Dimont & Associates has released a white paper titled “The Power of Integrated Claims & Conveyance Services” which deals with the struggles mortgage servicers face when working with properties purchased with Federal Housing Administration (FHA) loans.
According to the Dallas-based company, the white paper discusses the factors which drive up the costs faced by servicers on non-performing FHA loans. It also offers advice on managing loans from the point of property inspection through to the filing of the FHA claim. The white paper is available for free through the Dimont website.
“The white paper shows a way to simplify the property conveyance process, reducing costly errors and speeding up the way the process is completed,” said Denis Brosnan, CEO and president of Dimont.
Realtor.com reported Thursday that the median rent price hit $1,827 in April.
The relentless rise in the cost of rent continued in April with the 14th consecutive month of record setting prices.
Realtor.com reported Thursday that the median rent price hit $1,827 in April, highlighting the affordability struggles reported by renters.
“April data illu...
ARM loans might be a saving grace to borrowers who recently purchased a home, but it comes with risks.
According to a new report by Redfin, the typical homebuyer could save an estimated $15,582 over five years, or roughly $260 per month, by taking out an adjustable-rate mortgage. That’s the largest savings in dollar volume for adjustable-rate mortgage (ARM) holders since at l...
The letter cites rapidly rising interest rates, rising home prices and rents, and the rising cost of lumber and building materials for significantly decreasing housing affordability.