Author name: Ricky Vasquez

Servicers: Fannie Mae replatforming some workout functions

Fannie Mae has announced plans to discontinue use of a platform used to handle certain distressed mortgage processes and is directing mortgage professionals using it to take certain steps in response. Servicers must leave the HomeSaver Solutions Network, which is utilized for loan workout reporting functions, and transition to a broader platform Fannie provides to […]

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Title insurers’ rising premiums ends two-year slide

The title insurance industry began its recovery last year from its massive skid at the end of the refinance boom.  Companies generated $16.2 billion in title insurance premiums in 2024, a 7% annual increase, the American Land Title Association reported Thursday. The positive momentum follows year-over-year premiums written declining 31% in 2023 and 16% in

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