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...
News Updates
WORD OF THE DAY: Sitooterie
[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...
PerfectDocs provides for a completely paperless process anywhere eRecord is available
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...
Economic Indicators Continue to Point to Likely Recession in 2023
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...
WORD OF THE DAY: Deontology
[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...
WORD OF THE DAY: Aplomb
[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...
Survey Shows Decrease in NIMBYism Over Course of Pandemic
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...
WORD OF THE DAY: Aegis
[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...
CALIFORNIA, NEW JERSEY AND ILLINOIS AGAIN DOMINATE LIST OF VULNERABLE HOUSING MARKETS
Chicago and New York City Areas Remain Most Exposed to Potential Downturns in Second Quarter of 2022; Other More-At-Risk Markets Scattered Around Nation; South Region Continues to be Less Vulnerable ATTOM, a leading curator of real estate data nationwide for land and property data,...








