The IDR process is specifically designed to address alleged loan-level breaches of selling representations or warranties that remain unresolved after completion of the appeals process.
Read More »From Distressed to Success? Lawmakers Demand More Info from HUD
Do investors and private equity firms that buy distressed loans really help borrowers achieve the best outcomes? Two Democratic lawmakers want to know.
Read More »Freddie Mac Further Expands Credit Risk Sharing Initiatives
The GSE continues to transfer credit risk away from taxpayers to private investors and expand its investor base.
Read More »Citigroup Starts to Show Distressed Consumers the Money
The bank has until 2018 to pay the remaining $1.8 billion in consumer relief under the terms of the settlement.
Read More »Economic Uncertainty Is Not Dampening Housing for 2016, So Far
The indicators show that the spring of 2016 will be the best season in a decade for the housing market.
Read More »Falling Fast: UPB of Fannie Mae’s Mortgage Portfolio Plummets
In December, the portfolio's value fell even further below the cap for 2015 and remains slightly higher than the 2016 cap.
Read More »The Hawkeye Hustle: Presidential Candidates Still Dancing Around Housing Policy
The 2016 Presidential Race officially kicked off last night in Iowa. Curiously, the topics of housing and homeownership have been noticeably absent from their campaign speeches.
Read More »Active Foreclosure Inventory Backlog is Clearing Out
At the end of 2015, the number of homes in foreclosure was the lowest since 2006.
Read More »The Week Ahead: Waiting to See if the Jobs Report Measures Up
Will the labor market be able to sustain the solid job growth it experienced in the last three months of 2015?
Read More »MERS Emerges Triumphant
The legal authority of Mortgage Electronic Registration Systems has repeatedly been challenged, and MERS has repeatedly come out on top.
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