Entries by JKents

ServiceLink expands closing technology

Mortgage solutions provider ServiceLink has introduced updates to its EXOS Close platform aimed at increasing scheduling flexibility for lenders and borrowers. The latest enhancements allow users to schedule closings in real-time with expanded options for online and in-branch appointments, and add automatic eligibility checks for remote notarization. Among the new features is a system that […]

Texas Capital Bank appeals case against Ginnie Mae over reverse mortgage collateral

After lawsuit challenging the government’s authority to extinguish stakes in securitized Federal Housing Administration (FHA)-backed Home Equity Conversion Mortgages (HECMs) was recently decided in favor of Ginnie Mae, the plaintiff in the case has made good on its promise to appeal the decision. Texas Capital Bank (TCB) — which initially filed the lawsuit against Ginnie […]

Why foreclosures are still below pre-pandemic levels

According to the most recent credit data from the New York Fed, foreclosure data for the housing market is still below 2019 levels. Although foreclosure rates rose in the last quarter, we are far from the stressful levels that we saw during the run-up to the housing bubble crash in 2008. Credit data in general […]

Fathom stays optimistic about agent compensation plan even as losses mount

Fathom Holdings Inc. is under pressure to turn its business around, and CEO Marco Fregenal thinks its new agent compensation model can do that. On the company’s first-quarter earnings call on Tuesday, Fregenal touted Elevate, which provides agents with a 20% commission split and support systems to streamline their work. Launched at the beginning of […]

Hawthorn’s hidden gem offers extraordinary views and premium amenities for discerning buyers

In Melbourne’s coveted property market of Hawthorn, a new enclave is being crafted with stunning residences and lush green gardens. Scotch Hill Gardens, a new neighbourhood taking shape in the rich historical suburb of Hawthorn, is drawing attention from discerning buyers. Known for its elegant homes, leafy streets, and proximity to Melbourne’s top schools and […]

How to beat cost of living by moving out to sea

Could you live aboard a cruise ship permanently? As the cost of living continues to bite across Australia more and more people are turning away from the costly maintenance of homes and cars to pursue a life on the high seas. Cruise hopping and residential cruise ship living on a full-time basis is an industry […]

Inside new Liberal leader’s property portfolio

The first female leader of the Liberal Party Sussan Ley, at home in Albury, NSW. Picture: Alex Coppel. The newly elected leader and first woman to head the Liberal Party of Australia Sussan Ley is a keen property investor and landlord. Ms Ley who is the member for Farrah, NSW, in the federal House of […]

Handbag heir sells lavish Byron Bay hinterland estate for $30m

Oroton fashion empire heir Tom Lane, and his wife, Emma, have sold their luxury equine estate in the Byron Bay hinterland in a deal believed to be around $30m. The couple bought the 19ha property in Bangalow for $3m in 2021 and built the current home known as ‘Copperstone’ in the style of an Argentinian […]