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FHA loan delinquencies: Is a perfect storm brewing?
Escrow costs are up 45% since 2019 and some high FHA states saw prices down 10% to 20%, increasing default risk as cures fall.
Lane McCormack named president at BHHS Beach Properties of Florida
HomeServices names Lane McCormack president at BHHS Beach Properties of Florida, as Jimmy Burgess shifts full time to chief coaching officer.
Exclusive: Carrington to acquire Valon Mortgage, adopt ValonOS, add $197B in UPB to servicing book
Carrington will adopt ValonOS and acquire Valon Mortgage, adding about 800,000 loans as both target Ginnie Mae servicing modernization.
Alexandra Brinton joins MBA as vice president and CFO
Alexandra Brinton joins the Mortgage Bankers Association as chief financial officer, bringing more than 20 years of financial expertise.
NFM Lending names LaTasha Waddy, Bob Tyson to new leadership roles
LaTasha Waddy has been appointed as president of NFM Lending and Bob Tyson is the new CEO, effective Jan. 1.
Sagent appoints Chris Marshall as new CEO
Sagent has appointed Chris Marshall as CEO to lead the implementation of its Dara platform. Marshall will succeed Geno Paluso.
Buyer owes $24K after breaching buyers broker agreement, arbitration finds
Arbitration awarded $24,000 to a brokerage after a buyer breached an exclusive broker agreement under new NAR rules.
Average buyer’s agent commission ticks up under settlement rules
The slight increase comes roughly a year after new National Association of Realtors commission rules took effect.
Judge to decide Compass’s injunction against Zillow listing policy
Judge Vargas will decide if Compass’s injunction against Zillow’s listing policy is granted after both sides filed conclusions of law.
