Ocwen Financial Corporation has partnered Bridgeport Neighborhood Trust to assist families who may be behind on their mortgages. Find out how Ocwen is teaching families about their loan modification options.
Read More »Helping Delinquent Borrowers Save Their Homes
As part of the GSE conservatorship, the FHFA measures how effective Fannie and Freddie are at keeping delinquent borrowers in their homes. See what steps the GSEs took in the quarter to tackle delinquency and foreclosure.
Read More »The Thin Red Line
Real estate professionals are reporting that borrowers of color with good income and good credit are still finding it challenging to get loans to purchase homes. Editor’s Note: This feature originally appeared in the September issue of DS News.
Read More »How to Improve Affordable Housing
In an effort to improve affordable housing options in the U.S., Fannie Mae will be accepting new ideas through the Innovation Challenge. Find out how to submit here.
Read More »Powell: Interest Rate Hike Reflects Strong Economy
On Wednesday, the Federal Reserve voted unanimously to raise the interest rate to 2.20 percent. Hear from experts on the rate hike's impact.
Read More »Florida Supreme Court Clarifies Deadline on Foreclosure Surplus Funds
In a recent ruling, the Florida Supreme Court made a clarification on the 60-day limitations period governing the claim for surplus funds after a judicial foreclosure sale. Here’s how this ruling aims to balance certain contentious issues.
Read More »Fannie Mae Updates Reverse Mortgage Policies
With a goal of improving efficiency and easing the burden on servicers, Fannie Mae released an update to its Reverse Mortgage Loan Servicing Manual. See how the update can make servicing a little easier.
Read More »The Rising Value of Senior’s Homes
Homeowners aged 62 and up are sitting on trillions in home equity, and rising. Click through to find out how senior mortgage debt and increased home values impacted equity.
Read More »The Cost of Rebuilding After Florence
Hurricane Florence left its mark on the Carolinas, but for the many residents who were uninsured, the rebuilding process will be a struggle. Find out how the hurricane's aftermath is impacting its victims.
Read More »What’s Driving Default Risk?
Despite a strong economy a new study reported an increase in default risk in Q3. What factors are driving these increases?
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