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The single-family house, located in South Carolina, was sold to an investor for $176,200 last month.
October 18 -
Urban Institute research backed by the Federal Home Loan Bank of San Francisco suggests using rent and utility reporting for this purpose is complicated but has a net benefit.
October 18 -
The development, touted as an industry-first, is the latest move by the government-sponsored enterprises to expand housing opportunities for first-time and underserved homebuyers.
October 18 -
Ramon Richards discusses Fannie's tech roadmap for 2023, retaining tech personnel, and relying on third party vendors
October 18 -
The Detroit-based lender said the program will "accelerate loan purchases" and "eliminate significant costs" for its partners
October 17 -
Loan officers say that the platform discourages them from originating loans.
October 14 -
Sandra Thompson said millennials entering the homebuying market are used to immediacy and more must be done to streamline the homebuying process
October 13 -
Compliance is crucial in light of regulatory attention to mortgage companies' ability to provide continuity of care to distressed borrowers in particular.
October 13 -
The link between digital servicing and marketing automation will disseminate information through efficient means, such as a short video that explains escrow analysis.
October 12 -
The automation is aimed at ensuring compliance-sensitive information gets transferred with an audit trail in an active MSR market.
October 11