The state of New Jersey has amended its Mortgage Stabilization and Relief Act, adding a provision allowing a delinquent borrower to pay nothing during his/her forbearance period. The forbearance period can last up to six months but only becomes effective after a foreclosure action is filed. The law firm of K&L Gates said the amendment is âlooking like a smart economic moveâ in New Jersey...
In 8-minute presentations, tech providers showed how they're utilizing artificial intelligence to automate entire workflows, supercharge capacity and emphasize compliance.
The release of Fannie Mae and Freddie Mac's internal metrics support this process, but other measures will still be needed, according to Bank of America.
New September funding includes a Series A round for agentic platform Kastle and an investment into Celligence's AngelAI, both with natural-language features.
Borrowers hold a total of $17.9 trillion in home equity in the United States, equal to $310,000 per homeowner, according to Cotality.
ICE dropped its post-Dec. 31 SDK access fee as migration lags. Audit plugins, get written confirmation from ICE, budget for dual-running and weigh API-native rivals.
The latest runup alarmed lenders but offered some new servicing opportunities unique to this market that can benefit both sides of the business.
