Freddie Mac has announced the pricing of its second Seasoned Credit Risk Transfer Trust (SCRT) offering of 2022 —a securitization of approximately $536 million including both guaranteed senior and non-guaranteed subordinate securities backed by a pool of seasoned re-performing loans ...
Read More »Servicers Adapt to Changing Times
COVID-19 presented mortgage servicers with a new challenge, creating and executing new customer solutions, while managing the impact of the pandemic on their own workforce.
Read More »HUD Grants $41M to Enhance Affordable Housing
The U.S. Department of Housing and Urban Development (HUD) announced today that it will make available $41 million for local affordable housing and community development activities that benefit people with low-incomes. The funding is being awarded through HUD’s Capacity Building ...
Read More »Rep. Hill Calls for Increased GSE Oversight From FHFA
The ranking Member of the Housing, Community Development, and Insurance Subcommittee on the House Financial Services Committee, as well as nine other Republican committee members, drafted a letter urging further oversight of Fannie Mae and Freddie Mac activities.
Read More »The Changing of the Guard: A Conversation With NMSA’s Leadership
DS News spoke to the National Mortgage Servicing Association’s 2019-2021 Chair Wes G. Iseley and 2022-2024 Chair Jocelyn Martin-Leano about the state of the servicing landscape and what lies ahead.
Read More »HUD Allocates $30M+ in Funding for State, Local Fair Housing
The U.S. Department of Housing and Urban Development (HUD) on Wednesday announced it has allocated $30.1 million in noncompetitive funding for HUD’s state and local fair housing enforcement agencies across the country under its Fair Housing Assistance Program (FHAP). The FHAP ...
Read More »HUD Expands Housing Counseling Locator Tools
The Department’s new offerings will assist in accessing quality housing counseling services for those seeking assistance from a HUD-approved housing counseling agency.
Read More »HUD Announces New Staff Appointments
The U.S. Department of Housing and Urban Development (HUD) has announced new roles and additions to the HUD staff. A large pool of talented and diverse individuals join HUD ready to deliver results for Americans by addressing and tackling our ...
Read More »Industry Veterans Urge Caution for FHA
In this exclusive op-ed, industry/government veterans Brian D. Montgomery and Keith Becker make the case that FHA should resist the urge to reduce premiums while economic uncertainties and the fate of serious delinquencies remain.
Read More »The Domino Effect
From labor shortages and supply-chain issues to an ongoing low-volume environment, high-level economic factors have challenged the property preservation sector like never before. Here’s how the industry is finding a way forward.
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