Black Knight Financial Services’ Data & Analytics division recently announced its Servicing Analytics Suite, a solution that leverages three Black Knight analytics products to help servicers more easily identify portfolio risk and create effective loss mitigation strategies.
Read More »HouseCanary Announces Valuation and Appraisal Solution
HouseCanary, a provider of modern valuation and appraisal solutions, recently announced the release of its regression modeling program that is built directly into HouseCanary’s appraisal software, allowing residential appraisers to easily make data-driven adjustments.
Read More »Suburbs: Where Americans are Migrating
Politics and affordability are causing Americans to relocate, according to data released Friday by Redfin. In the first half of 2017, 7.4 percent more people moved out of blue (Democratic) counties than to them, while red (Republican) counties experienced a ...
Read More »Financial Committee Passes Regulatory Amendment Bills
The House Financial Services Committee recently passed a number of regulatory relief bills that address alleviating regulatory burdens in the mortgage space. One of the legislations, H.R. 2954, amends the Home Mortgage Disclosure Act of 1975 to exempt a depository ...
Read More »Ocwen Resolutions Rise to 17, Exiting Wholesale Forward Lending
In April 2017, many state business regulators issued regulatory enforcement orders to subsidiaries of Ocwen, but now the company has reached with more than half and has announced the selling off of their wholesale forward lending business.
Read More »JPMorgan Chase Beats Wall Street Revenue Estimates
JPMorgan Chase released its Q3 2017 financial results Thursday morning reporting a net income of $6.7 billion. Take a look at the details of the mega-bank’s results.
Read More »Forward Thinking: Carson on the Future of Housing
Thursday morning, HUD Secretary Ben Carson appeared in front of the full Financial Services Committee for the first time, detailing what his vision is for the future of HUD.
Read More »Deloitte Hack: Fannie and Freddie Not Affected
After Deloitte’s September 25 data breach, it was reported that Fannie Mae and Freddie Mac may have been effective, but according to a Tuesday statement, that concern was reported prematurely.
Read More »CIT Group Sells Reverse Mortgage Operation
In an effort to simplify its operations and become a regional commercial bank, CIT Group Inc., announced it will be selling Financial Freedom and its reverse mortgage portfolio to an unnamed buyer.
Read More »HOPE Program: 10 Years Later
A neighborhood experiment blending low-income housing with middle-class housing has proven itself successful after 10 years, according to residents. Could this neighborhood be the blueprint for future low-income redevelopments?
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