High performance of first-lien mortgages and declining foreclosure activity spelled a healthy servicing market for the first quarter of 2016, according to the OCC.
Read More »Freddie Mac Hits Credit Risk Transfer Milestone
Freddie Mac has obtained three new insurance policies under its Agency Credit Insurance Structure (ACIS) program, representing the largest aggregate transaction to date, and a new milestone reached.
Read More »Will Housing Overcome Economic Slowdowns?
In the latest Nowcast, Ten-X discusses projections for the housing market in the face of recent economic headwinds and the possible effects of last week's Brexit vote on housing.
Read More »Treasury: GE Capital No Longer Too Big To Fail
The FSOC rescinded the SIFI label from one firm—but continues to fight a judge's removal of the SIFI tag from another.
Read More »Ex-FHFA Chief Makes Case for Radical Housing Reform
What does Ed DeMarco, acting director of the FHFA for four years, think is the most effective way to move the GSEs out of the FHFA's conservatorship?
Read More »Demand Retreats Despite Stronger Fundamental Drivers
Why did demand for housing reverse after five months of gains despite improved fundamental drivers from last year?
Read More »Housing Market Weathering Ongoing Headwinds
Much of the reason for the optimism lies in the fact that delinquency rates are down nearly across the board and are zeroing in on pre-bust levels.
Read More »Senate Debates Impact of Financial Regulatory System
Are the rules and agencies put in place to prevent a repeat of the 2008 financial collapse actually setting us up for a repeat after all?
Read More »Zombie Property Fight Reaches National Level
Some states have enacted legislation at the state level to fight vacant and abandoned properties. Now there is a federal proposal to address the problem.
Read More »Ocwen Reaches Settlement In HAMP, FHA Suits
Those suits sought damages intended to triple the total HAMP and FHA payments made on Ocwen-serviced loans, or roughly $5,500 to $11,000 per alleged false claim, according to Ocwen's SEC filing.
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