Mortgages

Those leaving forbearance or other relief plans generally had higher credit utilization rates, were more likely to have mortgages, and experienced lower levels of bank card delinquencies, according to TransUnion.

Lawmakers appeared supportive of Alanna McCargo's nomination at a Senate hearing Thursday. If confirmed, the former Urban Institute vice president would fill a role that has been vacant since 2017.

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.

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.

Take our survey to share your views on how the market will develop in the coming year.

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.

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

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.

In its initial message to the new head of the Consumer Financial Protection Bureau, the Community Home Lenders Association reiterated its call to require depository loan officers to be licensed.

The Federal Housing Administration changes are effective immediately with a mandatory Dec. 31 compliance deadline, according to an information bulletin published Sept. 30.

Both third-party lenders will purchase conforming loans with balances of $625,000 — 14% higher than the current limit — in anticipation of regulators' action.