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DS News Webcast: Thursday 3/5/2015

Foreclosure, REO, News, Webcast

Approximately 1 point 88 million homeowners nationwide received a mortgage solution or foreclosure alternative in the form of a loan modification, short sale, deed-in-lieu of foreclosure, or other workout plan during 2014, according to data released Wednesday by HOPE NOW. The 2014 numbers ...

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DS News Webcast: Wednesday 3/4/2015

Foreclosure, REO, News, Webcast

In the first bulk sale of seriously delinquent mortgage loans from its portfolio in 2015, Freddie Mac announced on Tuesday it has auctioned off nearly 2,000 deeply delinquent non-performing loans with an aggregate unpaid balance of approximately $392 million. The loans ...

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DS News Webcast: Tuesday 3/3/2015

Foreclosure, REO, News, Webcast

In an ongoing effort to reduce the number of non-performing loans in the portfolios of Fannie Mae and Freddie Mac and transfer risk to the private sector, the GSEs' conservator, the Federal Housing Finance Agency, on Monday announced enhanced requirements for the sales of non-performing loans ...

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DS News Webcast: Monday 3/2/2015

Foreclosure, REO, News, Webcast

Ginnie Mae has launched a scorecard-based risk management tool that will allow issuers to gauge their operational and default performance against both their peers and Ginnie Mae's program standards, according to an announcement from Ginnie Mae. According to Ginnie Mae President Ted Tozer, ...

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DS News Webcast: Friday 2/27/2015

Foreclosure, REO, News, Webcast

Freddie Mac's total mortgage portfolio contracted to start 2015 after ending 2014 with hits highest annualized growth rate for a single month in five years while the serious delinquency rate for the Enterprise's loans fell to a six-year low, according to the Enterprise's January ...

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DS News Webcast: Thursday 2/26/2015

Foreclosure, REO, News, Webcast

Both the delinquency rate and the foreclosure inventory rate in Q4 2014 for residential mortgage loans fell to their lowest levels since 2007, according to the Mortgage Bankers Association's National Delinquency Survey released Wednesday. The delinquency rate fell to a seasonally-adjusted rate of ...

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DS News Webcast: Wednesday 2/25/2015

Foreclosure, REO, News, Webcast

Foreclosure inventory was way down nationwide year-over-year in January despite a 5.5 percent month-over-month increase in foreclosure starts, according to Black Knight Financial Services' First Look at January Mortgage Data. Foreclosure starts totaled nearly 94,000 for January, which was the ...

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DS News Webcast: Tuesday 2/24/2015

Foreclosure, REO, News, Webcast

Ocwen Loan Servicing, a subsidiary of Ocwen Financial Corporation, intends to sell the mortgage servicing rights on a portfolio of performing residential loans owned by Freddie Mac with a total principal balance of about $9.8 billion to Nationstar Mortgage, a subsidiary of Nationstar Mortgage ...

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DS News Webcast: Monday 2/23/2015

Foreclosure, REO, News, Webcast

The default risk for mortgage loan originations rose in January, marking the fifth straight month-over-month increase, according to the composite National Mortgage Risk Index released by AEI's International Center on Housing Risk. In January, the NMRI for Agency purchase loans increased ...

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DS News Webcast: Friday 2/20/2015

Foreclosure, REO, News, Webcast

Freddie Mac has helped nearly 1.1 million struggling homeowners either retain their homes or otherwise avoid foreclosure through a variety of means since the beginning of 2009, four months after the FHFA conservatorship began, according to the GSE's 2014 Financial ...

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