CFPB: Final Ruling on Home Mortgage Disclosure Act
The Consumer Financial Protection Bureau (CFPB) has issued a final ruling on its amendment to Regulation B of the Home Mortgage Disclosure Act, with the intention to assist with compliance [...]
Altisource Welcomes New VP, Head of Valuations
Altisource Portfolio Solutions, a service provider for the real estate and mortgage industries, announced Thursday the addition of a new VP to grow the company’s valuations business and an expansion [...]
Continuing Hurricane Season Devastating U.S. Housing Market
Hurricane Maria, the third hurricane to make landfall on U.S. territory, has ravaged Puerto Rico, leaving 21 out of 22 total weather stations without power. The storm's intensity has been [...]
National Foreclosure Rate Remains Stagnant Despite Disasters
According to Black Knight’s August Mortgage Data Report, national delinquency rates barely moved compared to July’s figures; however, delinquency rates in areas impacted by Hurricane Harvey rose 16 percent. Black [...]
Legal League 100: Professionalism Brings Success
Celebrating a decade of representing financial-services law firms and over 120 members, Legal League 100 met Wednesday for their Fall Summit. Five Star President and CEO attributed this success to [...]
Veros Introduces UCD-compliant Solution
Veros Real Estate Solutions, a Santa Ana, California-based technology provider, announced Wednesday a new solution that satisfies the GSEs’ Uniform Closing Dataset requirements, which go into effect next week. “We [...]
FHA Loans Could Lead to Portfolio Growth for Servicers
Altisource recently released its inaugural Default Servicing Survey, which pooled over 200 servicing professionals, which showed that industry experts believed that FHA and VA loans in their respective portfolios would [...]
Mr. Cooper Supporting Customers Affected by Harvey and Irma
In the aftermath of a natural disaster, the dream of homeownership is shaken as people face the challenge of rebuilding their homes and their lives. But in the face of [...]
Five Star Conference: Where Business Gets Done
The Five Star Conference Expo Hall opened Tuesday morning, bringing lenders, servicers, and a number of other mortgage professionals under one roof. Include, the 2017 conference theme, was a topic [...]