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After six weeks of steady declines, the number of mortgages in active forbearance rose by 21,000 last week, according to a new report. Though the raw number increased, the number of all mortgages in active forbearance remained at 6.8%, unchanged

This week the Conference of State Bank Supervisors issued a final proposed prudential standards rule for comment to address their concerns with nonbank servicers. The proposed rule addressed capital, liquidity, governance, policy related to entity survivorship, and more. It’s a

As COVID-19 swept through the U.S., there is one state that has refused to accept remote online notarization laws, even as stay-at-home orders forced many other states to temporarily accept RON. California, the most populated state in the U.S., has

Axia Home Loans, a Washington-based lender with an unusual ownership structure, is looking to break into the ultra-competitive wholesale space. Axia, a 100% employee-owned company helmed by CEO Alexander Rosenblum, launched Unified Reliance Wholesale on Thursday. The division, currently staffed

The U.S. unemployment rate in September hit a six-month low of 7.9%, down half a percentage point from August’s 8.4%, the Labor Department said on Friday. With 1 million people making up that half percentage drop, the department estimates that now 12.6

Texas-based mortgage lender Caliber Home Loans is the latest mortgage firm to ride the IPO wave, filing paperwork to potentially go public this year at a valuation north of $2 billion, according to a new report. The company, owned by

Though he wouldn’t comment on recent reports that he is raising $100 million in capital at a $4 billion valuation, Better.com CEO Vishal Garg had no qualms on Thursday in outlining his vision for an eventual public debut. Garg, a

Nearly two years ago, Ocwen acquired PHH Corporation, and Glen Messina became the president and CEO of the newly combined companies. Today, Ocwen Financial Corporation is a leading non-bank mortgage servicer and originator providing solutions through its primary brands, PHH

Howard Hanna Real Estate Services closed a huge deal late Tuesday, announcing a strategic partnership with Rand Realty, giving the massive independent brokerage a sizable foothold in the booming suburbs of New York City. The financial terms of the deal,

This year has been a numbers game. How low are the rates this week? How long will borrowers be in forbearance? Will the next stimulus bill be enough? The pandemic has created a long list record-breaking figures, but behind all

Altisource Portfolio Solutions, a provider of real estate, mortgage and foreclosure services, said it has expanded its Texas operations center to handle the overflow from home-loan servicers trying to cope with customers requesting forbearances. The Luxembourg-based company said it is

The American dream of owning a home remains resilient in Latino communities despite high unemployment, high COVID-19 infection rates, and greater loss or reduction of income compared to non-Hispanic Whites, according to a new survey. The August survey from the

Riddle me this: How can home sales grow when we have no homes to buy? When a monthly home sales print fails to meet expectations the excuse often used is that inventory is too low to meet the demand. But

Realtors can usually count on their biggest season being spring, followed by summer. But nothing about 2020 has been normal, including home-buying patterns. With shut-down orders in the spring, summer became the new home-buying season. However, homebuyers were still incredibly

United Wholesale Mortgage (UWM) announced on Wednesday that it would offer a 50 bps discount on all VA interest rate reduction refinance loans (IRRRL) through Veterans Day on Nov. 11. The company, which is the nation’s largest wholesale lender and

HousingWire spoke to Stewart Title CEO Fred Eppinger about the company’s new focus on growth, recent strategic moves and how it’s reframing the way it does business. HousingWire: What inspired the current brand refresh for Stewart? Fred Eppinger: Stewart was

The American Land Title Association, which represents more than 6,400 title insurance companies, title and settlement agents, independent abstractors, title searchers and real estate attorneys, announced it will hold its ALTA ONE event virtually for the first time. The association

Consumer attitudes have changed significantly since the onset of the pandemic, and companies that are dealing with outdated perspectives — anything before March — are going to find it hard to connect. That’s why we’ve invited Mike Eshelman, head of consumer finance

In August, a group of distinguished climate scientists from the United Kingdom released a report indicating that over 28 trillion tons of ice had melted and disappeared from the earth’s surface since 1994. This is important because it reinforced predictions

The Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency finalized two rules on Tuesday that were initiated in the early days of the COVID-19 pandemic. These

The S&P CoreLogic Case-Shiller index of home prices in 20 U.S. cities gained 3.9% in July from a year ago, the biggest advance since 2018, as rock-bottom mortgage rates made it possible for people to bid higher for properties. The