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Loss Mitigation

FHA to Enhance Its 203(k) Rehab Program

Proposed changes to the 203(k) Rehabilitation Mortgage Insurance Program have been drafted to expand FHA-insured mortgage financing for the purchase or refinance of single-family homes in need of repair or rehabilitation.

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Managing Today’s Tech Trends in Mortgage Servicing

MortgagePoint had the opportunity to chat with Gagan Sharma, Founder and CEO of BSI Financial Inc., to discuss the evolution of technology in the servicing space, as AI, machine learning, and other advances become more commonplace in the borrower experience.

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Cenlar Appoints Two New Execs

The addition of Jay Hackney as new VP of Transfer Ops and the promotion of Allyson Kiesel to VP of Issues and Enterprise Change Management are the latest moves to bolster the executive team of the mortgage subservicer.

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Inventory Inches Up as New Listings Soften

"October had some encouraging signs—especially compared to a year ago," said Nick Bailey, President and CEO of RE/MAX. "Given the interest rate environment, it was good to see the trend of monthly inventory gains continuing, and prices appear to be stabilizing for the moment.”

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Cenlar Appoints Five New Leaders

In a move to exemplify the best qualities of their company and workforce, Cenlar has named two new directors and three leaders in the upper echelons of its inner workings.

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