Home / Author Archives: Jordan Funderburk (page 12)

Author Archives: Jordan Funderburk

DS News Webcast: Tuesday 4/28/2015

Foreclosure, REO, News, Webcast

A consistent and steady decline in shadow inventory, which is the number of residential properties that are in foreclosure but not being sold because the owner is waiting for price appreciation, has been a broad trend nationwide, according to National Association ...

Read More »

DS News Webcast: Monday 4/27/2015

Foreclosure, REO, News, Webcast

Bank of America has requested an appeals court to dismiss a $1.127 billion court-imposed penalty against the bank over mortgage fraud and has also asked that the judge who imposed the penalty be removed from the case. The Charlotte, North Carolina-based ...

Read More »

DS News Webcast: Tuesday 4/14/2015

Foreclosure, REO, News, Webcast

Following a disappointing year for housing in 2014, analysts expect housing to rebound in 2015 and reach a point of "sustainable recovery," according to a recent report from the Wall Street Journal. Economists at both Fannie Mae and Freddie Mac have stuck to their predictions that housing will ...

Read More »

DS News Webcast: Monday 4/13/2015

Foreclosure, REO, News, Webcast

The court battle between the Federal Housing Finance Agency and Nomura Holdings is nearing a climax after three weeks, as both sides have presented closing arguments. Nomura and the Royal Bank of Scotland, also a defendant in the case, are the first ...

Read More »

DS News Webcast: Friday 4/10/2015

Foreclosure, REO, News, Webcast

Despite a brutal winter and a slowdown in economic activity in the first quarter, Freddie Mac is sticking to its previous prediction that 2015 will be the best year for home sales since 2007, according to Freddie Mac's U.S. Economic and Housing Report for April ...

Read More »

DS News Webcast: Thursday 4/9/2015

Foreclosure, REO, News, Webcast

Fannie Mae announced on Wednesday that it will make available for purchase to qualified bidders a bundle of approximately 3,200 non-performing single-family residential mortgage loans totaling about $786 million in unpaid principal balance. This will be Fannie Mae's first bulk ...

Read More »

DS News Webcast: Wednesday 4/8/2015

Foreclosure, REO, News, Webcast

The optimism expressed by consumers toward the economy and the housing market at the beginning of the year has stalled as consumers' attitudes toward personal finances and wage growth have taken a step backward, according to Fannie Mae's March 2015 ...

Read More »

DS News Webcast: Tuesday 4/7/2015

Foreclosure, REO, News, Webcast

The percentage of short sales and REO sales jumped by 2.2 percentage points in the first quarter of 2015, the largest increase since the first quarter of 2012, according to data released by Clear Capital on Monday. Three years ago, ...

Read More »

DS News Webcast: Monday 4/6/2015

Foreclosure, REO, News, Webcast

Distressed property sales accounted for just 12.7 percent of residential real estate transactions nationwide in 2014, the lowest share since 2007, according to Black Knight's February 2015 Mortgage Monitor released today. The share of distressed sales for 2014 was down ...

Read More »

DS News Webcast: Friday 4/3/2015

Foreclosure, REO, News, Webcast

In a report to be released today titled Analysis and Study of CFPB Consumer Complaint Data Related to Mortgage Servicing Activities, Black Knight Financial Services and the Five Star Institute seek to provide context and insight to mortgage complaints received ...

Read More »