Daily Dose

Next week, on Wednesday, November 4, the FHA via a complimentary webinar will offer guidance on the Claims Without Conveyance of Title (CWCOT) program "in which the mortgagee attempts to secure a third-party purchaser for the mortgaged property so that ...

Speaking at this week’s virtual 2020 National Property Preservation Conference, Jacob Williamson, VP for Single-Family Collateral Risk Management at Fannie Mae, offered insight into how the housing finance company has managed property preservation amid the COVID-19 pandemic.     When COVID-19 shelter-in-place protocols were introduced this year, vendors and servicers maintaining properties faced major challenges.   “We've observed ...

In this week's episode of DS5: Inside the Industry, the show is joined by Richard Ferguson, President of CBC Mortgage Company. Ferguson, who runs the company's Chenoa Fund, discussed how his company is "leveraging technology," especially during these quickly changing times. ...

Forbearance activities rose by 1% this past week, says researchers at Black Knight, which tracks forbearances by the week. "We saw the number of mortgages in active forbearance rise by 31,000," they said. "This increase was driven by limited extension ...

The FHFA released its Annual Housing Report Friday. It outlines Freddie Mac's and Fannie Mae's 2019 affordable housing activities, fulfilling a requirement of 1992's Safety and Soundness Act, and more. To put it all in context, the report showed that ...

From new appointments and research to new technology and accolades, get the latest buzz on the industry in this update. The founder of Orlans PC in Troy, Michigan, Linda Orlans, has been selected by the Michigan Supreme Court to serve ...

The government-sponsored enterprises (GSEs) recorded increases in their respective comprehensive and net income levels in their newly released third quarter earnings reports. Fannie Mae posted a net income of $4.2 billion in the third quarter, up from $2.5 billion in ...

Americans responded questions related to housing policy in an early October Redfin survey of over 3,000 U.S. adults. Researchers asked about respondents' views on down payment assistance, government incentives to create low-income housing, view on government incentives for builders to ...

In September 2019, President Donald Trump and his administration initiated a process whereby GSEs Fannie Mae and Freddie Mac would exit conservatorship. Former Freddie Mac CEO Don Layton, now a Senior Industry Fellow at Harvard's Joint Center for Housing Studies, ...

Property data provider ATTOM Data Solutions Thursday reported that about 1.6 million residential properties, or 1.6% of all U.S. homes, are vacant. That is according to the Q4 2020 Vacant Property and Zombie Foreclosure Report, which offers a snapshot of ...