The Federal Housing Administration has announced that it has taken steps to streamline its case number assignment process for spot approvals on condo units. Processing Content The streamlining by the Department of Housing and Urban Development unit is designed to further expedite a process which allows mortgage companies to get a case number for loans […]
FHA adds automation for spot approvals on condos Read More »
The change in the rate environment has revived a focus on servicing this year for originators, which may account for some of the current merger and acquisition fervor. Processing Content Not only has the recapture rate nearly doubled since 2023 and has March’s trigger lead ban implementation restricted the ability of outside lenders to compete
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The rapid acceleration of home insurance costs may be approaching an inflection point after growth cooled considerably last year, according to a new report from Rate Cos. Processing Content The average premium increased 9.2% in 2025, rising to $2,205 from $2,020 the prior year, with moderation resulting in the slowest growth pace since 2020. Last
Home insurance rate hikes may be cooling off Read More »