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Author Archives: Jordan Funderburk

DS News Webcast: Thursday 7/2/2015

Foreclosure, REO, News, Webcast

The Consumer Financial Protection Bureau has issued a request for information regarding its consumer complaint database after going live with an enhanced version of the database last week, according to the CFPB. The Bureau's new enhanced public-facing consumer complaint database ...

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DS News Webcast: Wednesday 7/1/2015

Foreclosure, REO, News, Webcast

The average level of guarantee fees charged on GSE-backed loans has increased by two-and-a-half times from 2009, according to the FHFA's report titled Fannie Mae and Freddie Mac Single-Family Guarantee Fees in 2014 released Tuesday. The report is an analysis ...

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DS News Webcast: Tuesday 6/30/2015

Foreclosure, REO, News, Webcast

Freddie Mac and Fannie Mae experienced a substantial increase in their net income for the first quarter, according to the FHFA's Quarterly Performance Report of the Housing GSEs released Monday. The combined first quarter earnings of Freddie Mac and Fannie ...

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DS News Webcast: Friday 6/19/2015

Foreclosure, REO, News, Webcast

During his testimony this week before the full House Financial Services Committee, U.S. Department of Treasury Secretary Jack Lew stated when asked about GSEs and the conservatorship that the system should be restructured, but the time was not right for ...

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DS News Webcast: Thursday 6/18/2015

Foreclosure, REO, News, Webcast

Eligible borrowers and their heirs will be able to claim uncashed payments totaling about 280 million dollars made pursuant to the 2013 Independent Foreclosure Review Payment Agreement through their respective states' escheatment processes, according to an announcement from the Office of the ...

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DS News Webcast: Wednesday 6/17/2015

Foreclosure, REO, News, Webcast

The national composite default index reported a historic low for the second month in a row in May, one of four out of five national indices to report historic lows for the month, according to S&P Dow Jones Indices and S&P/Experian ...

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DS News Webcast: Tuesday 6/16/2015

Foreclosure, REO, News, Webcast

The Federal Housing Finance Agency's activities in 2014 to achieve the strategic goal of maintaining foreclosure prevention activities and fostering resilient housing markets included HARP outreach, loss mitigation strategies, and non-performing loan sales, according to FHFA's 2014 Report to Congress released Monday. ...

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DS News Webcast: Monday 6/15/2015

Foreclosure, REO, News, Webcast

The Federal Housing Administration on Friday announced revisions to its Home Equity Conversion Mortgage program that will allow FHA-approved lenders to offer more options to eligible surviving non-borrowing spouses. The revisions announced Friday allow for the deferral of due and ...

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DS News Webcast: Friday 6/12/2015

Foreclosure, REO, News, Webcast

Freddie Mac announced Thursday that it sold 157 deeply delinquent non-performing loans totaling about 31 million dollars in aggregate unpaid principal balance in its first-ever Extended Timeline Pool Offering sale on June 3. EXPOs differ from Freddie Mac's Standard Pool Offerings in ...

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DS News Webcast: Thursday 6/11/2015

Foreclosure, REO, News, Webcast

While the number of foreclosures has been steadily declining since reach a peak four to five years ago, large percentages of the nation's foreclosures are still concentrated in a few areas. CoreLogic's April 2015 National Foreclosure Report released this week ...

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