Settlement | Page 12 | National Mortgage Professional Magazine
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A pair of new reports are offering distinctive views of the housing market’s horizon
Question: As a lender, we use an AMC to order appraisals. If the appraisal that is done comes in at...Read more
The New York Department of Financial Services (DFS) has fined PHH Mortgage Corp. $119,000 for failing to maintain a so-called “zombie” property under the Department’s Vacant and Abandoned Property Law
Sen. Bob Menendez (D-N.J.) is planning to introduce the Preventing Abandoned Foreclosures and...Read more
The national foreclosure inventory in May was 575,000, or 1.13 percent of all U.S. homes, according to the First Look Mortgage Monitor published by Black Knight Financial Services (BKFS)
The national foreclosure inventory in May was 575,000, or 1.13 percent of all U.S. homes, according...Read more
Approximately 117,000 non-foreclosure solutions—including total loan modifications, short sales, deeds in lieu and workout plans—were executed in April, according to new data from HOPE NOW
Approximately 117,000 non-foreclosure solutions—including total loan modifications, short sales,...Read more
Black Knight Financial Services President and CEO Tom Sanzone (left) accepts his honor
Black Knight Financial Services (BKFS) has announced that company president and CEO Tom Sanzone has...Read more
United Wholesale Mortgage (UWM) has announced the launch of a new program enabling consumers to purchase homes with as little as one percent down, making UWM one of the first wholesale mortgage lenders in the country to offer a conventional one percent do
United Wholesale Mortgage (UWM) has introduced a new proprietary Settlement Agent Portal, which...Read more
The first quarter of this year brought a degree of relief to 268,000 homeowners that regained equity in their properties, according to new data from CoreLogic
The first quarter of this year brought a degree of relief to 268,000 homeowners that regained...Read more
More than 5.2 million residential properties were seriously underwater during the first quarter of this year
Housing markets with a higher than normal level of negative equity appear to be heavily...Read more
Now here is something that you don’t see every day: A bank foreclosing on one of its former directors
Now here is something that you don’t see every day: A bank foreclosing on one of its former...Read more
The first quarter of this year saw mortgage servicers arranging 319,000 non-foreclosure solutions for distressed homeowners
The first quarter of this year saw mortgage servicers arranging 319,000 non-foreclosure solutions...Read more