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Author Archives: Brian Honea

Brian Honea's writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master's degree from Amberton University in Garland.

DS News Webcast: Friday 4/22/2016

Foreclosure, REO, News, Webcast

Dallas, Texas-based Nationstar Mortgage was the only one out of the three largest U.S. non-bank mortgage servicers rated by Moody's to turn a profit during 2015, according to Moody’s Investors Service’s Servicer Dashboard on Thursday. Nationstar’s net income for 2015 was 43 ...

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MCS Announces Formation of MCS Solutions

Mortgage Contracting Services, LLC (MCS) has announced the formation of MCS Solutions in order to incorporate the company’s valuations, title services, and steel security product line, according to an announcement from MCS.

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DS News Webcast: Thursday 4/21/2016

Foreclosure, REO, News, Webcast

The final 1 billion dollars in funds under the Hardest Hit Fund has been allocated to 13 of the 19 participating HHF states, according to an announcement from the U.S. Department of Treasury on Tuesday. The states that received this round of ...

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DS News Webcast: Wednesday 4/20/2016

Foreclosure, REO, News, Webcast

The FHFA’s principal reduction program announced last week is going to affect relatively few borrowers. The program is extended to approximately 33 thousand eligible homeowners when there are approximately three million underwater borrowers nationwide. According to a report released by ...

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DS News Webcast: Tuesday 4/19/2016

Foreclosure, REO, News, Webcast

The controversial principal reduction program announced by the Federal Housing Finance Agency last week is expected to moderately increase expenses for mortgage servicers who handle delinquent Fannie Mae or Freddie Mac loans, but overall the impact of the program on ...

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DS News Webcast: Monday 4/15/2016

Foreclosure, REO, News, Webcast

The tough week for banks continued Friday as Citigroup reported a year-over-year decline in net profits of 27 percent during the first quarter in the bank’s Q1 earnings statement released Friday, from 4 point 8 billion dollars down to 3 point ...

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DS News Webcast: Friday 4/15/2016

For seriously delinquent, underwater homeowners struggling through the murky aftermath of the financial crisis, help is on the way in the form of a gift from the Federal Housing Finance Agency. Fannie Mae and Freddie Mac will soon be required ...

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DS News Webcast: Wednesday 4/13/2016

Foreclosure, REO, News, Webcast

Housing advocates and progressive groups have launched a coalition to change Agency distressed loan sales practices and require them to sell more delinquent loans to non-profits. The advocates tagged HUD’s Distressed Asset Stabilization Program a, quote, Wall Street Giveaway, close ...

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