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Author Archives: David Wharton

David Wharton, Online Editor at the Five Star Institute, is a graduate of the University of Texas at Arlington, where he received his B.A. in English and minored in Journalism. Wharton has over 15 years of experience in journalism and previously worked at Thomson Reuters, a multinational mass media and information firm, as Associate Content Editor, focusing on producing media content related to tax and accounting principles and government rules and regulations for accounting professionals. Wharton has an extensive and diversified portfolio of freelance material, with published contributions in both online and print media publications. Wharton and his family currently reside in Arlington, Texas. He can be reached at David.Wharton@DSNews.com.

Fitch Examines Top Servicers

According to the latest installment of Fitch’s U.S. RMBS servicer handbook, the American servicing landscape is undergoing significant shifts, much of it driven by merger and acquisition activity among servicers such as Mr. Cooper and Ocwen. 'Strategic positioning and M&A ...

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HUD Awards $28 Billion for Disaster Recovery

Natural disasters caused a record $306 billion in damages to the United States in 2017, according to the National Oceanic and Atmospheric Administration. With the next hurricane season fast approaching, the United States Department of Housing and Urban Development on ...

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Auction.com Adds Min Alexander as COO

Auction.com, based in Irvine, California, and the nation’s largest real estate transaction marketplace, today announced the addition of Min Alexander as its COO. As COO, Alexander will lead a team of 800 professionals who manage the sale of over 140,000 ...

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Combating Housing Shortages With Backyard Homes

Proposals to help address California’s housing crisis—such as allowing more housing closer to busy transit hubs—are sometimes met with refrains of “not in my backyard!” However, Los Angeles aims to combat the housing shortages by looking exactly there—in residents’ backyards. ...

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Is Housing Ready for a Rebound?

According to the latest LegalShield Law Index, the housing market may be poised for a significant rebound, but factors such as the recent trade tariffs imposed by President Trump could complicate things. Released monthly, the LegalShield Law Index tracks factors ...

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How Did Refis Impact the 2008 Financial Crisis?

While there is still debate about the various factors that contributed to the 2008 financial crisis and the collapse of the housing market, a new paper by the Urban Institute suggests that the poor performance of cash-out refinances, and refinances in ...

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Carrington Launches ‘Non-Prime’ Lending Program

Carrington Mortgage Services, based in Plano, Texas, has expanded its residential mortgage offerings to make access to home loans a greater possibility for the roughly 100 million U.S. consumers who have less than perfect credit. The introduction of its proprietary, ...

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Single-Family Rental: Opportunities and Growth

Beth O’Brien is President and CEO of CoreVest Finance, a private lender to residential real estate investors. Under O’Brien’s leadership, CoreVest has closed $3 billion in loans in the investor loan market and has financed more than 20,000 investment properties. ...

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HFG, Pavaso Deliver Successful Digital Closing in Arizona

Homeowners Financial Group (HFG) is one of the first Arizona-based mortgage lenders to complete an eClosing with Pavaso, a leading eClosing technology provider. “Pavaso was tasked with supporting HFG’s National Builder Division by making the entire homebuying experience easier and ...

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Chase Expands Reward Points for New Mortgages

The New York-based Chase has launched an offer for select Chase cardmembers to earn between 25,000 and 75,000 Ultimate Rewards points or MileagePlus miles when purchasing a home with Chase. Following an enthusiastic response from Sapphire customers last year, eligible ...

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