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Author Archives: Brian Honea

Brian Honea's writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master's degree from Amberton University in Garland.

Fannie Mae’s Gross Mortgage Portfolio Dips Below $400 Billion

In May, the GSE's gross mortgage portfolio shrank at a compound annualized rate of 25.9 percent, from $405.1 billion down to $395.1 billion. It was the first time since before the conservatorship began in September 2008 that the value of the gross mortgage portfolio dipped below $4 billion.

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Shapiro & Ingle Adds Four New Attorneys

Default servicing law firm Shapiro & Ingle, with offices in Alabama, North Carolina, and Tennessee, has announced the addition of four new attorneys – William Harris, Megan Hawn Gilbert, Candace Turner, and Erin Roberts – to the firm.

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Monitor Reports One Failed Metric In NMS Compliance Update

Smith reported that Green Tree had completed eight corrective action plans (CAPs) to address root causes of fails that had previously been uncovered, and that he found no evidence of any failures during the "cure period," which is the amount of time in which the servicer has a chance to fix the issues.

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SFR Vacancy Rate Stays Flat While Delinquency Rate Rises Slightly

Vacancy rates among single-family rental securitizations remained relatively flat month-over-month despite a general trend of a rising number of lease expirations, according to data reported by Morningstar Credit Ratings in its June 2015 Single-Family Research: Performance Summary Covering All Morningstar Rated Securitizations released Monday.

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Agency Purchase Loans Increase Substantially; Risk Index Hits Series High

May's NMRI stood at 12.33 percent, which was an increase of 0.4 percentage points from the prior three-month average and a jump of 0.7 percentage points from May 2014, according to AEI. The composite risk index reached a series high, as did the index for Veterans Affairs-backed loans, while the share of high-risk loans backed by the Federal Housing Administration (FHA) increased.

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Assure360 Welcomes New VP of Shared Services

Technology and outsourcing solutions firm assure360 has announced that Tracy Wierzelewski has been named the company's VP of shared services, according to the company's Chief Operations Officer, Adam Hansen.

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