The right mortgage servicing software supports servicing retention and improves communication, benefiting lenders and borrowers.
Category: News and Trends
Share of Mortgage Loans in Forbearance Remains Flat at 0.70% in December
The Mortgage Bankers Association’s monthly Loan Monitoring Survey revealed the total number of loans now in forbearance remained flat relative to the prior month at 0.70% as of December 31, 2022.
Existing Home Sales Drop 11th Straight Month
Existing home sales fell for the 11th straight month in December, the National Association of Realtors reported Friday—but the news wasn’t all that bad.
People in the News Jan. 24, 2023: Accurate Group Taps Michele Golden as Chief Appraiser
Accurate Group, Cleveland, Ohio, announced Michele Golden joined the company as Chief Appraiser. She will manage the company’s staff appraisers, appraisal compliance and regulatory issues.
Share of Mortgage Loans in Forbearance Remains Flat at 0.70% in December
The Mortgage Bankers Association’s monthly Loan Monitoring Survey revealed the total number of loans now in forbearance remained flat relative to the prior month at 0.70% as of December 31, 2022.
Dean Kelker of SingleSource Property Solutions: Appraisal Modernization and Obstacles to the Profession
Dean Kelker is senior vice president and chief risk officer with SingleSource Property Solutions, Canonsburg, Pa., responsible for managing regulatory, compliance and financial risks. He has more than 30 years of real estate finance experience managing collateral, credit and compliance risks for lenders, credit risks for a mortgage insurer and mortgage default investigations for a due diligence firm.
ULI: Climate Action Grows More Important Despite Economic Challenges
Climate change will be a central theme for the real estate industry this year, more than 50 sustainability experts told the Urban Land Institute, Washington, D.C.
Dealmaker: Berkadia Secures $20M for Iowa Multifamily
Berkadia secured $20 million for District 42 Apartments, a 215-unit mid-rise multifamily property in Sioux City, Iowa.
Sponsored Content from FICS: Mortgage Servicing Software: The Key to Servicing Retention
The right mortgage servicing software supports servicing retention and improves communication, benefiting lenders and borrowers.
Quote: Jan. 24, 2023
“For three consecutive months, the forbearance rate has remained flat–an indicator that we may have reached a floor on further improvements.”
–Marina Walsh, CMB, MBA Vice President of Industry Analysis.