Foreclosure Rate Holds Steady
The end of the government moratorium could lead to a steady increase in default activity for the rest of the year, but not a surge,…
Day: August 10, 2021
Delinquencies: Elevated But Declining
Economists predict “a robust economy and near-zero interest rates” will hold crises related to late mortgage payments at bay. The post Delinquencies: Elevated But Declining…
Become the “Go To” Appraiser in Your Area
Near my office there are two convenience stores but I only ever go to one of them. Really, there isn’t anything terrible about the one…
Sagent and Figure Partner on Blockchain Initiative
New partnership accelerates Sagent’s servicing modernization and Figure’s blockchain presence across consumer finance and housing. The post Sagent and Figure Partner on Blockchain Initiative appeared…
Homeowners’ Renovation Spending Doubled Since 2001
The remodeling industry has responded with shifts in scale and specialization, according to a study by Harvard’s JCHS. The post Homeowners’ Renovation Spending Doubled Since…
First-Time Buyers Find Some Relief in July
An increase in the number of smaller, affordable homes listed in July provided much-needed relief for first-time homebuyers who have been shut out of the…
New Mortgage Origination Platform Debuts for Wholesale Lenders
Floify, a digital mortgage lending technology provider, has released Floify TPO, an automated loan submission platform that directly supports wholesale lenders and their third-party originators.…
Delinquency Rate Fell in May to Lowest Level Since June 2020
CoreLogic’s monthly Loan Performance Insights Report for May 2021 shows that 4.7% of all mortgages in the U.S. were in some stage of delinquency (30…