CFPB warns servicers — again

The CFPB report shows that while on average servicers improved their call metrics, there are several significant outliers.

May 19, 2022 Was this email forwarded to you? Sign up for HousingWire's Daily Update here. CFPB report highlights outliers doing a poor job servicing Mortgage, CFPB/ Regulatory The CFPB report shows that while on average servicers improved their call metrics, there are several significant outliers. Housing starts data lags reality of higher mortgage rates Politics & Money, Real Estate, HW+ Exclusive Content Higher mortgage rates are affecting the housing starts data, but the real story is that the housing completion data is still terrible. Is RON right for your title & settlement agency? Learn how to identify if hybrid and RON closings are right for you and what you should look for in a digital RON technology partner.   Read more. Sponsored by Stavvy Compass' first-quarter trouble and the REX shutdown Podcasts Today's episode focuses on insights from Compass's Q1 earnings call, how feasible RESPA complaints are, and the REX shutdown. Listen Now! Freddie Mac updates risk mitigation requirements for the industry due to elevated cybersecurity threats Presented by FundingShield As the mortgage world becomes more technologically interconnected, the risks to cybersecurity, data and infosecurity increase. These risks should be top-of-mind for mortgage professionals, as evidenced by recent changes at Freddie Mac that emphasize risk mitigation and cybersecurity efforts. Need more loans right now? We've got you covered. The typical U.S. home appreciated $53k last year, which means homeowners are sitting on more tappable equity than ever before.​ Learn 10 different ways you can convert the historic home equity sitting in your customer database into loans right now.​ Get more loans now! Sponsored by Sales Boomerang Mortgage apps decline 11% amid economic uncertainty Mortgage The survey results are consistent with MBA's May forecast, which shows far fewer home sales and mortgage originations than a year ago. John Ryan, voice for state financial regulators, has died CFPB/ Regulatory John Ryan, the longtime CEO of the Conference of State Bank Supervisors, died unexpectedly Monday. He was 58. The importance of accurate valuations for GSE-compliant appraisals Desktop appraisals combine innovative technology, along with a nationwide network of property data collectors and experienced appraisers to deliver lenders an accurate and reliable, GSE-compliant appraisal. Learn more Sponsored by Clear Capital FHA Commissioner Julia Gordon gets to work CFPB/ Regulatory, Politics & Money, Mortgage, HW+ Exclusive Content Mortgage industry stakeholders have described Gordon as "extremely qualified" and a "pragmatic liberal who will bring people to the table." Mobile, online home purchases raising mortgage fraud costs Real Estate, Mortgage A LexisNexis Risk Solutions report analyzing trends in mortgage fraud shows fraud costs come mainly from online and mobile home purchases. Unlock unlimited access with HW+ HW+ delivers career-making insights and analytics for professionals across the housing industry. Coupled with a community of the most engaged leaders in housing, HW+ can help you take your career to the next level and win the current market. Join HW+ Sponsored by HW+ 10 ways rookie agents can get rolling their first year Brokerage, Real Estate, industry Voices Brokers and managers can help rookie agents get rolling by implementing these 10 activities for success within the first 30 days. Caliber sues CrossCountry after 80 employees left for rival Mortgage Caliber claims its rival hired more than 80 of its employees, among them 40 loan producers, beginning in February 2021. HousingWire, 433 East Las Colinas Blvd., Suite 830, Irving, TX 75039 Manage preferences

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