Home / Author Archives: David Wharton (page 9)

Author Archives: David Wharton

Former Washington Mutual Parent Company Acquires Mr. Cooper

Francis Lobo

Nationstar Mortgage, the Coppell, Texas-based mortgage servicing company that recently rebranded itself as Mr. Cooper in an effort to grow out of a niche closely associated with the Great Recession, is merging with the holding company that formerly owned Washington ...

Read More »

The Industry Pulse: Updates on Mr. Cooper, Black Knight, and More …

Industry

Which companies are merging, and what professionals are moving? See some highlights in this update of the housing and mortgage industries. WMIH Corp and Nationstar Mortgage Holdings Inc., with its flagship brand Mr. Cooper (formerly Nationstar), announced a merger earlier this week. The Dallas, Texas-based ...

Read More »

Ginnie Mae MBS Outstanding Issuance Approaches $2 Trillion

On Thursday, Ginnie Mae—the government-owned corporation that attracts global capital into the housing finance system—announced that issuance of its mortgage-backed securities (MBS) totaled $36.41 billion in January 2018. This brings Ginnie Mae’s total outstanding principal balance to $1.924 trillion, up ...

Read More »

FEMA Aid for Some Displaced Puerto Ricans Running Out

hurricane maria

At the beginning of February, HUD announced that $1.5 billion in aid was being allocated toward Puerto Rico’s recovery from a brutal hurricane season, designed to “support long-term recovery of seriously damaged housing and local businesses in Puerto Rico,” according ...

Read More »

Exploring Ethics in REO

homebuyers

On Thursday, February 15, from 2:00 p.m. to 3:00 p.m. CST, the Five Star FORCE (The Federation of REO Certified Experts) will host the “Ethics Matter” webinar. The presentation will focus on the value of ethics in real estate as ...

Read More »

Best Housing Rental Investment Markets for 2018

According to CoreLogic Chief Economist Dr. Frank Nothaft, single-family rental stock has been booming in recent years, with CoreLogic reporting an increase by more than one-third over the past decade. But like the old saying goes, rental investment is all ...

Read More »

CFPB Asked to Repeal Mortgage Servicing Amendments

A group of a half dozen trade associations recently sent a letter to Mick Mulvaney, Acting Director of the Consumer Financial Protection Bureau. The letter raises objections over 2016 amendments to the CFPB’s  2013 RESPA and TILA Mortgage Servicer Rule, ...

Read More »

GET YOUR DAILY DOSE OF DS NEWS

Featuring daily updates on foreclosure, REO, and the secondary market, DS News has the timely and relevant content you need to stay at the top of your game. Get each day’s most important default servicing news and market information delivered directly to your inbox, complimentary, when you subscribe.