Home / Author Archives: Jordan Funderburk

Author Archives: Jordan Funderburk

DS News Webcast: Thursday 10/29/2015

The credit risk transfer programs implemented by Fannie Mae and Freddie Mac in order to transfers a portion of its credit risk on certain Single-Family loans to private capital markets investors and minimize taxpayer risk are relatively new at only two years old. But ...

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DS News Webcast: Wednesday 10/28/2015

National vacancy rates for both rental and homeowner housing inched slightly upward year-over-year in Q3, according to data released by the Department of Commerce’s Census Bureau on Tuesday. The vacancy rate for rental housing in Q3 2015 was 7 point ...

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DS News Webcast: Tuesday 10/27/2015

Nonbank participation in the mortgage market reached its highest level in two decades during 2014, according to Freddie Mac’s October Insight & Outlook report released Monday. The market share of non-depository, independent mortgage companies tumbled after the Great Recession with ...

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DS News Webcast: Monday 10/26/2015

Foreclosure, REO, News, Webcast

All-cash transactions comprised nearly 31 percent of all single-family residential home sales nationwide in July 2015, marking a decline of more than three full percentage points year-over-year, according to CoreLogic cash sales data released on Friday. With July’s decline, the cash sales ...

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DS News Webcast: Friday 10/23/2015

Foreclosure, REO, News, Webcast

Ocwen Financial Corporation failed four metrics and was deemed to have failed six others in an independent settlement monitor’s review of the servicer’s entire residential mortgage loan portfolio covering the second half of 2014, according to the monitor’s report filed with the U.S. ...

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DS News Webcast: Thursday 10/22/2015

Foreclosure, REO, News, Webcast

As part of Washington’s continued focus on reducing regulatory burden for Main Street, the House Financial Institutions and Consumer Credit Subcommittee convened on Wednesday to discuss a series of recently proposed bills aimed at achieving this goal. Some of these bills have received ...

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DS News Webcast: Wednesday 10/21/2015

Foreclosure, REO, News, Webcast

The composite consumer credit default index tumbled by seven basis points from August to September, driven by substantial declines in both the first and second mortgage default rates, according to S&P Dow Jones Indices and S&P/Experian Consumer Credit Default Indices for ...

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DS News Webcast: Tuesday 10/20/2015

Foreclosure, REO, News, Webcast

A top U.S. Department of Treasury official effectively ended any speculation that the government’s 7-year-old conservatorship of Fannie Mae and Freddie Mac would end before the 2016 presidential election. Antonio Weiss, Counselor to the Treasury Secretary, called the push to recapitalize the ...

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DS News Webcast: Monday 10/19/2015

Foreclosure, REO, News, Webcast

The only way to fix the country’s housing problem is for Republicans and Democrats to sit in a room together and talk about housing policy until they agree, according to one presidential hopeful at the Bipartisan Policy Center New Hampshire ...

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DS News Webcast: Friday 10/16/2015

Foreclosure, REO, News, Webcast

The Consumer Financial Protection Bureau has announced the finalization of a rule that will improve information about consumers’ access to residential mortgage credit by updating reporting requirements of the Home Mortgage Disclosure Act. The information reported by lenders as required by ...

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