The latest economic and policy trends facing mortgage servicers

Join this webinar for an in-depth roundtable discussion on economic and policy trends impacting servicers as well as a look ahead at strategies servicers should employ in the next year.

2021 RealTrends Brokerage Compensation Report

For the study, RealTrends surveyed all the firms on the 2021 RealTrends 500 and Nation’s Best rankings, asking for annual compensation data for the 2020 calendar year.

A real estate professor weighs in on the future of MLSs

According to research done by Sonia Gilbukh, a real estate professor at Baruch College, there are some reasons to be concerned about the current number of real estate agents and the future of MLSs.

Lenders, it’s time to consider offering non-QM products

The non-QM market is making a comeback following a pause in 2020. As lenders rush to implement, Angel Oak is helping them adopt these new lending products.

Politics & MoneyMortgageFintech

Ernst Publishing updates real estate tech solution

Reflects new CFPB rules

Albany, New York-based Ernst Publishing Company, a provider of technology and closing cost data for the real estate industry, updated its patented search engine technology, making it ready for lenders who must comply with the new Consumer Financial Protection Bureau Integrated Disclosure rule coming next year.

“Federal regulators are continuing the work of making it easier for consumers to ‘Know before they owe’ with the new Integrated Disclosure rule coming in a few months,” said Gregory Teal, president and CEO of Ernst Publishing.

“The new rules require even more accuracy and will impose a high price on lenders that can’t tell consumers exactly what they must pay when they get to the closing table. Fortunately, our fee search engines are ready to provide that information now,” Teal added.

The updated solution automatically recalculates based on any change and simultaneously sends notifications to the lender and the closing agent.  

Additionally, Ernst has included a buyer/seller split functionality down to the local/municipal level, supports multiple payees with the required disclosure and breakout of every payee in every jurisdiction and support for the disclosures under the CFPB’s expected standardization of settlement service fee rules.

Latest Articles

Existing home sales pop the 2021 housing bubble boys

So far this year, every existing home sales print has been higher in 2021 than the closing level of sales in 2020, which was 5,640,000. Even with the unhealthy home price gains that we have seen in the last two years, more Americans have bought homes with mortgages in 2020 and 2021 than any single year from 2008-2019, and this looks perfectly normal with our current demographics. HW+ Premium Content

Sep 22, 2021 By
3d rendering of a row of luxury townhouses along a street

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