How COVID-19 Challenges Are Prompting Innovation

In this week’s DS5: Inside the Industry, Xome CEO Mike Rawls discusses how COVID-19 has changed the way his company conducts business. Rawls leads “a high-performing group of 1,800 Xomies (aka Xome team members)” with a focus on technology, finance, and real estate who together help the company design an “end-to-end solution for mortgage servicers, lenders,…

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Housing Forecasts & the State of Foreclosure Auctions

In this week’s DS5: Inside the Industry, Auction.com’s VP of Market Economics, Daren Blomquist, shares his thoughts on where housing is headed and what effects the health crisis is having on foreclosure auctions. In his role, Daren Blomquist analyzes and forecasts complex macro- and microeconomic data trends within the marketplace and greater industry to provide…

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Single-Family Rental Investments Now and in 2021

This week’s DS5 installment features Jeffrey Tesch, CEO of RCN Capital, who discussed single-family rental (SFR) investing now and in the year to come. He tells DS5 that prior to the COVID-19 crisis, the market for SFR investing already was experiencing “unprecedented demand” all across the U.S. “We had the best January and February we’d…

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Preparing Homeowners for End of Forbearance

This week’s DS5 installment features Steve Bailey, Senior Managing Director and Chief Mortgage Operations Officer for PennyMac Financial Services. He discusses how the industry is preparing for homeowners to begin coming out of forbearance, as well as what other top challenges he anticipates for next year. Baily says that communication and attention to nuance are going to be…

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