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DS News Webcast: Wednesday 8/5/2015

Foreclosure, REO, News, Webcast

Freddie Mac's net income soared for the second quarter of 2015, totaling $4.2 billion. That amount was nearly nine times the GSE's Q1 net income of $524 million, according to an announcement from Freddie Mac on Tuesday. With the inclusion ...

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DS News Webcast: Tuesday 8/4/2015

Foreclosure, REO, News, Webcast

Fannie Mae's Economic, Strategic & Research Group has pointed out on multiple occasions that housing market growth has been slowed by tepid growth of household income. In a new analysis released Monday, the Fannie Mae ESR Group announced that homeowners ...

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DS News Webcast: Monday 8/3/2015

Foreclosure, REO, News, Webcast

Independent monitor Eric Green reported on Friday that Bank of America had earned approximately $1.19 billion out of the $7 billion, or 17 percent, in consumer relief the bank agreed to provide as part of the August 2014 settlement with ...

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DS News Webcast: Friday 7/31/2015

Foreclosure, REO, News, Webcast

The J.D. Power 2015 U.S. Primary Mortgage Servicer Satisfaction study released Thursday found that servicers are spending too much time and resources focusing on at-risk customers, negatively impacting satisfaction for the majority of their customers. At-risk customers, those that J.D. ...

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DS News Webcast: Thursday 7/30/2015

Foreclosure, REO, News, Webcast

The Special Inspector General for the Troubled Asset Relief Program reported in its Q1 2015 Report to Congress that from the time Treasury began requiring servicers to report HAMP outcomes on December 1, 2009 through April 2015, 5.7 million homeowners ...

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DS News Webcast: Wednesday 7/29/2015

Foreclosure, REO, News, Webcast

The second in a series of three full Committee hearings examining the impact of the Dodd-Frank Act on American prosperity, freedom, and financial stability five years after the controversial law was enacted took place in the House Financial Services Committee ...

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DS News Webcast: Tuesday 7/27/2015

Foreclosure, REO, News, Webcast

An outgrowth of the recession and the housing market crash of seven years ago has been a vibrant rental market, with vacancy rates at their lowest levels since the 1980s and construction at a more robust level than it has ...

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DS News Webcast: Monday 7/26/2015

Foreclosure, REO, News, Webcast

The House Financial Services Committee has announced that proposed legislation to cap the salaries of CEOs at Fannie Mae and Freddie Mac has advanced to the markup phase, which will take place in the Committee on Tuesday, July 28. The ...

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DS News Webcast: Friday 7/24/2015

Foreclosure, REO, News, Webcast

Stronger-than-expected economic activity for the second quarter will drive accelerated economic growth for the second half of 2015, according to the July 2015 Economic Outlook released Thursday by Fannie Mae's Economic & Strategic Research Group. Despite volatile economic conditions overseas that could ...

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DS News Webcast: Thursday 7/23/2015

Foreclosure, REO, News, Webcast

The foreclosure inventory percentage dropped by 22.5 percent year-over-year in June down to about 1 point 46 percent of all residential mortgages nationwide, according to Black Knight Financial Services' First Look at June 2015 Mortgage Data released today. The number of loans in ...

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