Driving Innovation in Valuations & Vendor Management
California-based US Real Estate Services, Inc. (USRES), provider of default management and portfolio services, announced today that Garrett Mays has been promoted to VP of Valuations and Vendor Management. Mays [...]
Updates on Statewide Foreclosure and Eviction Moratoria
The COVID-19 pandemic has been the impetus for federal foreclosure prevention measures. Many states also have taken their own measures. The legal-news site JDSupra has provided a summary of the [...]
Occupancy Fraud Risk Rises in Q3, Other Segments Decrease
Overall, mortgage fraud risk in Q3 declined, however purchase applications revealed a 6% risk increase since Q2. The one fraud type segment to increase since last year is occupancy fraud. [...]
Hubzu Launches Mobile App
Online real estate marketing platform, Hubzu, today announced it launched a new mobile app that will give residential real estate buyers on-the-go access to the power and functionality of the [...]
Should CFPB Reorganize ‘Just Weeks Before an Election’?
U.S. Sen. Sherrod Brown (D-Ohio), the ranking member of the Senate Committee on Banking, Housing, and Urban Affairs, has called on Consumer Financial Protection Bureau (CFPB) Director Kathy Kraninger to [...]
FHFA Strategy Focuses on Post-Conservatorship Years
The Federal Housing Finance Agency (FHFA) has released an updated strategic plan that envisioned a path for ending the conservatorships of Fannie Mae and Freddie Mac that have been in [...]
Why Are Americans Putting Off Selling Their Homes?
The competition among homebuyers is intense and home prices have been soaring in recent months. The cause of this heated competition and rising prices is the short supply of homes [...]
Fintech Vs. Traditional Lending Risks
Fintech reportedly is allowing lenders to close on mortgage loans faster than in the past, and, especially as the market shifts increasingly digital, all signs point to its growth in [...]
10 Cities with the Most Financial Distress from COVID-19
As businesses across the country are reopening and unemployment rates begin to creep back up, there is no doubt that there are still plenty of people struggling. The coronavirus pandemic [...]