Home equity is the bright gem of the housing market

Stubborn inflation and high interest rates continue to wreak havoc on the mortgage-origination market, but there is one asset class in the housing market that is arguably flourishing in these hard times – home equity. Along with the solid base of home equity that now exists — a byproduct of the

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LoanCare to implement Black Knight loss mitigation solution

Black Knight, Inc. on Thursday announced that mortgage loan sub-servicing provider LoanCare will implement the Black Knight Loss Mitigation solution to support homeowners in need of mortgage payment assistance programs. LoanCare, which services loans for banks, credit unions, independent mortgage companies and portfolio investors, also renewed its contract for Black

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Mortgage rates climb as Fed signals more aggressive rate hikes

Federal Reserve Chairman Jerome Powell sent a clear message during his U.S. Senate speech on Tuesday morning: Fed officials are likely to deliver higher rate hikes than previously expected to combat persistent inflation.  “As I mentioned, the latest economic data have come in stronger than expected, which suggests that the

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