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Foreclosures Hit The Lowest Rate In Over Two Decades

The foreclosure inventory rate was 0.2% in June 2021 — the lowest foreclosure rate since CoreLogic began recording data in 1999.

Analysis and Data
New York Community Bank Creates Groundbreaking Digital Payment Process

Now Figure Technologies Inc. can conduct real-time secondary trading in digital shares of its stock by utilizing Figure’s alternative trading system (ATS) that operates on Provenance Blockchain.

Tech
Will Remote Work Drive Future Housing Demand?

A new report suggests that remote workers are far more likely to move.

Analysis and Data
Biden Nominates McCargo To Lead Ginnie Mae

Currently Serves As Senior Advisor For Housing Finance At HUD

Regulation and Compliance
HECM Endorsements Plummet More Than 14 Percent

Home equity conversion mortgage endorsements plummeted 14.3% in August 2021 to 3,679 loans.

Reverse
MBA Appoints AVP Of Diversity, Equity, & Inclusion

Promotes Amber Lawrence From Position As Associate Director Of Career Development Programs

Industry News
Title Insurance Industry Generated $6.5B In Q2

Continued strength in the purchase market and a strong rebound in the commercial market continue to drive the historic volume in title insurance premiums.

Analysis and Data
Enact Begins Launch Of IPO

Enact Holdings, Inc., a provider of private mortgage insurance through its insurance subsidiaries, commenced an initial public offering of 13,310,400 shares of common stock.

Industry News
FAU Economists Say Consumers Are Better Off Renting

In many parts of the country where prices are skyrocketing, it’s more advantageous for consumers to postpone ownership.

Analysis and Data
Rate Lock Volume Increases In August 2021

Rate lock volume increased by 1.3% in August 2021, according to Black Knight Inc.

Analysis and Data