|
|
  NS3: Fannie Mae exec outlines economic statusMonday, September 21, 2020 At the 2020 National Settlement Services Summit (NS3), Fannie Mae Senior Vice President and Chief Economist Doug Duncan made a very informative presentation/ He shared with the virtual audience his thoughts on the current economic environment, including the effects of COVID-19, and his forecast for 2021. Read on for more of Duncan’s conversation with the NS3 attendees.
 AI seeking diversity expansion, combatting alleged biasMonday, September 21, 2020 As the nation continues reflecting on important matters of racial justice, the Appraisal Institute (AI) reiterated its efforts regarding certain subject matters. AI is looking to expand opportunities for aspiring appraisers and help combat alleged bias in valuation. Read on to learn more and hear from AI President Jefferson L. Sherman about these topics.
 Black Knight makes another acquisitionMonday, September 21, 2020 There is another key industry purchase to announce. A month after announcing an acquisition of Optimal Blue for nearly $2 billion, Black Knight, Inc. was back in the buying mode. Read on to find out what the company’s recent purchase was.
 CoreLogic rejects second acquisition bid Monday, September 21, 2020 CoreLogic confirmed that it had received a revised unsolicited proposal from Senator Investment Group LP and Cannae Holdings Inc. on Sept. 14 to acquire all outstanding common shares of CoreLogic for $66.00 per share in cash, a $1 increase per share from the original proposal. But the very next day after receiving the revised figure, CoreLogic rejected the companies’ offer again. Read on to learn the latest.
Appraisal firm introduces new staff memberMonday, September 21, 2020 North by Northwest Consulting, Inc., a North Carolina-based firm consisting of certified appraisers meeting commercial and eminent domain valuation requirement needs, has brought a new person to the team. Read on to learn more.
NAR: Housing market in V-shaped recoveryMonday, September 21, 2020 Pending home sales in July achieved another month of positive contract activity, marking three consecutive months of growth, according to the National Association of Realtors (NAR). Each of the four major regions saw gains in both month-over-month and year-over-year pending home sales transactions.
Digital platform adds underwriting, closing services Monday, September 21, 2020 Digital mortgage platform Maxwell has added underwriting and closing services to the Maxwell Fulfillment Platform, enhancing the company’s comprehensive suite of technology and outsourced services for small and midsize lenders. Read on to learn more.
 CoreLogic reports serious delinquencies spike for June Wednesday, September 16, 2020 CoreLogic released its monthly Loan Performance Insights Report for June 2020. On a national level, 7.1 percent of mortgages were in some stage of delinquency (30 days or more past due, including those in foreclosure). This represents a 3.1 percentage point increase in the overall delinquency rate compared with June 2019, when it was 4 percent. Read on to learn more.
 Zillow: Consumers want new expectations to be metWednesday, September 16, 2020 At the 2020 National Settlement Services Summit (NS3), keynote speaker Ryan Berry of Zillow addressed the transaction process and how customer expectations have changed. He also talked about how COVID-19 has accelerated the need for technological adoption as well as industry commitment to meeting these new expectations. Read on for more from Berry’s presentation.
 Federal agencies extend moratoriums through 2020Wednesday, September 16, 2020 The federal housing agencies announced that they would extend moratoriums on foreclosures and evictions through at least the end of 2020. Fannie Mae, Freddie Mac and the Federal Housing Administration (FHA) announced that all loans which are backed or guaranteed by their agencies would extend the moratoriums, which were scheduled to expire Aug. 31. Read on to learn more.
Ellie Mae: Millennial purchase market risesWednesday, September 16, 2020 Despite tight housing inventory across the country, millennial purchase activity continued to rise in July, according to the latest Ellie Mae Millennial Tracker. Read on for more of the numbers.
NAR letter to FHFA addresses capital standardsWednesday, September 16, 2020 The National Association of Realtors (NAR) sent a letter to the Federal Housing Finance Agency (FHFA), commenting on its proposed rule regarding capital standards at Fannie Mae and Freddie Mac. Read on for more contents from the NAR letter.
|
|