Are the rules and agencies put in place to prevent a repeat of the 2008 financial collapse actually setting us up for a repeat after all?
Read More »Zombie Property Fight Reaches National Level
Some states have enacted legislation at the state level to fight vacant and abandoned properties. Now there is a federal proposal to address the problem.
Read More »The Week Ahead: Economy Looks to Escape Q1 Doldrums
Post-crisis, economic growth in the first quarter has generally been weak, and so far 2016 has been no exception. What will the third and final GDP estimate hold for the the U.S. economy? The industry will find out on Tuesday, June 28.
Read More »New York Takes Aim at Zombie Properties
New York joined other states that are passing legislation to deal with the nationwide problem of vacant and abandoned properties.
Read More »Ocwen Reaches Settlement In HAMP, FHA Suits
Those suits sought damages intended to triple the total HAMP and FHA payments made on Ocwen-serviced loans, or roughly $5,500 to $11,000 per alleged false claim, according to Ocwen's SEC filing.
Read More »How Will Brexit Affect American Markets?
The Federal Reserve issued a statement early Friday saying it is “carefully monitoring developments in global financial markets, in cooperation with other central banks” as a result of the U.K.’s vote to exit the European Union.
Read More »Counsel’s Corner: The Power of State AGs
Stephen M. Hladik, partner with Hladik, Onorato & Federman, LLP, (HOF Law Group), recently spoke with DS News about a statute of limitations issue that has implications for all lenders and servicers.
Read More »New Home Sales Retreat as Supply Holds Steady
New home sales are up from their 2011 trough but still well below their pre-crisis norms.
Read More »Ginnie Mae Passes Freddie Mac in Outstanding MBS
Ginnie Mae's public-private partnership has enabled more than 10 million families achieve the American dream, according to Ginnie Mae president Ted Tozer.
Read More »Fed: 33 Largest Banks Pass Stress Tests
The hypothetical severe economic scenario for which the banks were tested would result in about $385 billion in losses for the 33 firms tested.
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