CFPB Report Looks at Potential Wave of Housing Challenges
The Consumer Financial Protection Bureau (CFPB) has issued a report that warns of widespread evictions and foreclosures once federal, state and local pandemic protections come…
Author: mortgage-orb
MBA: Slight Bump in Prevalence of Forbearance Among Borrowers
As of February 21, the total number of loans in forbearance had increased by 1 basis point relative to the week prior, to 5.23% of…
Total Expert Announces Two Executive Hires
Ilene Vogt has joined mortgage CRM software firm Total Expert as chief revenue officer while Rebecca Martin has joined the company as chief marketing officer.…
Credit Plus Announces Five Executive Promotions
Mike Hall has been promoted to chief operating officer; Don Clement has been promoted to EVP, marketing; Michael Crockett has been promoted to EVP, data…
Ramesh Devare: Pandemic Has Redefined the Meaning of Customer Service in Mortgage
PERSON OF THE WEEK: The COVID-19 crisis has had a profound impact on the mortgage industry: Not only have mortgage lenders and servicers had to…
ATTOM: ‘Zombie Properties Remain Pretty Much a Non-Issue’
ATTOM Data Solutions’ first-quarter 2021 Vacant Property and Zombie Foreclosure Report shows that 1.4 million residential properties in the U.S. are vacant, representing 1.5 percent of all…
Redfin: Several Housing Metrics Still Setting Records
According to a new report from Redfin, asking prices of newly listed homes hit a new all-time high of $343,961 on February 21, up 11% from the same…
NAR Pending Home Sales Index Dropped in January
Pending home sales took a step backward in January as inventory constraints continue to hold back prospective buyers, according to the National Association of Realtors.…