Subject Root Tag

Depreciation risk in parts of New Jersey, Illinois and California is growing, according to a first quarter analysis by Attom Data Solutions.

As fewer mortgage borrowers remain impacted by the COVID-19 pandemic, the subservicer elected to reduce the capacity it added over the past two years.

The conflicting analyses of automated valuation models highlight a challenge lenders could face in deciding whether to use them to determine racial disparities in home evaluations.

Many cities with higher shares of list price drops also appeared on a list of the most overvalued areas in the country.

Contract closings decreased 3.4% in May from the prior month to an annualized 5.41 million, the weakest since June 2020, figures from the National Association of Realtors showed Tuesday.

The data breach, which occurred over a two-day period last December, is the largest disclosure by a mortgage lender this year.

Without a rule standardizing data sharing standards, the Consumer Financial Protection Bureau risks the creation of a patchwork system of privacy standards as consumers seek the benefits of an open banking ecosystem.

The insurer’s stock has consistently been above its initial $19-per-share price, unlike those of the mortgage originators who recently went public.

While compliance specialists will be in demand, loan producers will see their roles change to encompass responsibilities that include more marketing and client development.

Property prices could contract an annual 5% by the middle of next year, a senior property economist, said in a research note Monday. He’d previously projected no change in values by that time.

Also, Notarize announces layoff, Lower reveals a cyberattack and M&A activity heats up.

The mortgage REIT announced its name change in conjunction with the internalization of management activities.

Industry experts discuss evolving strategies in the hot MSR market as risks related to prepayments decline but concerns around credit and housing finance firms’ liquidity grow.

The director of the Consumer Financial Protection Bureau said he plans to take a fresh look at the Qualified Mortgage rule, the CARD Act and other long-standing rules.

The S&P Supercomposite Homedbuilders Index dropped 16% this week as investors grow concerned over a recession and surging mortgage rates.

The agency eased rules regarding delinquency thresholds and reporting regulations through the end of June 2023.

The Minnesota woman altered documents and failed to file documents as promised in cheating multiple investors between 2018 and 2020.

The president acknowledged that aides warned about the inflation risks of his relief package at the beginning of the year, but insists he won't soften stance on Russia as Americans are worried about economic downturn.

But even with bidding wars on the decline and inventory increasing, listing prices continue to creep up.

In response to a raft of recent data breaches, mortgage lenders are implementing a number of measures to protect their clients and themselves.