Industry News

MISMO has released a new standardized servicing dataset — developed with the VA — that aims to modernize and streamline how federal housing agencies and servicers share data

The number of U.S. homebuyers dropped 1.7% to the lowest level on record, aside from the start of the pandemic, amid high housing costs and economic uncertainty, while the number of sellers dropped 0.5% as sellers retreated in response to low buyer demand

Office of Management and Budget official has been nominated by the Trump administration as director of the Consumer Financial Protection Bureau for a five-year term

Home sales and new listings were little changed month-over-month, as Americans continue to grapple with high costs and economic uncertainty

Bringing nearly 20 years of experience to the company’s C-Suite, Von Maharaj will help lead NEXA on the path toward expansion and provide strategic insight to its leadership team

New research from Zillow shows that 53% of all U.S. homes have lost value since last year — the highest share since 2012, the tail end of home value declines after the Great Recession

Proposal outlines a market-driven approach to enhance shareholder value, preserve mortgage affordability, and facilitate a controlled exit from conservatorship

PHH has agreed to sell reverse mortgage servicing rights, comprised of approximately 40,000 Ginnie Mae HECM loans, with an unpaid principal balance of $9.6 billion, as PHH becomes the subservicer for the reverse MSRs under a three-year agreement

Following a 40-plus-year career with the home builder, Jon Jaffe is set to retire and be replaced by Stuart Miller, who will continue to serve as executive chairman and CEO of Lennar