Recently, FHFA Director Mel Watt brought up issues facing African American Homeowners and what can be done to fill critical parts of an important mission—ensuring access to credit and ensuring sustainable homeownership for African Americans.
Read More »Credit Score Facelift
As the years go by, technology progresses. New computers and cellphones, more efficient ways of handling paperwork—but what about credit reporting?
Read More »Money to Recovering Cities
When disaster strikes, many individuals first reaction is to make sure everyone is safe, but once the dust settles, it’s time for the city itself to recover. That’s when the Consolidated Appropriations Act of 2017 and the Disaster Recovery Program comes in.
Read More »Noreika: “Nothing so Far Diminishes my Concerns”
The recently announced final ruling regarding The Consumer Financial Protection Bureau (CFPB) and arbitration has troubled many, including the Acting Comptroller of the Currency
Read More »What’s Wrong In Servicing?
In a recent three-day online discussion, industry experts deliberated on the question “Are mortgage servicing costs, complexities, and risks impeding lending?” See what they had to say.
Read More »What companies are merging, who’s moving up, and who’s moving on? See some industry highlights in The Industry Pulse.
Read More »TruAssets and Northsight Management to Merge
TruAssets LLC, a National REO and property preservation service provider, announced Thursday that it is merging with Northsight Management LLC come August 1, 2017. Led by TruAssets’ Steve Johnson as President and Northsight Management’s Josh Sarchet as CEO, they will retain the Northsight Management name.
Read More »RMBS: Housing Market Solid, But For How Long?
Foreclosures are down to a fifth of 2010’s numbers, but a few markets in the U.S. have shown signs of unsustainable over-evaluations. Take a look at what Grant Bailey, Head of Fitch North America RMBS Rating Group has to say about RMBS in the Video Spotlight.
Read More »Rates Go Down, but Things Are Looking Up
Fannie Mae and Freddie Mac backed mortgages are hitting a 15-year high, according to a recent report. However, this is one of the few rates that increased—and that’s a good thing.
Read More »Ocwen to Host Miami Event in Summer of Help & Hope Series
As a part of its “Summer of Help & Hope” series, this Sunday, July 29, Ocwen Financial Corporation along with the National Association for the Advancement of Colored People (NAACP) and NID Housing Counseling Agency (NID) will host an event for Miami area homeowners who are currently struggling with their mortgage.
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