The distressed housing market was recently tested during the housing crash, which created defaults in mortgage loans of unprecedented proportions and a historic surge in the amount of foreclosures. Traditional methods to deal with unpaid loans have been widely used, such as courthouse auctions, the bank real estate owned (REO) process, and the short sale […]
There is plenty still new under the sun. Now is the time to be leveraging technology in the mortgage origination process to reduce cost & time, increase quality & compliance, and create a better experience from start to finish. View this webinar replay and you’ll learn about advanced document capture solutions, data extraction technology and data […]
As winter’s polar vortex gives way to the warmer temperatures of spring, many property owners and default asset managers are turning their attention to pool maintenance. The Association of Pools and Spa Professionals (APSP) estimates that there are over 8 million residential swimming pools in the United States. At the same time, RealtyTrac reports that […]
This white paper is based on a dataset of over 20,000 foreclosure loan files initiated from 2007 through 2013 in one large county in the state of Florida. Our analysis compares law firm timelines in foreclosure cases. The data reveals that foreclosure litigation timelines differ substantially among law firms. This white paper calculates variation in […]
Get digital. Collecting and reviewing mortgage documents is increasingly complex, inefficient and labor intensive — especially when servicing mortgage loans with a nationwide footprint. That’s why eRecording and eSigning, especially in the post-closing, servicing environment, is quickly on the rise. In fact, digital recording and signing is now available in over 1,000 counties nationwide — […]
Buying a new home can be one of the largest and most stressful purchases consumers make in their lives, and refinancing that new home can be equally trying. Getting a mortgage has even been deemed more stressful than finding a new job. Lenders can either add to that stress or make the experience simple and […]
The OCC and CFPB have recently issued new third-party oversight requirements, and they have a big impact on all appraisal operations. Download the white paper with full description of the changes and much more. This white paper includes: Links to all relevant regs Warnings: Fourteen signs you’re not in compliance Easy solutions for compliance, no […]
“[A]s long as the original note is not satisfied and replaced, and there is no additional extension of credit, as we define it, the restructuring is valid and need not meet the constitutional requirements for a new loan.” This phrase at the opening of the Texas Supreme Court’s opinion in Sims v. Carrington Mortgage Services, […]
Business Intelligence and Big Data have changed the mortgage game. So what’s next? Learn about the new compliance paradigm: Process Intelligence. Attend this webinar to see how a BI environment with Process Intelligence uncovers new insights hidden in your data and helps you identify strategic business opportunities and risks. During this webinar, learn how you can […]
During this unique web seminar, we take a look at the economic landscape as it relates to housing and mortgages for the next year — and then we dig into how new Qualified Mortgage regulations may affect this outlook. From there, you’ll learn what you can do to maintain a competitive lending business as QM […]
With the refi market past its peak, it’s crucial that lenders put themselves in the best possible position to close the purchase loans that will become the main source of business for the industry in the coming years. Learn about: What steps you can take to maximize opportunity on each purchase loan How to choose […]
Join HousingWire as we partner in this FREE webinar to get the latest update from the Veros Real Estate Appreciation Forecast, predicting market changes for the coming year. What are the top five markets for value appreciation? What are the bottom five markets? What key market trends should investors be aware of? SPEAKERS: » Jacob […]
The mortgage industry operates more carefully today than ever before in terms of the types of risks it will allow. Credit rules are strict, valuation oversight is high, antifraud measures are taken and new originations are made virtually digital before submission to the major investors. But a danger exists that poses a tremendous risk for […]
This white paper is written for mortgage servicers that manage the lien release process as a final step in processing mortgage loan payoffs. This report covers best practices for managing third party service providers for the processing of lien release documents, with attention to new OCC, CFPB and National Mortgage Settlement requirements.
This paper demonstrates that data-based active management of foreclosures cases can reduce foreclosure timelines and improve portfolio management. Our analysis is based on a dataset of over 50,000 foreclosure loan files from one Florida County. Our empirical findings provide data to establish benchmarks for foreclosure management. These benchmarks document average performance for foreclosure management along a number of […]