New York joined other states that are passing legislation to deal with the nationwide problem of vacant and abandoned properties.
Read More »Counsel’s Corner: The Power of State AGs
Stephen M. Hladik, partner with Hladik, Onorato & Federman, LLP, (HOF Law Group), recently spoke with DS News about a statute of limitations issue that has implications for all lenders and servicers.
Read More »Ginnie Mae Passes Freddie Mac in Outstanding MBS
Ginnie Mae's public-private partnership has enabled more than 10 million families achieve the American dream, according to Ginnie Mae president Ted Tozer.
Read More »Fed: 33 Largest Banks Pass Stress Tests
The hypothetical severe economic scenario for which the banks were tested would result in about $385 billion in losses for the 33 firms tested.
Read More »FSOC Recommends Housing Finance Reform
The calls for housing finance reform have come from just about everywhere—the left, the right, and every type of organization. Now they've come from a council that was created by Dodd-Frank.
Read More »REO Decline Drives Cash Sales Share Lower
REO sales have declined by more than two-thirds since their peak five and a half years ago.
Read More »Ex-Obama Housing Adviser Joins Bipartisan Policy Center
Formerly President Obama's top housing policy adviser, Michael Stegman has joined the Bipartisan Policy Center (BPC) as a fellow for housing policy.
Read More »CFPB: Servicers are Using Failed Technology
According to the CFPB, some mortgage servicers have violated the Bureau's new servicing rules by continuing to use failed technology that has harmed consumers.
Read More »Legal League 100 Leadership Convenes to Discuss Strategy Shift
On Wednesday, members of the Legal League 100 Advisory Council met in Dallas, Texas, to discuss the state of the Legal League 100 and its subcommittees, and to create initiatives to reflect the concerns and needs of its membership.
Read More »Freddie Mac Peddles More Deeply Delinquent Loans
The transaction included five pools of non-performing loans serviced by Bayview Loan Servicing and were an average of five years delinquent.
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