FHA Revises Loss-Mitigation Waterfall in Updated Mortgage Servicing Guidance
FHA extends COVID-19 recovery options to assist stakeholders with new loss mitigation and claims requirements, providing essential time for adjustment.
RE/MAX Reports 13.3% Increase in Year-Over-Year Home Sales
New listings increased by 7.5% compared to last year, indicating potential growth opportunities in the housing market for private lenders.
GSEs postpone implementation of proposed ‘bi-merge’ credit transition.
The GSEs confirmed their transition timeline aligns with the retirement of the Classic FICO model, impacting private lenders and credit evaluations moving forward.
A&D Mortgage Purchases Mr. Cooper’s Wholesale and Correspondent Divisions
Mr. Cooper employees affected by transitions will have a chance to join A&D Mortgage post-transaction, fostering talent continuity in the mortgage sector.
Supreme Court Rules Against TikTok, Affirms U.S. Ban Enforcement
The Supreme Court's ruling allows a TikTok ban to proceed, impacting ByteDance's ownership. This decision could influence technology lending landscapes and investments.
Southern Nevada Real Estate Outlook: Predictions for the Coming Years
Explore the promising landscape of the Southern Nevada real estate market, revealing new opportunities for private lenders amidst changing economic conditions.
Biden Administration Files Lawsuit Against Greystar in Real Estate Sector
FTC sues Greystar for misleading tenants with undisclosed fees, driving rents beyond advertised prices. Implications for rental market transparency examined.
Enhancing Primary Market Origination through Third-Party Resources at SitusAMC
SitusAMC provides comprehensive solutions for lenders and investors, streamlining the loan lifecycle from processing to servicing with expert guidance and digital tools.
MoxiWorks secures funding and appoints new Chief Revenue Officer.
Real estate technology company secures new funding from its ownership group, including Vector Capital and Howard Hanna, enhancing innovation and growth potential.
HUD Nominee Plans to Optimize Budget If Confirmed
Scott Turner faced scrutiny during his Senate confirmation hearing, highlighting his potential priorities and approach as he aims to lead HUD.