Cash sales have declined overall, but they still account for the majority of sales in the lowest 20 percent of property values, according to Black Knight Financial Services’ April 2016 Mortgage Monitor released Monday. Overall, the cash sales share has ...
Read More »DS News Webcast: Wednesday 6/1/2016
McCalla Raymer, LLC, which has been in business for 34 years and is based in Atlanta, and Pierce & Associates, PC, which has been in business for 41 years and is based in Chicago, have combined into one entity that will ...
Read More »Utilizing the Single-Family Rental Market
Hear Greg Rand, CEO of OwnAmerica, share how you can unlock your potential in the single-family rental market.
Read More »DS News Webcast: Tuesday 5/31/2016
The sales of non-performing residential mortgage loans by Fannie Mae, Freddie Mac, and HUD have been a lightning rod for controversy in the last year or so. Some claim the guidelines are too strict, which can discourage investors from participating. ...
Read More »Counsel’s Corner: Complying With CFPB Consent Orders
Josh Podolsky, partner in the Tampa office of Phelps Dunbar LLP, spoke with DS News about the issues that some of his firm’s servicer clients are faced with in this current market.
Read More »Freddie Mac Exceeds Portfolio Reduction Goal
How much did Freddie Mac reduce its mortgage-related investments portfolio during April?
Read More »DS News Webcast: Friday 5/27/2016
Mortgage servicers have still been extremely active with efforts to contact borrowers regarding loss mitigation, despite a lengthy, sustained decline in the number of delinquencies and defaults, according to HOPE NOW. Approximately 319 thousand homeowners received a non-foreclosure solution in the ...
Read More »Fannie Mae Sells More Delinquent Loans to Non-Profit
Government agencies have have taken a lot of heat from advocacy groups, civil rights groups, and lawmakers in the last few months over the sales of delinquent mortgages to private investors. Fannie Mae went another route with its latest sale.
Read More »DS News Webcast: Thursday 5/25/2016
The Office of the Comptroller of the Currency announced on Wednesday that it has terminated the mortgage servicing-related consent order against Wells Fargo. At the same time, the OCC issued a civil money penalty of 70 million dollars to the bank ...
Read More »DS News Webcast: Wednesday 5/25/2016
While flipping activity overall is down considerably from its peak reached 11 years ago, the median gross profit per flipped property is up considerably and some markets in the country are providing ample opportunities for flippers, according to data released ...
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