The U.S. foreclosure inventory as of the end of the first quarter was at its highest level in six years, with over three quarters of the nation’s metro areas reporting higher rates, Cotality’s latest Loan Performance Indicators report disclosed. Processing Content The foreclosure inventory rate rose for the first time in 15 months, with both […]
Foreclosure inventory rises in 1Q to six-year high Read More »
Rate has launched a pilot in which it will use automated analyses of loan data to determine whether certain refinances can be originated without a lender’s title insurance policy. Processing Content The EnTitled program, available in 23 states, appears to be in line with Fannie Mae’s test of insurance waivers. Refinance loans in the program
Rate may allow some refinance loans to skip title policies Read More »
Bloomberg News Processing Content Key insight: As concerns about inflation take center stage for other monetary policymakers, Bowman’s perspective shows that some Fed officials are still willing to consider rate cuts in the near future. Expert quote: “It is appropriate to look through temporarily elevated inflation readings largely due to higher energy prices, provided that
Fed’s Bowman willing to look through war-driven inflation bump Read More »