Earlier this year, HUD Secretary Ben Carson announced an award of $2 billion in support of thousands of local housing and service programs across the U.S. This year’s installment of the annual HUD Continuum of Care grants will assist more ...

A new brief released by the Urban Institute explores ways to improve Federal Housing Administration (FHA) foreclosure timelines and conveyance processes so as to drive down costs and make things more efficient. The brief is the third in a series ...

According to the U.S. Census Bureau, the average American household spends $2,197 on property taxes for their homes each year. That’s no small chunk of change for many households, so property taxes are inevitably a factor when homebuyers are trying ...

Between December 2007 and June 2009, U.S. households lost over $16 trillion in net worth. That’s one of the stark figures that opens CoreLogic’s new special report entitled “Evaluating the Housing Market Since the Great Recession.” The report tracks the ...

Which companies are merging, and what professionals are moving? See some highlights in this update of the housing and mortgage industries. Jacksonville, Florida-based Black Knight Inc.announced today that Rushmore Loan Management Services LLC, a multi-faceted residential mortgage servicer and lender located in ...

The latest issue of DS News magazine is now available in print and online, taking you deeper into the topics and challenges facing the housing and default servicing industries. The spectacular rise (and recent fall) of Bitcoin prices have helped ...

An overall growing economy, rising incomes, and a strong job market did little to increase the number of buyers signing on the dotted line to achieve their dream of being a homeowner. In fact, pending home sales fell to their ...

Ocwen Financial Corporation, an Atlanta-based financial services holding company, reported a net loss of $128.5 million for 2017, and a pre-tax loss of $45.3 million in Q4 alone. This comes the day after the announcement that Ocwen was purchasing PHH ...

The UFA Default Risk Index, which measures the risk of default on newly originated nonprime mortgages, climbed seven points between Q4 2017 and Q1 2018, hitting 108. According to the latest UFA Mortgage Report released by University Financial Associates of ...

Freddie Mac has released its latest Monthly Volume Summary, which provides information on Freddie Mac's mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities and other investments. This latest Monthly Volume Summary is comprised of data from January 2018. Freddie ...