News

Eric Kaplan, Director, Milken Institute of Financial Research, VP Consumer Advisory Board, CFPB, discusses on the latest DS5: Inside the Industry how COVID-19 has impacted a potential borrowers’ ability to own a home.

With more than 20 years’ experience in the industry, Kelley Tillinghast joins Plaza from Guild Mortgage where she was the VP and National Underwriting Manager for the past five years.

Chintan Mehta was named CIO and Head of Digital Technology & Innovation, and Munish Kumar was named CIO and Head of Wealth & Investment Management Technology.

Also in The Week Ahead are reports on existing home sales, and Treasury Secretary Steven Mnuchin and Federal Reserve Chair Jerome Powell will update Congress on the CARES Act.

Leaders from Carrington Mortgage, BSI Financial Services, BDF Law Group, and Bayview Loan Servicing discussed issues, challenges, and solutions within the industry at the Legal League 100’s Virtual Servicer Summit.

The head of the American Mortgage Diversity Council, Lola Oyewole of Ocwen Financial, discusses the challenges facing inclusion in the workforce, how the conversations in this area are changing, and what she is looking forward to in her new role. This feature originally appeared in the May issue of MReport.

Of the more than half of Americans able to work from home, nearly 75% said they would like to continue so, but that may mean moving away from the city.

The reported drop was the largest recorded during the month. Click through to see how far they fell.

The Federal Housing Finance Agency and the Federal Housing Administration announced that deadlines have been extended to June 30. Click through for more information.

Nearly half of homes in these tracts record growth more than the national average of 11.3%. Are properties in these areas still affordable?