Mortgage Professional America, Aug. 23, 2023–Tony CantuJD Power has long conducted satisfaction studies on various products and industries. The consumer intelligence company has now zeroed in on mortgage servicers, in …
Category: Top National News
Mortgage Servicers – What’s Worrying Clients?
Mortgage Professional America, Aug. 23, 2023–Tony CantuJD Power has long conducted satisfaction studies on various products and industries. The consumer intelligence company has now zeroed in on mortgage servicers, in …
Credit Suisse Drops Real-Estate Fund IPO Plan
The Wall Street Journal, Aug. 24, 2023-Adrià Calatayud (subscription)Credit Suisse said it has abandoned its plan to launch an initial public offering for its Credit Suisse 1a Immo PK real-estate …
It May be Time for Investors to Bail on Their Housing Properties
Miami Herald, Aug. 28, 2023–Lew SichelmanSmall-time investors who flocked to the housing market in recent years have done well. But it’s now time to sell, says a top housing economist.https://www.miamiherald.com/news/business/real-estate-news/article278570389.html#storylink=cpy
Americans Are Bailing on Their Home Insurance
The Wall Street Journal, Aug. 28, 2023–Veronica Dagher (subscription)Homeowners are increasingly forgoing home insurance, gambling that the likelihood of a disaster isn’t high enough to justify the cost of a …
Here’s How Much Debt the Average American Has in 2023
Money Magazine, Aug. 28, 2023–Mary Ellen CagnassolaAmericans have less personal debt than they did before the pandemic. Research from financial services company Northwestern Mutual found that excluding mortgages, the average …
A Looming Insurance Shock Spells Trouble for Housing Markets in Florida and California
Fortune, Aug. 18, 2023-Alena Botros (subscription)Home insurers are pulling out of California and Florida, at what feels like, alarming rates.https://fortune.com/2023/08/18/housing-market-home-insurance-shock-spells-trouble-for-florida-and-california/
Housing Agencies Offer Relief Amid Hawaii’s Wildfires
National Mortgage News, Aug. 16, 2023–Bonnie Sinnock (subscription)The Department of Housing and Urban Development, Fannie Mae and Freddie Mac have announced ways borrowers affected by Hawaii’s wildfires can get help …
Cook County Loses Appeal of Lawsuit Against BofA
Inside Mortgage Finance, Aug. 17, 2023–Brandon Ivey (subscription)An effort by Cook County, Ill., to hold Bank of America accountable for vacant properties and lost tax revenue failed again Wednesday.https://www.insidemortgagefinance.com/articles/228658-cook-county-loses-appeal-of-lawsuit-against-bofa?
Why Fewer Credit Reports Could Mean More Complexity for Mortgages
National Mortgage News, Aug. 17, 2023–Bonnie Sinnock (subscription)The Federal Housing Finance Agency’s proposed timeline for a long-awaited update to mortgage credit reporting and scoring starts with what looks like a …