PhoenixTeam: In the Arena
MortgagePoint explores how a minority, women-owned small business stays on the front lines of ever-changing mortgage tech. Source: DS News
Blog: Tectonic Shifts in Demographics are Coming
According to a new First American Financial Company blog post, millennials are poised to surpass boomers as the largest generation, and will be the major purchasers of their homes, inadequate [...]
Consumer Housing Sentiment Further Dampened by Elevated Mortgage Rates
Consumers nationwide are citing elevated mortgage rates rather than home prices as their primary challenge in reaching affordability, as rates above 7% continue to dampen the overall housing market sentiment, [...]
Overcoming Communication Hurdles in the Default Servicing Space
When it comes to wading through a sea of industry jargon, there is no larger ocean to navigate than the default servicing industry, and an upcoming webinar hosted by Legal [...]
Appellate Court Allows Lender to Foreclose Over Disputed Mortgage Payments
William Scott Leaman, an Attorney with the team at Diaz Anselmo & Associates, examines an Ohio Appellate Court ruling where a judgment of foreclosure was granted in favor of a [...]
Is Operational Efficiency the Key to AI Adoption?
A variety of lenders were surveyed for a new Fannie Mae study, which found that lenders cited operational efficiency as the primary motivation for AI and machine learning adoption. Source: [...]
How COVID-19 Reshaped the U.S. Housing Market
The long-term impact of COVID-19 and the growing trend of remote work still impact the market today. A new study from Bright MLS revealed how low mortgage rates and increased [...]
CFPB Announces New Advisory Committee Appointments
Bureau appoints 22 new members to represent various districts of the Federal Reserve System, each member a recommendation by a President of a Federal Reserve Bank. Source: DS News
Congress Extends National Flood Insurance Program
Narrowly avoiding cancelation and a total government shutdown, last-minute bipartisan legislation was passed calling for the continued funding of the NFIP for an additional 45 days through mid-November. Source: DS [...]