A new JPMorgan Chase report examines the effects of mortgage modification programs in the aftermath of the Great Recession. How much difference did these programs make, and what can they tell us about the borrowers who made use of them?
Read More »Minimizing Foreclosure, Maximizing Home Retention
The Federal Housing Finance Agency recently released its monthly report on foreclosure prevention for April, but are the Enterprises doing enough to ensure maximum home retention? You be the judge.
Read More »MHA Releases Year-End Results. What’s Changed?
Since 2009, delinquencies have dropped from 6.1 million to 2.7 million, and the amount of homeowners underwater dropped from 10.2 million to around 3 million.
Read More »Industry Insight: The Opportunity for Change in Housing Policy
DS News sat down with Meg Burns, Managing Director of The Collingwood Group, to discuss the opportunities that come from pairing a new administration with housing policies such as loss mitigation, regulatory compliance, and more.
Read More »Back from the Brink: Treasury Celebrates Housing Recovery
It has been eight years since the implementation of the Troubled Asset Relief Program. What has this program and others instilled by Treasury done to asset in helping the housing market recover?
Read More »MHA Report Shows Ocwen Leader in HAMP Programs
Ocwen Financial Corporation recently announced that according to the recently released U.S. Department of the Treasury MHA Report, they are the leader in helping struggling homeowners stay in their homes through HAMP.
Read More »New FHA Changes Streamline Loss Mitigation Protocols
FHA makes their process more efficient to help delinquent homeowners avoid foreclosure.
Read More »CFPB Unveils Updated Servicing Rules
The Consumer Financial Protection Bureau (CFPB) is scheduled to host the Industry & Servicer Training Update at the Five Star Conference & Expo on September 12, 2016 and will be the first time that the Bureau will give an in-depth, in-person training since the promulgation of the new servicing rules on Thursday.
Read More »On the Right Track: Scorecard Paints a Picture of Housing Health
HUD recently published a housing scorecard reviewing the monthly analysis of the housing market and the government programs implemented for the mortgage industry.
Read More »Ocwen Utilizing HAMP More to Assist Borrowers
Ocwen has been a HAMP participant since the program’s initiation in 2009 as well as an early adopter of Treasury's streamline modification program in January 2016.
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