Why default servicing breaks at the handoffs
Default servicing rarely breaks in one dramatic moment. It breaks between the mortgage fund or investor setting strategy, the servicer translating requirements and the law firm executing the work. Missing context becomes a missed milestone. Incomplete documentation becomes an invoice denial. Unclear ownership becomes an aging receivable. By the time the problem surfaces, each party […]
Will mortgage rates rise to 8% or drop to 6%?
Mortgage rates are over 7% again, something very common in the past few years, but 2026 was supposed to be the first year that mortgage spreads were going to shield the housing market from rates getting above 7%. However, as we enter the seventh month of the conflict with Iran, oil prices are at $100, […]
Housing starts outlook turns negative through 2027 as costs rise
Single-family housing starts rose in August but are down for the year and are expected to weaken even further, as homebuilders slow production in the face of higher construction costs and hesitant consumer demand. While total new residential construction fell 2.6% in August, this monthly decline came amid a steep 21.7% pullback in multifamily starts, […]
Zillow Preview listings now live on Realtor.com
Zillow Preview listings will start appearing on Realtor.com on Thursday as Realtor.com Preview Listings, the companies said, positioning the move as a bet on openness and broad listing visibility in a fragmenting housing market. Under the arrangement, Zillow’s premarket inventory will be syndicated to Realtor.com and labeled as Realtor.com Preview Listings. The companies first announced […]
Foreclosure filings rise 13% year-over-year — South hit hardest
ATTOM reported 40,277 U.S. properties with foreclosure filings in August 2026, including default notices, scheduled auctions and bank repossessions. That was up 1% from July and 13% from August 2025, according to the company’s August U.S. Foreclosure Market Report. “August’s data shows that foreclosure activity continues to trend above year-ago levels, particularly in completed foreclosures, […]
Is the housing construction cycle finally breaking?
Housing starts and permits have been falling for years, but things could be much worse as higher rates have taken a bite out of this sector. This sector hasn’t broken yet, as it has in other economic cycles — mostly because builders have been working with sub-6% rates for the past few years. This has […]
Mortgage Document Intelligence Automates 1003 and Servicing
Mortgage lenders have no shortage of processes they would like to automate, but the challenge is doing it without forcing operations built around different products, staffing models and technology stacks into a one-size-fits-all workflow. As lenders look to reduce manual document review, catch problems earlier and move loans through the lifecycle with fewer handoffs, adaptable […]
The Fed rate-hike cycle has started. What’s next?
Today, Fed Chair Kevin Warsh gave one of the best Fed press events I have ever seen, and much of what he said sets the course for the economy and housing for the next few years. Unlike some predictions I saw that said the Fed rate hike would drive bond yields lower, yields rose even […]
Northshore Phoenix High School Relocates to Cummings Center in Beverly
BEVERLY, Mass. — Northshore Phoenix High School has moved to a new home at Cummings Center, where the specialized recovery high school is now operating from a 10,744-square-foot facility designed for educational, therapeutic and administrative uses. Northshore Education Consortium, which operates the school, relocated the program from 112 Sohier Road to 100 Cummings Center in […]
CBRE Says AIs Growth a Net Positive for the U.S. Office Market
AI (Photo Credit: CBRE) BOSTON — The rapid expansion of artificial intelligence could ultimately support demand for U.S. office space rather than significantly reduce it, according to a new analysis from commercial real estate services firm CBRE. The report argues that AI is more likely to change the composition of the office workforce than eliminate […]