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Author Archives: Jordan Funderburk

DS News Webcast: Monday 12/15/2014

Foreclosure, REO, News, Webcast

Washington, D.C.-based NeighborWorks America, one of the nation's largest community development corporations, announced that more than 1.8 million homeowners have received foreclosure prevention counseling through the association's National Foreclosure Mitigation Counseling Program as of July 31, 2014. Distressed homeowners have utilized ...

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DS News Webcast: Friday 12/12/2014

Foreclosure, REO, News, Webcast

The majority of mortgage industry professionals said they believed that the lowering of the down payment to 3 percent for first-time homebuyers by Fannie Mae and Freddie Mac was a step in the right direction for the housing market, according to the Collingwood ...

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DS News Webcast: Thursday 12/11/2014

Foreclosure, REO, News, Webcast

The number of residential foreclosure filings in the U.S. declined by 9 percent from October to November despite a yearly spike in the number of foreclosure starts, according to RealtyTrac's U.S. Foreclosure Market Report for November 2014 released Thursday. Residential foreclosure filings, which ...

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DS News Webcast: Wednesday 12/10/2014

Foreclosure, REO, News, Webcast

The U.S. Bureau of Labor Statistics reported 4.8 million job openings in the U.S. as of the last day of October 2014, up slightly from the 4.7 million reported at the end of September, but overall things changed little month-over-month, according ...

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DS News Webcast: Tuesday 12/9/2014

Foreclosure, REO, News, Webcast

Following months of talk and speculation, both Fannie Mae and Freddie Mac announced on Monday they will begin allowing qualifying first-time borrowers to purchase homes with just a 3 percent down payment. By lowering the down payment down to 3 percent, leaders from the ...

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DS News Webcast: Monday 12/8/2014

Foreclosure, REO, News, Webcast

U.S. payrolls for November surpassed even the most optimistic forecasts, increasing at the highest rate in more than two years, according to a government estimate. Total nonfarm payroll employment increased by a seasonally adjusted 321,000 in November, following an upwardly revised ...

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DS News Webcast: Friday 12/5/2014

Foreclosure, REO, News, Webcast

Foreclosure completions declined significantly both month-over-month and year-over-year in October, but are still way above pre-recession levels, according to CoreLogic's October 2014 National Foreclosure Report released on Thursday. Foreclosure completions, which are an indicator of the number of homes lost to foreclosure, totaled ...

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DS News Webcast: Thursday 12/4/2014

Foreclosure, REO, News, Webcast

The level of optimism for the housing market in the U.S. for the fourth quarter of 2014 is at its highest level as it has been at any point during the recovery, according to a recent survey conducted by Trulia. The ...

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DS News Webcast: Wednesday 12/3/2014

Foreclosure, REO, News, Webcast

The figures for both sales and median price for existing homes in October nationwide were higher than the 10-year October average, or the average of that data from the previous 10 Octobers, according to the National Association of Realtors. The number of existing ...

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DS News Webcast: Tuesday 12/2/2014

Foreclosure, REO, News, Webcast

Following a slower than expected summer, the U.S. housing market made up some ground in September as most major indicators inched closer to stability. Freddie Mac released its latest Multi-Indicator Market Index, revealing a 0.5 percent uptick in September to a reading ...

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