Author name: Ricky Vasquez

Flood zones no longer mark the boundary of storm risk. As weather patterns intensify, servicers are getting ahead of it, reaching clients before disaster strikes and building plans for forbearances, inspections, and insurance claims. Processing Content “Make sure there’s educational materials internally and externally so the worst possible scenario is planned for,” said Jane Mason, […]

PennyMac Financial Services on Wednesday reported second-quarter 2026 net income of $22 million, down 84% from a year earlier and sharply lower than its first-quarter net income of $82.3 million, as higher interest rates reduced mortgage production volume and weighed on profitability. The company’s weaker quarter came in tandem with layoffs by the Westlake Village,

CoStar Group reported an 18% year-over-year revenue increase for the second quarter ended June 30 — reaching $925 million compared to $781 million in the same period last year. Leaders said growth was driven by major technological expansions, increased platform engagement and significant operational efficiency across residential and commercial and real estate marketplaces. The real