Lehman originally accused JPMorgan Chase of improperly draining billions of dollars before the investment banking firm's infamous 2008 bankruptcy.
Read More »Nationwide Title Clearing Celebrates 25 Years in Business
Nationwide Title Clearing, Inc., (NTC) a post-clearing services provider for some of the nation’s largest financial institutions, recently announced it has completed 25 years of service to the mortgage lending industry.
Read More »Led by Housing, Economy Suffers Slight Setback to End 2015
What will it take in the coming year for the economy to regain its momentum?
Read More »Counsel’s Corner: It’s Not Over Yet Between Fair Housing Alliance and U.S. Bank
Counsel's Corner is an ongoing series in which DS News talks with default servicing attorneys around the country about the most pressing issues facing the default servicing industry. This installment features Steve Dane, partner with Relman, Dane & Colfax in Toledo, Ohio.
Read More »Hutchens Law Firm Attorneys Receive Honors
Hutchens Law Firm has announced several honors that have been awarded to the firm’s attorneys recently.
Read More »The Week Ahead: Will the Fed Raise Rates Again So Soon?
The Federal Open Market Committee will convene for the first time in 2016 and the first time since December's historic rate hike. Will they choose to raise the federal funds target rate again?
Read More »SunTrust’s Mortgage Servicing Income Surges Amid Positive Earnings Report
Largely free from legal costs from a 2014 settlement, SunTrust reported increased earnings for both Q4 and the full year 2015.
Read More »Freddie Mac Kicks Off 2016 With Largest Ever Delinquent Loan Auction
Both GSEs have made a substantial push in the last year to follow the directive of their conservator, the Federal Housing Finance Agency, to excise NPLs and deeply delinquent loans from their residential mortgage portfolios.
Read More »Ask the Economist: What Will be the Biggest Obstacles to Homeownership This Year?
Ask the Economist is an ongoing series in which DS News talks with an economist about the most pressing issues facing the nation's housing industry and the economy. This installment features Ralph McLaughlin, Chief Economist at Trulia.
Read More »Foreclosure Inventory Ends 2015 On Rapid Decline
Total non-current inventory dropped to its lowest level since June 2007.
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