AgentHome Acquires Corinthian Title
AgentHome, a national network of independent title agents, has acquired Corinthian Title Company Inc., a California-based provider of title insurance and escrow services for residential...
ATTOM: Foreclosure Rates Increased Month-Over-Month in May But Are Down From a Year Ago
A total of 32,621 U.S. properties saw foreclosure filings — default notices, scheduled auctions or bank repossessions — in May, an increase of 3%...
Mortgage Originations Dropped 6.8 Percent in Q1 to Lowest Level Since 2000
Roughly 1.28 million mortgages secured by residential property (1 to 4 units) were issued during the first quarter, a 6.8% decrease compared with the...
Homeowners With Mortgages Continue to See Strong Equity Gains
Due to rising home prices, U.S. homeowners with a mortgage gained an average of $28,000 in equity during the past year, according to CoreLogic.
That’s...
FHFA Enhances Flex Modification Policies to Help Borrowers in Forbearance
More mortgage borrowers facing longer-term hardships will be able to achieve meaningful payment reductions as a result of recent enhancements to Fannie Mae and Freddie Mac’s...
ICE: U.S. Home Price Growth Cooled in April
U.S. annual home price growth cooled in April, falling to 5.1% - down from a revised 5.7% in March and down from 6.1% in...
Navigating the Storm: A Tech-Driven Approach to Efficient Claims Processing in the Face of...
BLOG VIEW: Natural disasters are inevitable in the homeowners’ insurance and mortgage loan servicing industries. Moreover, as disasters increase in severity and frequency, property...
Dovenmuehle Mortgage Announces Two Promotions
Anna Krogh has been promoted to senior vice president and director of business development at Dovenmuehle Mortgage Inc., a residential mortgage subservicer.
In addition, Chris...
ATTOM: Zombie Foreclosures Basically Nonexistent in Q2
Due to rising home prices and strong mortgage performance, zombie foreclosures continue to be basically nonexistent, according to ATTOM.
A zombie foreclosure occurs when a...
ICE: Mortgage Delinquencies Near Record Low in April
Mortgage performance remained strong in April as the national delinquency rate fell to 3.09%, a decrease of 3.28% compared with March and down 6.63%...
Mitigate or Delegate: The Pros and Cons of In-House Servicing and Outsourcing
The life of a lender is full of crucial choices that require careful analysis and scenario planning. For mortgage companies, banks, and credit unions,...
Jane Mason: Mortgage Servicers Can Expect Delinquencies and Defaults to Rise This Year
PERSON OF THE WEEK: The COVID-19 pandemic that began in February 2020 resulted in an unusual, intense “boom” in home sales that the housing...
Planet Home Lending Names Bill Shuler Chief Information Officer
Bill Shuler has joined Planet Home Lending, a national mortgage lender, servicer, and asset manager, as executive vice president, chief information officer.
Shuler has more...
MBA: Share of Mortgages in Forbearance ‘Stagnant’ in April at 0.22 Percent
The share of mortgage loans in forbearance remained flat for a fourth straight month at 0.22% as of April 30, according to Mortgage Bankers...
MBA: Mortgage Delinquency Rate Edged Up in Q1
The mortgage delinquency rate for residential properties increased to 3.94% of all loans in the first quarter, up 6 basis points compared with the...
LoanCare Hires David Vida as EVP, Chief Revenue Officer
Mortgage industry veteran David Vida has joined subservicer LoanCare as executive vice president, chief revenue officer.
Vida is a seasoned leader with a robust background...
PIMCO is Winning Bidder on Three Pools of Reperforming Loans Auctioned by Fannie Mae
Pacific Investment Management Company LLC (PIMCO) is the winning bidder on three pools of reperforming mortgage loans recently auctioned by Fannie Mae.
Reperforming loans are...
ATTOM: Foreclosure Activity a ‘Mixed Landscape’ Across the U.S.
There were 31,649 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions — in April, down 4% compared with March...
LERETA Promotes Mitch Bledsoe to Chief Technology Officer
Mitch Bledsoe has been promoted to chief technology officer for LERETA, which provides real estate tax and flood services for mortgage servicers.
Bledsoe, who joined...
Fannie Mae Announces Winner of Latest NPL Sale
VWH Capital Management, a minority- and women-owned business, is the winning bidder on a pool of 1,154 deeply delinquent loans totaling $214.2 million in...