Regulators accused the bank of engaging in "reckless" underwriting practices on mortgage loans insured by the FHA.
Read More »Clayton Holdings Named Representation and Warranty Reviewer for Angel Oak Capital’s New Non-Prime Securitization
Clayton Holdings LLC, a provider of loan due diligence, surveillance, REO management, and consulting services to the mortgage industry, announced that it was selected by Angel Oak Capital Advisors, LLC to be the representation and warranty reviewer for a $150.4 million private-label securitization of non-prime whole loans.
Read More »FHFA Allows for Third Parties to Solve Loan Repurchase Disputes
The IDR process is specifically designed to address alleged loan-level breaches of selling representations or warranties that remain unresolved after completion of the appeals process.
Read More »BP Fisher Law Group Moves Maryland Office to New Location
BP Fisher Law Group, LLP, a firm that provides cradle-to-grave loss mitigation and default related services for commercial lenders with non performing loans (NPLs), recently announced that it has moved its Maryland office.
Read More »The Hawkeye Hustle: Presidential Candidates Still Dancing Around Housing Policy
The 2016 Presidential Race officially kicked off last night in Iowa. Curiously, the topics of housing and homeownership have been noticeably absent from their campaign speeches.
Read More »Will Buy-to-Rent Strategy Continue Gaining Momentum in SFR Space?
The newest business feature of the single-family rental market is comprised of large investors—backed by private equity—that use a buy-to-rent strategy, but how does this size up compared to traditional, professionally-manged apartment complexes and will these businesses last?
Read More »The Great Debate: Has the Homeownership Rate Bottomed Out?
The rate has ticked up for two consecutive quarters after hitting a 48-year low last year. But is it going to get any better?
Read More »Do Declining Oil Prices Affect Homeownership?
In theory, lower oil prices should be positive for the economy. Does it trickle down to the housing market?
Read More »Is the CFPB Abusing Its Power?
One case has many in the mortgage industry questioning whether or not the Consumer Financial Protection Bureau's (CFPB) power and authority is being used unjustly.
Read More »Orlans Moran Partner Elected as Director-at-Large for Board of Directors of the Real Estate Bar Association of Massachusetts
Orlans Moran, PLLC, announced that Julie Taylor Moran, Principal of Orlans Moran has been elected as a Director At-Large for the Board of the Directors of The Real Estate Bar Association of Massachusetts.
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