The national delinquency rate fell 3.6% in August to 2.79%, just 4 BPS above May 2022's record lowImprovement was broad based, with the number of borrowers a single payment past due falling by 4% and those 90 or more days delinquent down 4.5%After dropping steadily over recent months, cure...
[sih-TOO-ter-ee] Part of speech: noun Origin: Scottish, 1920s Definition: A small building or area where people can sit outside; a summer house, conservatory, or gazebo. Examples of sitooterie in a sentence "The sitooterie was set up for a small afternoon party." "She enjoyed...
Outsourcing or hiring in-house compliance experts are no longer the only options for servicers who need help handling lien releases and assignment of mortgage documents. With the use of PerfectDocs technology, virtually anyone can prepare, validate, execute, notarize and even record these...
Housing Expected to Cool Even Further as Mortgage Rates Move Higher Economic growth is projected to resume in the second half of 2022, but the combination of high inflation, monetary policy tightening, and a slowing housing market is likely to tip the economy into a modest recession in the new...
[dee-on-TALL-oh-jee] Part of speech: Noun Origin: Greek, early 19th century Definition: A theory of ethics that establishes rules of right and wrong actions; the study of determining the right way to live life, based on duty and moral obligation. Examples of Deontology in a...
[ə-PLAM] Part of speech: Noun Origin: French, late 18th century Definition: Self-confidence or assurance, especially when in a demanding situation. Examples of Aplomb in a sentence "The lead actor recovered with such aplomb that the audience forgot he had tripped onstage...
62% of Respondents Express Support for Real Estate Development, Compared to 49% in 2020 The pandemic, worsening housing crisis, and social changes of the past two years appear to have struck a significant blow against NIMBYism, according to a recent survey by coUrbanize, a technology...
Real estate is the industry that creates the most millionaires. But in order to break into the industry, you need the right mindset. You need consistency. Real estate markets are changing constantly, so you need to be prepared to pivot and you need to be consistent at that. That is why it’s...
[EE-jis] Part of speech: Noun Origin: Greek, early 17th century Definition: The protection, backing, or support of a particular person or organization; (in classical art and mythology) an attribute of Zeus and Athena (or their Roman counterparts Jupiter and Minerva) usually represented...
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