Douglas S. Ashe has been named chief executive officer of AssetLink LP, a real-estate-owned/asset management company, and executive vice president of business development and strategic planning for ServiceLink, AssetLink's parent company.ServiceLink is a centralized loan closing management company headquartered in Aliquippa, Pa. AssetLink said Mr. Ashe is a nationally recognized authority in the REO industry who has been president of Clayton National Inc., a third-party special servicer, and of Prudential Asset Recovery, a third-party residential REO management company. He will report to ServiceLink CEO Jeff Coury, and Ken Westfall will remain president of AssetLink. "ServiceLink redefined the settlement services industry in a very short period of time, and AssetLink has set out to do the same in the REO business," Mr. Ashe said. AssetLink can be found online at http://www.assetlinklp.com.
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After home equity surged in 2023, average gains slowed last year before falling into negative territory over the past 12 months, Cotality said.
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For 2026, the mortgage industry operating environment will improve, while nonbank financial metrics should be within Fitch's rating criteria sensitivities.
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The executive order described state legislation on artificial intelligence as a cumbersome patchwork, and pledged to develop a national framework.
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The Department of Housing and Urban Development announced the FHA-insured loan caps for low- and high-cost areas, which are set based on conforming loan limits.
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The new monthly reporting rule lists improved accuracy and timeliness of MBS payments among its goals, with implementation planned for February 2026.
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Treasury Secretary Bessent said FSOC is readjusting its approach to avoid stifling growth in moves with implications for capital, technology and mortgages.
December 11





