by Stephen Pawlowski Senior Vice President for Business Solution Initiatives, Single-Family Mortgage Business
As mortgage lenders continue to expand and adapt their business in today's market environment, many lenders have posed a variety of questions about mortgage servicing rights, the creation of servicing rights, the ownership of servicing cash flows, the requirements for servicing transfers, and options to sell servicing.
Servicing of mortgage loans can be an important, valuable component of a lender's business and we thought it would be helpful to address some of these topics ...Read more »
by Azanaw Mengistu Business Analyst, Economic and Strategic Research
Housing analysts have extensively studied homeownership attainment of immigrants and the native-born population. One major factor determining the homeownership rate gap between the two groups is immigrants’ length of residency in the United States. Immigrants who have arrived recently in the U.S. typically have low homeownership rates.
That rate advances to higher levels as immigrants become more economically established and gain experience in U.S. housing markets, thereby narrowing the homeownership rate gap. However, one issue that has not been explored fully ...Read more »