After two consecutive monthly spikes early in the year, bankruptcy filings are headed back down.
Read More »Counsel’s Corner: Putting Foreclosures on the Fast Track
Robert R. Hoose, Vice President with the Law Offices of John D. Clunk Co., LPA, recently talked to DS News in depth about a foreclosure reform bill which he played a key role in developing and moving through the state legislature in Ohio.
Read More »LenderLive Announces New Organizational Structure
Domestic-based mortgage services provider, LenderLive, recently announced a new organizational structure that aligns its various business divisions under two broad units—mortgage and services—as well as corresponding leadership changes.
Read More »‘Dud’ Jobs Report Creates Dark Housing Forecast
The nation’s unemployment rate took a tumble from April to May, but by and large that was the only good news from Friday's BLS employment situation for May 2016.
Read More »Freddie Mac Unloads More Deeply Delinquent Loans
As part of its strategy to reduce the liquid assets in its mortgage portfolio, Freddie Mac has now sold $4.3 billion worth of non-performing loans.
Read More »Fed Makes it Tougher for Banks to be ‘Big’
While the debate continues over whether or not “Too Big to Fail” still exists, the Federal Reserve is trying to give the “big” banks an incentive to get smaller.
Read More »Plaintiffs Score a Victory in GSE Profit Sweep Suits
Why did a panel deny the FHFA's request to transfer four cases involving the GSE Profit Sweep to a district court in Washington, D.C.?
Read More »Eight Firms Settle RMBS Fraud Claims with FDIC
The six lawsuits filed by the FDIC involve the sales of 21 Countrywide residential mortgage-backed securities purchased by five failed FDIC-insured banks.
Read More »Homeownership: Is the Opportunity There?
While mortgages are performing better and the default space occupies a much smaller portion of the mortgage industry than it did at its peak six years ago, one troubling stat lingers.
Read More »Issuer of Ginnie Mae RMBS Settles with SEC
The SEC announced that the company and six senior executives will pay to settle charges that they "orchestrated a scheme to defraud investors."
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