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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 [email protected].

Mitigating Risk Exposure During Stressed Periods

credit scoring

A new credit assessment tool can help servicers mitigate risk and prevent loss during difficult economic periods, industry experts say, according to a complimentary MReport webinar last week entitled “How Mortgage Servicers Can Mitigate Risk Exposure in a Volatile Environment,” ...

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Why Investing in Single-Family Rentals is ‘A Good Bet’

Lenders are looking to cash in on demand for larger living spaces and investors' optimistic attitude toward suburban living, according to a Bloomberg report. In the aftermath of the foreclosure crisis, Tom Byce, helped to build a single-family rental business. ...

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HUD Reminds States to Use Government Grants to Help Homeowners

The U.S. Department of Housing and Urban Development (HUD) Friday issued a reminder to all grantees--states, cities, communities, and nonprofits-who received Emergency Solutions Grants (ESG) or Community Development Block Grant (CDBG) fund--that they may use these funds to provide rental ...

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The Week Ahead: The Need for Financial Aid During Pandemic

The U.S. House Committee on Financial Services Chairwoman Maxine Waters (D-CA) announced the month's schedule of virtual and hybrid hearings. Among them, this Tuesday at noon will be a presentation addressing, "The Need for Financial Aid to America’s States and ...

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Intercontinental Exchange Acquires Ellie Mae

Franklin American

Intercontinental Exchange, operator of global exchanges and clearing houses and provider of mortgage technology, data and listing services, today announced that it has received regulatory approval and fully completed its $11 billion acquisition of Ellie Mae from the private equity ...

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Cities With Most Distressed Homeowners

It has been widely reported that a wave of foreclosures similar to levels seen during the Great Recession is unlikely to occur despite the continuing economic hardship caused by the COVID-19 pandemic.   Homeowners are in a much better position to weather this crisis, in ...

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Despite Protections Mass Evictions Are Predicted

House for rent

Despite eviction and foreclosure moratoria, recently extended at federal levels—first from FHFA, FHA, and, later, the CDC—the country is in for a flood of eventual evictions, according to research collected by Bloomberg. The report also explored how, with a current shortage in housing, ...

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Why Pending Foreclosure Wave Won’t Be Like the Last One

There is little doubt that the COVID-19 pandemic will give rise to more foreclosures, but industry professionals predict conditions won’t be nearly as bad as they were in 2008-2010, for a few reasons.   A prominent housing analyst told Bankrate.com to expect hundreds of thousands of defaults next year as mortgage forbearance periods end. ...

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