Court Decision Vacated Over Debt Collection Practices
Multiple courts throughout the United States are addressing claims brought against debt collectors for alleged violations of § 1692c(b) of the Fair Debt Collections Practices Act…
Day: December 2, 2021
Mr. Cooper Sells Reverse Servicing Portfolio
Previously operating under the Champion Mortgage brand, Mr. Cooper Group has completed the sale of its reverse portfolio to Mortgage Assets Management, LLC and its…
Inventory Finds New Low in November
If you thought the housing supply hit rock bottom in February, you thought wrong. According to a new report from Redfin, the number of homes available for sale fell…
Case-Shiller: Home Price Appreciation Slowed Somewhat in September
U.S. home prices increased 1.2% on an adjusted basis in September compared with August and were up 19.5% compared with September 2020, according to the…
Bipartisan MI Bill Introduced to Provide Relief to Middle-Class
Reps. Ron Kind and Vern Buchanan announce legislation to provide financial assistance to middle-class homebuyers. The post Bipartisan MI Bill Introduced to Provide Relief to…
Fannie Mae Completes Final Credit Insurance Risk Transfer Transaction of 2021
Fannie Mae has completed its final Credit Insurance Risk Transfer (CIRT) transaction of 2021. CIRT 2021-2 covers $30.7 billion in unpaid principal balance (UPB) of…
Mortgage Lending Sees Fast Dip During Q3 2021, ATTOM Reports
ATTOM has released its third-quarter 2021 U.S. Residential Property Mortgage Origination Report, which shows that 3.59 million mortgages secured by residential property (1 to 4…