Court Decision Vacated Over Debt Collection Practices
Multiple courts throughout the United States are addressing claims brought against debt collectors for alleged violations of § 1692c(b) of the Fair Debt Collections Practices Act…
Author: DS News
Mr. Cooper Sells Reverse Servicing Portfolio
Previously operating under the Champion Mortgage brand, Mr. Cooper Group has completed the sale of its reverse portfolio to Mortgage Assets Management, LLC and its…
Inventory Finds New Low in November
If you thought the housing supply hit rock bottom in February, you thought wrong. According to a new report from Redfin, the number of homes available for sale fell…
Bipartisan MI Bill Introduced to Provide Relief to Middle-Class
Reps. Ron Kind and Vern Buchanan announce legislation to provide financial assistance to middle-class homebuyers. The post Bipartisan MI Bill Introduced to Provide Relief to…
Loan Limits Increased to Keep Up with Appreciation
Due to the drastic increase in real estate prices over the last year, the Federal Housing Administration (FHA) has announced new loan limits for 2022 for its Single Family Title II…
Fannie Mae Names New Finance Leadership
GSE announces changes to its finance leadership structure as Chryssa Halley is named CFO, and Jim Holmberg is promoted to Controller. The post Fannie Mae…
House-Buying Power Exceeds Median House Prices in Most Markets
First American Financial Corporation has released its latest iteration of their Real House Price Index (RHPI) for September which measures the price changes of single-family properties across national, state, and metropolitan areas, which…
Economists Find Millennials Will Drive Housing Market in ’22
As more than 45 million millennials enter the prime first-time buying ages of 26-35, the year 2022 will present several opportunities, despite expected a rise…