Even though some borrowers across the nation saw an increase in mortgage credit availability in September, that wasn’t the case for everyone. Find out which borrowers saw the squeeze and which saw their availability grow.
Read More »How AI Could Impact the Industry
Both lenders and servicers may be on the verge of integrating artificial intelligence within their business infrastructure. But how close are they? A new survey by Fannie Mae provides some possible answers.
Read More »Judge Denies Motion to Transfer in Lehman Indemnity Suit
A New York Bankruptcy Court recently denied the motion filed by mortgage sellers to transfer a case where they’re defending Lehman Brothers’ claims for third-party indemnity. Here’s why the now defunct bank is suing these companies.
Read More »Ocwen Completes Acquisition of PHH
On Thursday, Ocwen announced the completion of its acquisition of PHH and that Glen A. Messina became the President and CEO of Ocwen and a member of Ocwen’s Board of Directors. Here are the details
Read More »FHFA Seeks Input on Fannie’s Underserved Markets Plans
The FHFA is considering modifications to Fannie Mae and Freddie Mac’s 2018-2020 Underserved Markets Plans under their Duty to Serve program. Here’s what the GSE conservator plans to amend in this program.
Read More »Largest 45 U.S. Cities Ranked by Home Size
A list compiled recently reveals the cities with the biggest homes on average, as well as a means for calculating the best bargain price per size.
Read More »DS News October: The Fight Against Zombie Homes
The October print edition of DS News tackles finding the right tools to strike back against vacant properties, the impact of the Dodd-Frank Act on appraisals, how to expand a real estate brokerage business, and more. Click through for a peek at what’s inside our issue this month.
Read More »How Will Sanders’ Legislation Impact Big Banks?
On Wednesday, Sen. Bernie Sanders introduced a legislation aimed at cutting the size of big banks and financial institutions. Click through to learn more about how the legislation will impact the size of these institutions.
Read More »An Outlook on Single-Family Rental Investments
While the demand for single-family rentals continues to be driven by the affordability of rents, a report on SFR securitizations looked at the possible concerns of a market that has not yet weathered a downturn. Here's how SFR securitizations are performing and the factors impacting them.
Read More »Gateway Mortgage Group Accelerates Recruitment Efforts
Gateway Mortgage Group recently announced accelerated recruitment efforts across the nation to support strong demand for its lending products.
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