The do’s and don’ts of good credit for Millennials

Are REOs ready for a comeback?

Clear Capital: Increases in distressed, seasonal changes suggest yes

Mortgage application defects keep rising

Michigan, Florida, Texas lead First American application defect index
W S

News

For sale: Babe Ruth’s NYC apartment

The Great Bambino’s home hits market for $1.6M
Interested in owning a little piece of New York Yankees’ history? Well, you’re in luck because you can buy the New York apartment built and once owned by Babe Ruth. The price tag for the “home that Ruth Built” on the Upper West Side? $1.595 million.
Read More

HUD proposes new rules for FHA loans

Restores stipulation that lenders must certify they weren’t disciplined by government
Answering questions raised by, amongst others, leading Democrats in the House and Senate, Department of Housing and Urban Development released a revision to its previously announced changes to the rules for lenders that remit loans to the Federal Housing Administration. Click here to read about how the FHA's rules are about to change.
Read More

TitleOne acquires Sun Valley Title Company

TitleOne’s footprint expands to 15 locations in 14 Idaho counties
TitleOne, an Idaho-based provider of title insurance and settlement services, announced the acquisition of Sun Valley Title Company. With the expansion, TitleOne now has 15 total offices and more than 200 employees in 14 Idaho counties.
Read More

Reminder: Rehab REOs to increase profits

Don't sell property "as is"
Servicing and asset management organizations involved in the mortgage default arena need to look once again at each REO property on an individual case-by-case basis to determine if rehabilitation and/or property improvements are the best marketing strategy for each property.
Read More