The Federal Housing Finance Agency released its fourth quarter 2019 Foreclosure Prevention and Refinance Report, which shows Fannie Mae and Freddie Mac completed 25,930 foreclosure prevention actions, bringing to 4.407 million the number of troubled homeowners who have been helped during conservatorships.

ATTOM Data Solutions, Irvine, Calif., said owning a median-priced home in the first quarter– costing $252,500 – consumes 31.1 percent of the national average wage, down from 31.4 percent in the fourth quarter and 31.6 percent a year ago to the lowest percentage since fourth quarter.

In an age of innovation and rising artificial intelligence, are major functions facing commoditization, disintermediation, or automation as synthetic intelligence increases? What will remain after data science advancements improve the efficacy of automation, as consumers increasingly move into a fully digital delivery model?

The pandemic is evolving rapidly, requiring businesses to respond quickly. By this point, most lenders have confirmed employee well-being and transitioned workers to remote environments where possible. For their next move, lenders need to start playing an aggressive game of “what if.”

Evolve Mortgage Services, Frisco, Texas, a provider of outsourced mortgage services, and Pavaso, Plano, Texas, a provider of digital mortgage closing technology, announced the ability to deliver a digital mortgage experience that includes a library of electronic- or e-enabled documents built entirely of Category One SMARTDocs and an eClosing platform that seamlessly supports Remote Online Notarization.

Mortgage applications took a tumble this week as key interest rates jumped to their highest level since January amid increased economic turmoil, the Mortgage Bankers Association reported this morning in its Weekly Mortgage Applications Survey for the week ending March 20.

The Mortgage Action Alliance, the grassroots advocacy arm of the Mortgage Bankers Association, issued a “Call to Action” this week in support of recently introduced legislation that would allow notaries in states without enacted remote online notarization laws to perform RON transactions.