Appraisal Software Now a New Mobile Application
HouseCanary has integrated their appraisal software into a mobile application. HouseCanary Appraiser now allows appraisers to use the software without relying on web browsers. Appraisers can write reports from start-to-finish [...]
Ocwen Sues FIS Over Alleged Inflated Billing
One lawsuit has begat another in California. Ocwen Financial Corp. has alleged that the monitor appointed to review its business practices in the wake of a mortgage servicing settlement ran [...]
Home Prices Hit New Peak
According to new data, home prices have hit a new peak, now reaching $272,000. Eight states and 15 metros also hit new price peaks this year. Washington has seen the [...]
Two Bills that Affect Foreclosure Notices
The Maryland legislature has passed House Bill 26 (HB26) that amends the foreclosure notice provisions contained in Maryland Real Property Article 7-105.2. The legislature in Annapolis also passed House Bill [...]
Inconsistency in the Courts
Applying the U.S. Supreme Court’s Spokeo ruling one way to FDCPA claims and yet another way to RESPA claims, federal courts have loan servicers and litigants guessing as to what [...]
Choosing a Tech Savvy Insurance Vendor
As third-party vendors continue to be an extension of the servicer, it’s imperative that a servicer selects a lender-placed insurance vendor that operates as a partner. There are various elements [...]
Tech Talks: How Technology is Shaping the Industry
As the technology conversation in the mortgage industry heats up, many companies are attempting to meet industry demands and adopt streamlined industry processes. Today’s companies are driven by creativity and [...]
Week Ahead: Update on Economic Conditions in the Beige Book
The Summary of Commentary on Current Economic Conditions by Federal Reserve District, otherwise known as the Beige Book, will be released this Wednesday. The book, released eight times a year, [...]
BofA Capital Buffer Lags Behind
At the close of Q1, Bank of America had fallen behind its peers—at least in terms of its capital buffer. The bank came in last among major financial institutions, with [...]