The Insurance Crisis is Affecting the Housing Market

Sacramento (Calif.) Appraisal Blog, April 24, 2024–Ryan LundquistInsurance has been a glaring mess in California, and it’s really starting to affect the housing market. Today, I want to share some …

Mortgage Fraud Attempts Surge by More Than One-Third

National Mortgage News, April 25, 2024-Spencer LeeThe number of fraud attempts on mortgage companies leaped by more than one-third between 2022 and 2023, with old methods becoming new again when …

FHFA Releases Q4 2023 National Mortgage Database

National Mortgage Professional, April 29, 2024-Katie JensenThe Federal Housing Finance Agency (FHFA) released its National Mortgage Database (NMDB) as is required by the Housing and Economic Recovery Act of 2008 …

FundingShield: Q1 Wire, Title Fraud Risk Remains High

FundingShield, Newport Beach, Calif., reported that wire and title fraud risk dropped somewhat from record-breaking levels hit in the fourth quarter of 2023, but 48% of loans processed in the quarter still exhibit at least one risk factor.