Author name: Ricky Vasquez

Taking advantage of falling interest rates, largely spurred by narrowing primary-secondary spreads resulting from a White House pronouncement, consumers stepped up rate lock activity, while lenders added products in January, separate reports noted. Processing Content On Jan. 8, Pres. Trump ordered Fannie Mae and Freddie Mac to purchase $200 billion of mortgage-backed securities. This came […]

When a borrower leaves a property, voluntarily or through foreclosure, the asset’s risk profile changes immediately. For housing financers and mortgage lenders, a vacant home is not simply a pause in revenue. It represents an active liability that requires aggressive management to prevent significant financial loss. Processing Content Understanding the specific risks associated with vacant

Anywhere Real State suffered a data breach in August that affected 17,429, the company notified impacted customers. Processing Content A notorious ransomware and extortion gang known as Clop gained access to the company’s Oracle E-Business Suite environment and viewed or copied sensitive customer data, according to a notice with the Office of the Maine Attorney