Christopher Carman has been in the mortgage servicing industry for over twenty years, and he spoke to DS News about the challenges facing servicers, how to better protect against fraud, and his thoughts on the case against the CFPB. Editor’s note: This feature originally appeared in the November issue of DS News.
Read More »Fixing Post-Crisis Foreclosure and Rental Issues
After many single-family homes went into foreclosure after 2008, investors, instead of re-selling, turned these homes into rentals. Here's how one expert proposes addressing the affordability issues this trend has brought.
Read More »Los Angeles Vacancies Outpace Homeless Population
Los Angeles is plagued with vacant homes, but more data may be needed to paint a full picture.
Read More »Judge Hands Down Verdict in PennyMac Default Case
In a recent case, Myles v. Pennymac Loan Services, LLC, a court ruled that default has no impact on assignment. Here's why.
Read More »Reassuring News for Housing Investors
Home values have been rising every quarter for the past eight years, however, one city has investors showing caution going into 2020.
Read More »Fannie and Freddie Lead Home Loan Risk Decline
New data from the American Enterprise Institute indicates that as credit has tightened, mortgage risk has fallen among GSE borrowers. Here's who has seen risk decrease the most.
Read More »Where Investors Should Show Caution
Some cities have been seeing cooling home values outside of the norm. Here's where investors may want to hold off on buying into for now.
Read More »Las Vegas Foreclosures are Dwindling
While Las Vegas was “ground zero” for the real estate bubble, the city has show signs of recovery in recent years. Here's how the city's shrinking number of foreclosed home sales reflect that recovery.
Read More »Could a Vacancy Tax Help Los Angeles’ Affordability Crisis?
Housing activists propose taxing those who let housing units stay empty, as the city struggles with rising home and rent prices.
Read More »Maxine Waters Opposes Proposal to Alter Fair Housing Act
The Chairwoman of the House Financial Services Committee said the Department of Housing and Urban Development’s ability to carry out its mission would be “seriously compromised” if it moves forward with the proposed changes to the disparate impact standard.
Read More »