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Housing Stock and Affordability

Home values

A new working paper published by the FHFA gives insights into how much housing stock is affordable to households with different incomes using the available metrics to gauge this comparison. Here’s what it found.

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First American Launches equiRisk

First American Mortgage Solutions have announced the launch of equiRisk for home equity originations. According to First American, this “unique and user-friendly” data information report optimizes First American’s proprietary data assets to help lenders reduce risk, stay compliant, and accelerate closing to improve the borrower experience.

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MCS Adds New Executives

Mortgage Contracting Service have announced the addition of three new executives to the management team. Ashley Taylor and Bethany Ockerman have been promoted to AVP positions and Len Suazo joins MCS as Corporate Controller.

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Ocwen Assists Nevada’s Hardest Hit Homeowners

Ocwen Financial Corporation, announced that members of the Company’s home retention team will be at an upcoming Nevada Hardest Hit Fund borrower outreach event in Las Vegas to discuss potential loan modification options with families having trouble making their mortgage payments.

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