Loan Archives - Page 22 of 23

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Servicers not ready yet for VA foreclosure relief program – MBA

Shehryar JoyiaMay 7, 2024

The MBA and HPC also urged ongoing meetings with the VA to address outstanding technical and operational details around loss mitigation processes and servicing transfers under VASP. “Frequent and ongoing...

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Was the Fed’s latest statement positive or negative for the mortgage market?

Shehryar JoyiaMay 6, 2024

“I would say that anything is theoretically possible. We learned that lesson when the pandemic started, but I’d say this is an election year and the odds of the Fed...

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Security Home Mortgage merges with Capital Community Bank

Shehryar JoyiaMay 6, 2024

“Today, we bring together two established Utah companies to better serve our clients in the financial services space,” said Matt Field, CCBank’s president and chief financial officer. “CCBank and Security...

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Is the US mortgage market becoming more inclusive?

Shehryar JoyiaMay 6, 2024

Meanwhile, Hispanic buyers accounted for 14% of new mortgages in 2023, up from 12.6% in 2022 and 11% in 2018. Black buyers represented 8.7% last year, barely changed from 8.6%...

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Home equity hits all-time high, fueling second mortgage market

Shehryar JoyiaMay 6, 2024

“Prices, as well as the rate of growth, have remained firm despite rising rates and tightening affordability largely because of the continuing shortage of homes for sale,” the report stated....

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Equifax expands board with former Workday CFO

Shehryar JoyiaMay 6, 2024

Her career spans over two decades in various senior financial roles at prominent tech companies such as VMWare, TIBCO, and Symantec. Larson holds a Bachelor of Business Administration from the...

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How will upcoming NAR changes affect mortgage professionals?

Shehryar JoyiaMay 3, 2024

In a November post for Forbes, Matthew VanFossen, chief executive officer of Absolute Home Mortgage Corp., said consumers may decide that listing agent marketing services are less important – partly...

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Income required to purchase in California metros surges: report

Shehryar JoyiaMay 3, 2024

Hale explained that San Francisco saw its home prices drop enough to offset rising mortgage rates and the income needed to purchase a home decreased. Meanwhile, home price declines in...

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When is the best time of year to sell a home?

Shehryar JoyiaMay 3, 2024

According to the report, the number of sales for single-family homes and condos from 2011 to 2023 for the month of May amounted to 5,360,810, reaching a seller premium of...

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William Raveis acquires real estate company Carson Realty

Shehryar JoyiaMay 3, 2024

SVP/General Manager Southern Region for William Raveis Matt Lane said the addition of CR to its business will help in strengthening its position throughout the Southern region as it adds...