Helping families avoid foreclosure is one of the stated goals of Fannie Mae and Freddie Mac since the conservatorships began more than seven years ago.
Read More »Counsel’s Corner: Ruling Puts Lenders on the Hook for Unpaid Assessments
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 Louis Manetti of Codilis & Associates.
Read More »It’s Official: The Fed Finally Raises Rates
The Federal Reserve made the long-awaited, much-anticipated announcement on Wednesday afternoon that federal funds target rate will increase by 25 basis points from its near-zero level where it has been since 2006.
Read More »Fannie Mae: Expect Housing Expansion Next Year Despite Persistent Headwinds
Why is the outlook for housing so bright for 2016?
Read More »Continued Economic Growth Vital for Still-Challenged Markets
With foreclosure volumes—and the need for loss mitigation—on a steady decline, the question is whether or not housing markets can sustain their growth.
Read More »Potestivo & Associates Expands with New Office
Potestivo & Associates, a legal solutions provider for the real estate finance and credit industries headquartered in Rochester Hills, Michigan, has announced the opening of a new office in Downtown Rochester Hills.
Read More »Are Rising Consumer Credit Default Rates Becoming a New Trend?
Consumer credit default rates, including first and second mortgage default rates, increased for the second consecutive month in November. Should the industry be concerned?
Read More »Here’s what Home Price Growth and Declining Negative Equity Mean for the Housing Market in 2016
The number of homes with equity has been on the rise while the number of homes with negative equity has been falling. What are the implications for the mortgage market and for the overall economy?
Read More »Why is the Gap for Risk Between First-Time and Repeat Homebuyers Widening?
First-time homebuyer loans are becoming riskier.
Read More »How are Residential Mortgages Performing at the Largest Banks?
What effect has the improved economy had on the share of mortgages at the largest banks that are current and performing, as well as on those that are delinquent?
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