While traditional credit reports remain a strong indication of past financial reliability, a credit report alone doesn’t always provide the full picture of a consumer’s financial profile.
Read More »Using Mortgage Reserves to Help Narrow the Black-White Homeownership Gap
New research from FHLBank San Francisco and the Urban Institute investigates ways to reduce mortgage default risk by utilizing mortgage reserve accounts that could help homeowners overcome temporary hardships, which would mainly benefit Black families, who are more than twice as likely as white families to lose their home to foreclosure.
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 »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.
Read More »Webinar Spotlight: Insights on Digital Mortgages, Due Diligence & More
Click through to revisit this year's lineup of the Five Star Webinar Series, featuring subject-matter experts delving into the trends and challenges that have defined 2022.
Read More »Homeownership: Asset That ‘Keeps on Giving’
Price jumps that helped sellers earn big profits also led to equity improvements not seen in years, according to analysts.
Read More »Opting for Optimization in Mortgage Lending
Fintech innovations have the potential to transform and streamline business processes for lenders. But first, they have to embrace them. Editor's Note: This article originally appeared in the August issue of MReport, out now.
Read More »Brady & Kosofsky Receives Two Compliance Audits Certifications
Matthews, North Carolina-based full service real estate title, REO, loss mitigation and closing law firm Brady & Kosofsky PA has announced it received two certifications as a result of recent service auditor's reviews.
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