The Week Ahead: Bringing Together Law Firms and Mortgage Servicers
This week, the Five Star Institute will host various default servicing industry experts at the 2019 Legal League 100 Spring Servicer Summit. Here's what else is happening in the Week [...]
The Digital Mortgage Revolution: Servicing Challenges to Implementation
While new technologies can help streamline and improve processes, implementation isn't always easy. Here are some of the primary challenges, and how servicers can address them. The post The Digital [...]
Tackling Foreclosure Challenges in Motor City
Detroit saw a record low number of homes at tax foreclosure auction in 2018. Here's how relief efforts are keeping homeowners in their homes. The post Tackling Foreclosure Challenges in [...]
Minimizing Disaster Impact on Defaults When Tornadoes Strike
Disruption to income from natural disasters including tornadoes can lead to delinquencies and increased risk of foreclosure. Here’s how technology is helping better anticipate and respond to challenges after a [...]
Redfin Mortgage Expands to Florida, Maryland and Tennessee
Redfin Mortgage, LLC is now offering loans to homebuyers in Florida, Maryland and Tennessee. Redfin Mortgage offers fixed- and adjustable-rate conforming mortgages as well as jumbo loans for higher-priced homes [...]
The Industry Pulse: Updates on the FHFA, Freedom Mortgage Corporation, and More
From key hires and industry awards to new technologies, catch the latest happenings in the industry in this update. The post The Industry Pulse: Updates on the FHFA, Freedom Mortgage [...]
The Risks and Rewards of ARMs
Adjustable-rate mortgages are regain popularity, but borrowers who don't understand the risks could end up forced into default or foreclosure. The post The Risks and Rewards of ARMs appeared first [...]
Re-Evaluating the Traditional Appraisal
A recent study takes a look at how the traditional appraisal and the automated valuation model needs to be altered when predicting defaults and more if the manual appraisal threshold [...]
Obligations Fulfilled for Goldman Sachs’ Mortgage-Backed Securities Settlements
Goldman Sachs successfully completed about 77% of the $1.8 billion in consumer relief it is obligated to provide under its two mortgage-backed securities settlements with the U.S. Department of Justice and [...]