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Author Archives: David Wharton

David Wharton, Online Editor at the Five Star Institute, is a graduate of the University of Texas at Arlington, where he received his B.A. in English and minored in Journalism. Wharton has over 15 years of experience in journalism and previously worked at Thomson Reuters, a multinational mass media and information firm, as Associate Content Editor, focusing on producing media content related to tax and accounting principles and government rules and regulations for accounting professionals. Wharton has an extensive and diversified portfolio of freelance material, with published contributions in both online and print media publications. Wharton and his family currently reside in Arlington, Texas. He can be reached at David.Wharton@DSNews.com.

Pavaso Partners With MBH Settlement Group for Digital Closings

Pavaso, headquartered in Plano, Texas, will collaborate with MBH, Virginia’s largest settlement services provider, to offer digital closings. Pavaso is the developer of a digital closing platform that brings lender, title, and borrower together in one single digital portal. MBH has ...

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McCalla Raymer Leibert Pierce Announces Leadership Changes

Atlanta-based McCalla Raymer Leibert Pierce, LLC is pleased to announce that Kerry McInerney has joined the firm as Managing Partner of the firm’s Alabama and Mississippi Litigation and Trial Practice Group. The firm is also pleased to announce that William ...

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Robert Klein, In Memoriam: The Industry Remembers an Icon

It was with great sadness that DS News reported on Friday morning the death of Robert Klein, Chairman and CEO of Safeguard Properties. Klein passed away Thursday night at the age of 65. In addition to his work at Safeguard, ...

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For Houses, Being Green Is Easier Than You Think

An April 2018 membership survey by the National Association of Realtors found that 71 percent of those surveyed felt that the promotion of energy efficiency in their listings was either somewhat or very valuable. However, do eco-friendly features in a ...

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Nationstar Reports Strong Servicing Performance

crowdfunding

Nationstar Mortgage Holdings Inc. announced its Q1 earnings on Thursday, with the company’s GAAP net income hitting $160 million for the quarter. That’s up significantly over Q4 2017, when Nationstar’s GAAP net income was reported at $41 million. On an ...

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Revisiting Single-Family Rental Securitizations

non-owner-occupied

The latest single-family rental report from Morningstar Credit Ratings finds the average vacancy rate across single-borrower, single-family rental securitizations improving for the fifth consecutive month. The average SFR securitization vacancy rate declined to 4.4 percent in March 2018 from 4.6 ...

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Affordability Issues Not Sparing Current Homeowners

It’s no secret that the one-two punch of rising home prices and limited housing inventory has been making life difficult for would-be first-time homebuyers in markets around the country. However, a new consumer survey finds that it’s not just the ...

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Reverse Mortgage-Backed Securities: Good News and Bad News

Issuance of home equity conversion mortgage-backed securities (HMBS) rose to $1.2 billion in April 2018, according to a new report by New View Advisors, “a financial services firm advising clients on capital markets, product development and valuation, mergers and acquisitions, ...

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Ocwen Reports Q1 2018 Earnings, Highlights Debt Forgiveness

Atlanta-based servicer Ocwen Financial Corporation on Tuesday released the details of its earnings for Q1 2018, reporting a net income of $2.6 million for the three months ended March 31, 2018. This is up considerably over Ocwen’s Q1 2017 net ...

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Will Tax Reform Drive Migration in Years to Come?

While many are already examining the near-term effects of the tax reform passed a few months ago, could it have larger implications for where people choose to live in the long run? In a recent Wall Street Journal op-ed, a ...

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