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Two reports present very different pictures of appraisal bias

National Mortgage
Mortgage Finance
3 years ago

Automated valuations tested on 50 ZIP codes in Chicago yielded no signs of racial bias, even on undervalued properties where,.. Read More;

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LoanCare lays off undisclosed number of workers

National Mortgage
Mortgage Finance
3 years ago

Mortgage subservicer LoanCare conducted a round of layoffs on June 17, as the need to assist borrowers affected by the,.. Read More;

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Price cuts hit the pandemics hottest housing markets: Redfin

National Mortgage
Mortgage Finance
3 years ago

The real estate hot spots during the pandemic are among the metropolitan areas with the largest share of home listing,.. Read More;

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Enacts CEO on recession worries, post-IPO changes and more

National Mortgage
Mortgage Finance
3 years ago

The insurer’s stock has consistently been above its initial $19-per-share price, unlike those of the mortgage originators who recently went,.. Read More;

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Delaying CFPBs data sharing rule will only create more problems down the road

National Mortgage
Mortgage Finance
3 years ago

In 2010, Congress bestowed upon the Consumer Financial Protection Bureau the authority to create an open banking regime in the,.. Read More;

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Flagstar Bank says hack impacted 1.5 million customers

National Mortgage
Mortgage Finance
3 years ago

Flagstar Bank experienced a massive data breach last winter impacting over 1.5 million of its customers, the company reported.In a,.. Read More;

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Sales of previously owned homes fall to an almost two-year low

National Mortgage
Mortgage Finance
3 years ago

Sales of previously owned U.S. homes fell for a fourth month in May, receding to the lowest level in nearly,.. Read More;

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U.S. house prices are likely to drop as rates rise, capital economics says

National Mortgage
Mortgage Finance
3 years ago

U.S. house prices are likely to fall as mortgage rates exceeding 6% crimp affordability for the average buyer, according to Capital Economics.Property,.. Read More;

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How technology will reshape mortgage jobs of the future

National Mortgage
Mortgage Finance
3 years ago

New digital strategies and tech-savvy clientele are requiring companies to change how they approach their work, as automation continues transforming,.. Read More;

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UKGlobal becomes Council of Property Search Organisations partner

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The move sees the firm become a recommended insurance broker for the trade body’s members, providing professional indemnity cover. UKGlobal director,.. Read More;

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Transaction figures show 1.6% increase in May: HMRC

Mortgage Finance Gazette
Mortgage Finance
3 years ago

On a non-seasonally adjusted basis, transactions in May 2022 increased to 100,870, which is 1.6% higher than the previous month,.. Read More;

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Nationwide rolls out faster DIPs with Twenty7Tec partnership

Mortgage Finance Gazette
Mortgage Finance
3 years ago

The new service will see brokers only having to re-key minimal data into the Nationwide for Intermediaries online portal as,.. Read More;

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