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The real estate franchisor will retain its full ownership in the title agency, escrow and settlement services business.

However, economic data points to likely future increases, with investors awaiting numbers from upcoming jobs report.

The debt crisis engulfing China's property market intensified as another developer defaulted on its bonds and a rival saw its credit score slashed.

Other providers like DocMagic and SimpleNexus offer similar services to originators who have yet to adopt the technology in substantial numbers.

Common Securitization Solutions has disbanded a group of independent board members originally brought on in early 2020 to look into using the government-sponsored enterprises’ platform to serve a broader market.

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The purchase of home, mortgage and title assets for roughly $471 million in cash allows the buyer to expand into Houston, Dallas and San Antonio and increase its presence in Austin.

Refinancing volume dropped to its lowest level in three months, while purchases also decreased in number.

Industry professionals share their experiences of racism and sexism on the job and offer the best ways to help eliminate it.

The agreement with affiliate partner ForumPay would allow buyers to convert digital assets at a fixed rate and transfer them directly into escrow.

The change could reduce the workout activity expected to spike around what had been final cut-off dates set for this fall.

Appreciation more than tripled the year-ago rate, according to CoreLogic.

The organizations have created the Racial Equity Accelerator for Homeownership, a two-year incubator for the development of innovations to address racial inequality in wealth and housing.

The GSE comes to market with a pool that is less volatile than average Freddie Mac pass-through deals, plus below-average amortization.

The combined companies will have over 6,500 clients for its services.

Housing will still be a priority of the Consumer Financial Protection Bureau, but newly confirmed Director Rohit Chopra is also expected to investigate discrimination in the Paycheck Protection Program and bias in AI-powered lending algorithms.

With COVID-19 protections about to end for thousands, more distressed borrowers are opting for deferral as they exit their plans.

While record price appreciation led to trillions of dollars in equity, forborne borrowers still face the risk of losing their properties, according to Black Knight.

There is $900 million in debt on the land alone, including the $150 million junior loan that is for sale by Jones Lang LaSalle.

Non-depositories in the business also will have to submit annual reports and retain records for four years after they stop servicing the loan.