Goldman Sachs successfully completed about 77% of the $1.8 billion in consumer relief it is obligated to provide under its two mortgage-backed securities settlements with the U.S. Department of Justice and three states, according to a report by the independent monitor ...
Read More »Law Firms and Mortgage Servicers to Meet at Spring Summit
At this year's Legal League 100 Spring Servicer Summit, mortgage servicers, government reps, and financial services attorneys will gather for discussions centered around the challenges facing the U.S. mortgage industry.
Read More »Preventing Disaster-Related Mortgage Default
Homeowners impacted by natural disasters can be forced into delinquency and foreclosure, a problem lawmakers are seeking to address.
Read More »Federal Reserve Delays Rate Hike: Industry Reacts
After the Federal Reserve once again held rates steady, hear from mortgage industry experts on what the lack of a hike might mean for the rest of the year.
Read More »Mortgage Professionals Unite to Support Cancer Charity Scholarship Gala
On Friday, the annual Ruth Cheatham Foundation Gala will award scholarships to teen cancer patients and survivors, supported by an array of mortgage and default organizations. Click through to learn more about this cause.
Read More »REO Volume in High-Performing Metros
Here's how a recent study predicts some metros to improve, or worsen, given current home price index data and REO volume.
Read More »GSE Q1 Update: From Foreclosures to Mortgage-Backed Securities
Here's how Fannie and Freddie performed in the first months of 2019, according to the GSEs’ financial results announced Wednesday.
Read More »State Senate Kills Foreclosure Notification Bill
New Hampshire House Bill 309, a bill intended to give homeowners more warning when facing foreclosure, was voted down by voice vote. Here's how the bill would have impacted homeowners in default and the court system alike.
Read More »Taking Legislative Action Against Foreclosure Challenges
New Jersey Governor Phil Murphy signed into law a “bipartisan legislative package” as the state works to decrease its ongoing elevated foreclosure rate.
Read More »HUD Working Toward Affordable Housing Innovations
HUD Secretary Ben Carson recently announced that the National Association of Home Builders will co-host HUD's inaugural "Innovative Housing Showcase." Here are the housing and financial issues the Showcase will seek to address.
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