As most servicers are well aware, the Consumer Financial Protection Bureau recently issued new proposed servicing rules essentially overhauling the existing loss mitigation process.
Tag: Asurity
Asurity’s Diane Jenkins: Buydowns Gain Traction as Borrowers Look for Affordable Payment Options
The higher interest rate environment has given rise to a renewed interest in the use of temporary buydowns to help borrowers lower their initial monthly mortgage payments.
Asurity’s Diane Jenkins: Hello Old Friend – Why Assumptions Are Making a Comeback
It’s no secret that mortgage lenders have seen a sharp decrease in origination volumes over the past two years. Higher interest rates coupled with a shortage in housing inventory translate into a market environment where origination volumes are likely to remain depressed for the near future.