelligence: The ‘Crystal Ball for Servicers’ appeared first [...]
Millennials Helping Drive Housing Market’s Tech Evolution
A study by Zillow has found that nearly 50% of millennials are using tech to home shop and buy nationwide. The post Millennials Helping Drive Housing Market’s Tech Evolution appeared [...]
What the American Rescue Plan Means for Housing
In addition to those $1,400 stimulus checks, the $1.9 trillion economic stimulus package also will funnel billions into the housing market. The post What the American Rescue Plan Means for [...]
Frontline Workers Struggling to Attain Housing
A new study examines the increasing gap in home attainability nationwide, as frontline workers and those in healthcare are having issues finding affordable homes. The post Frontline Workers Struggling to [...]
Why More Nonwhite Neighborhoods Might Be Flood Prone
In dozens of cities across the country, maps of flooding danger zones bear a striking resemblance to corresponding redlining maps of yesteryear, a study revealed. That Redfin study showed formerly [...]
Forbearance Activity Rate Dips Under 5%
The forbearance report from Black Knight's McDash Flash Forbearance Tracker showed the largest week-over-week decline in forbearance activity since early January. Active plans dropped by 77,000 overall in the week [...]