Brandon McGee Joins BSI Financial as VP
In his new role, McGee will be responsible for the company’s MSR and portfolio acquisitions and overseeing and supporting the day-to-day management of the company’s growing servicing portfolio. The post [...]
Eliminating ‘Redundancy and Inconsistency’ in Nonbank Regulation
A new report published by the Urban Institute’s Housing Finance Policy Center calling for a re-examination of how federal regulators oversee nonbank mortgage servicers. The report, titled “Improving the Safety [...]
Forbearance Plan Removals Could Increase in January
A report shows forbearance activity at the highest level since early November, but nearly 270,000 forbearance plans are set to expire this week. The post Forbearance Plan Removals Could Increase [...]
Anniversary and Additions at the CFPB
The Consumer Financial Protection Bureau (CFPB) announced, in a press release, the addition of both a Deputy Chief of Staff and an Assistant Director for the Office of Innovation. Ann [...]
Unprecedented Equity Could Help Prevent ‘Foreclosure Tsunami’
Efforts at federal and local levels to help homeowners into forbearance rather than foreclosure have been enormously effective, according to economists, but the uncertainty and temporary nature of those protections [...]
Homes in Large Cities Are Less Affordable Than Ever
The American Dream of homeownership is becoming more cost-prohibitive than ever, especially in the country's largest and most in-demand cities, according to Point2. And the researchers there don't expect the situation to [...]
What Neighborhood Factors Impact Home Values?
How might a neighborhood's nearest supermarket affect its home values? The property data analysts at ATTOM Data Solutions set out to examine that question via its annual Grocery Store Wars [...]
The Trends Homeowners and Buyers Can Expect Next Year
This year has been an intense one for all industries, but the housing market has managed to come out on top. As 2021 draws nearer, Zillow offers some key trend [...]
CFBP Issues Advice on Special Purpose Credit Programs
The Consumer Financial Protection Bureau (CPFB) issued an advisory opinion related to perceived regulatory uncertainties tied to Regulation B, which implements the Equal Credit Opportunity Act (ECOA) as it applies [...]