Home / Author Archives: Christina Hughes Babb (page 49)

Author Archives: Christina Hughes Babb

Christina Hughes Babb is a reporter for DS News and MReport. A graduate of Southern Methodist University, she has been a reporter, editor, and publisher in the Dallas area for more than 15 years. During her 10 years at Advocate Media and Dallas Magazine, she published thousands of articles covering local politics, real estate, development, crime, the arts, entertainment, and human interest, among other topics. She has won two national Mayborn School of Journalism Ten Spurs awards for nonfiction, and has penned pieces for Texas Monthly, Salon.com, Dallas Observer, Edible, and the Dallas Morning News, among others. Contact Christina at christina.hughesbabb@thefivestar.com.

Bell Bank Hires Schwab as Chief Risk Officer

Minneapolis-based Bell Bank has hired Jesse Schwab as EVP/Chief Risk Officer, with oversight of all non-credit related risk management for Bell Bank and its divisions. Schwab has joined Bell’s executive leadership team and has offices at Bell’s Minneapolis–Colonnade and Bloomington–Bell Plaza locations. “We’re excited to have Jesse join our growing Bell team,” ...

Read More »

A Week of ‘Strong Forbearance Improvement’

After declining by 5% last week, the number of mortgage loans actively in forbearance dropped again this past week, according to Black Knight, which calls the week of November 3-10 one of "strong forbearance improvement." "The decline was seen across ...

Read More »

Mortgage Professionals Gather to Discuss Diversity and Inclusion

Five Star Global’s American Mortgage Diversity Council (AMCD) this week hosted its Fall Virtual Member Meeting, “Connecting Across Distances,” during which industry professionals gathered to address race and inclusion.   AMDC’s Vice-Chair Jodi Gaines, Chief Client Officer at Insight One Financial, says she believes this type of event is invaluable ...

Read More »

The Week Ahead: FHA Discusses CWCOT Changes

This week, on Wednesday, November 18, representatives from the Federal Housing Administration (FHA) via a complimentary webinar will offer guidance on the Claims Without Conveyance of Title (CWCOT) program "in which the mortgagee attempts to secure a third-party purchaser for ...

Read More »

DS5: Preparing for Forbearance Exits

This episode of DS5: Inside the Industry features Jesse Roth, SVP of Strategic Partnership & Business Development at Auction.com. Roth delves into the ways in which his industry is preparing for forbearance exits by focusing on automation to help manage ...

Read More »

Remembering FDIC’s First Chief Economist

Following a four-year battle with brain cancer, Dr. Richard Alan Brown, 58, died November 8. The Ashburn, Virginia, resident served as the first Chief Economist at the Federal Deposit Insurance Corporation (FDIC), where, according to an obituary on the Adams-Green ...

Read More »

FHFA Approves Forbearance-Program Extension

GSE loans

To support homeowners and mortgage lenders, the Federal Housing Finance Agency (FHFA) announced in a press release Thursday an extension of a temporary policy that allows for the purchase of some single-family mortgages in forbearance that meet eligibility criteria set ...

Read More »

30-Day Delinquencies at Lowest Rate Since 1979

A survey published Tuesday by the Mortgage Bankers Association (MBA) showed that among mortgage loans on one-to-four-unit residential properties, delinquencies decreased to a seasonally adjusted rate of 7.65% of all loans outstanding at the end of this year's Q3. For ...

Read More »

The ‘Unclear’ Future of the Community Reinvestment Act

A primary goal of 1977's Community Reinvestment Act (CRA) was to reverse the effects of redlining, a practice by which the federal government and banks actively avoided lending to borrowers from lower-income and minority neighborhoods. Some housing advocates believe pending ...

Read More »

Your Daily Dose of DS News

Get the news you need, when you need it. Subscribe to the Daily Dose of DS News to receive each day’s most important default servicing news and market information, absolutely free of charge.