Here's how the industry reacted to the most recent unemployment data from the Department of Labor.
Read More »Mortgage Rates Hit Record Lows
Are the lowest readings since 1971 enough to sway prospective homebuyers?
Read More »Home Sellers Reaping Big Rewards
Q1 2020 also saw the largest jump in median prices since 2013. Click through to read more information.
Read More »DS5: How Servicers Are Utilizing Tech During COVID-19
The latest episode of DS5: Inside the Industry features interviews with William Case, President and Chief Executive Officer of American Mortgage Service Company and Ed DeMarco, President of the Housing Policy Council as they delve into actions by the federal government.
Read More »The Forbearance Chaos is Yet To Come
While millions of borrowers were quickly approved for forbearance on their mortgage loans, what follows could be confusion and chaos, according to some.
Read More »Eye on the Industry: Protecting Finances Amidst COVID-19
Additional reports on the expansion of a mortgage lender in Texas and how one company is using AI to improve mortgage processes.
Read More »Mortgage Lender Found to Have Violated False Claims Act
The U.S. Department of Justice announced a mortgage company agreed to pay more than $15 million to resolve allegations that date back to 2008.
Read More »Mr. Cooper Halts Wholesale Mortgage Lending Operation
The company said it has “increased our focus on our current customers” and that the platform accounted for less than 5% of its total originations volume.
Read More »Pending Home Sales Tumble
The latest drop was attributed to a “coronavirus-induced shutdown.” Click through for more information.
Read More »LL100 Servicer Summit to go Virtual on May 14
In an event that represents the “new normal,” subject-matter experts will discuss all the trends and challenges facing mortgage servicing.
Read More »