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 Andrea Tromberg, Managing Partner with Florida-based Gladstone Law Group.
Read More »Fed: Tight Inventory Still Dogs Housing Markets
Contacts in the Fed's 12 districts reported mixed but slightly improved housing markets since the previous Beige Book was issued.
Read More »How Effective are Fannie Mae and Freddie Mac at Preventing Foreclosures?
It may be tougher to qualify for a mortgage loan to buy a home now than it was 10 years ago. But at least Fannie Mae and Freddie Mac are helping borrowers who already have homes to stay in them.
Read More »Consumer Expectations Are Lower Across the Board
According to the New York Fed, consumers are growing less optimistic about their financial and employment prospects.
Read More »Amid Optimism for America, Obama Fails to Mention Housing Policy
In his final State of the Union Address, President Obama spoke of the hope for America that has permeated his speeches during his seven years in office. Much like last year, however, housing policy was noticeably absent from his remarks.
Read More »Home Purchase Loans Are Becoming Less Risky
The risk of default is greater in some channels than in others.
Read More »Fannie Mae Offers Largest Delinquent Loan Sale to Date
The latest non-performing loan sale, Fannie Mae's fourth overall, will include a smaller Community Impact Pool.
Read More »Foreclosure Inventory Down to One-Third of its Peak
Whether or not housing has "recovered" is still being debated, but this much is certain: the foreclosure rate is one-third of what it was at its peak five years ago, an improvement deemed "remarkable" and "solid" by one economist.
Read More »Castro Fans Flames of VP Speculation
HUD Secretary Julián Castro raised his public profile with an appearance on the Late Show with Stephen Colbert Monday night on the eve of the State of the Union address, furthering speculation that he could be running for vice president ...
Read More »Castro Fans Flames of VP Speculation
The HUD Secretary raised his public profile with appearance on the Late Show with Stephen Colbert Monday night on the eve of the State of the Union address, furthering speculation that he could be Hillary Clinton's running mate.
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