Daily Dose

Fannie Mae's Q2 earnings report still contained several positives, among them liquidity provided to the mortgage market and credit risk transfer, despite a year-over-year decline in profitability.

HUD recently published a housing scorecard reviewing the monthly analysis of the housing market and the government programs implemented for the mortgage industry.

For those in the mortgage and servicing industry, the foreclosure process, though different in every state can be simplified into a process that is familiar to all. But when discussing foreclosures in other countries, how are those processes similar to that of the U.S.?

Recently Governor Jerry Brown of California spoke during a White House conference call to reporters on his frustrations with Fannie Mae and Freddie Mac and their reservations on promoting the federal loan program for home energy and improvements.

The first quarter this year was not kind to non-bank mortgage servicers, earnings-wise and likewise, the industry has seen that the second quarter has not been so great, either.

Despite recent chatter about whether certain markets are entering housing bubble territory again, potentially risky cities are far from facing a housing bubble.

The rate at which home prices have appreciated over the last year is not expected to slow down over the next year.

Nationwide bankruptcy filings were about 14 percent lower in July 2016 compared with a year earlier, continuing an ongoing trend of decline.

Freddie Mac’s Q2 net income, most of which will send to the U.S. Treasury, is a major recovery from its Q1 net loss.

CFPB has proposed a set of consumer protection principles to guide mortgage servicers, investors, government housing agencies, and policymakers as they develop new foreclosure relief solutions.