While home equity levels remained relatively flat, equity rich properties now make up 48% of all mortgaged properties.
Read More »Webinar Spotlight: Insights Into Vendor Relationships, Data & Tech
Tune in to the Five Star Webinar Series for exclusive complimentary webinars, featuring subject-matter experts delving into topics such as servicing tech, consumer data, and vendor relationships.
Read More »Nominal Interest Rate up 25pts
The Federal Open Market Committee moved to raise the nominal interest rate by 25 points to a range of 4.50-4.75% at the end of its February meeting.
Read More »5.8 Million Opened First-Ever Lines of Credit in 2021
New-to-credit consumers on the rise, with credit cards being the most common option.
Read More »FHA-Insured Mortgage Loss Mitigation Plans Extended
Pandemic-era loss mitigation plans have been expanded and extended by the FHA going forward. Click through to find out what that means for borrowers and servicers alike.
Read More »The Average Home Seller Nets Over $110K in Profit
Both raw profits and return on investment have improved nationwide for 11 straight years, shooting up again in 2022 as the national median home price increased 10% to $330,000—another annual record.
Read More »Better Days Ahead?
Some of the pain the mortgage industry is experiencing is self-inflicted and can be corrected, as Louis Zitting of MonitorBase explains there is still time to pivot, salvage what’s left, and develop a path forward to experience success.
Read More »Can Technology Bridge the Gap Between Buyers, Sellers and Funds?
The widespread, pandemic-driven move to digital solutions is a change that is likely here to stay, according to CoreLogic experts. A new report revealed just how the homebuying process is evolving.
Read More »Navigating Stormy Seas
A panel of experts assembled by MReport provides their expert insights and perspectives into what 2023 may bring to the housing market, and whether a market correction is on the horizon.
Read More »FHA to Assist HECM Borrowers Impacted by Pandemic
A new repayment plan will allow mortgage servicers to offer homeowners impacted by COVID-19 up to five years to repay past-due property charges.
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