The Federal Open Market Committee held its sixth meeting on Wednesday to discuss monetary policy and the potential of an interest rate hike, which is expected to happen at least once before the close of 2017.
Read More »Elevating Business in the REO Landscape
The reality is that REO inventories are down and it is more and more difficult for brokers to get business that used to come readily. What can you do to get more business when there is less inventory? How can you get more business when there is actually less business out there? Editor’s Note: This feature first appeared in the September issue of DS News available now.
Read More »Legal League 100: Professionalism Brings Success
Celebrating a decade of representing financial-services law firms and over 120 members, Legal League 100 met Wednesday for their Fall Summit. Five Star President and CEO attributed this success to one thing: professionalism.
Read More »FHA Loans Could Lead to Portfolio Growth for Servicers
Altisource recently released its inaugural Default Servicing Survey, which pooled over 200 servicing professionals, which showed that industry experts believed that FHA and VA loans in their respective portfolios would increase in the coming year.
Read More »Mr. Cooper Supporting Customers Affected by Harvey and Irma
In the aftermath of a natural disaster, the dream of homeownership is shaken as people face the challenge of rebuilding their homes and their lives. But in the face of hardship, the industry continues to band together in various ways. This story is just one of many.
Read More »Five Star Conference: Where Business Gets Done
The Five Star Conference Expo Hall opened Tuesday morning, bringing lenders, servicers, and a number of other mortgage professionals under one roof. Include, the 2017 conference theme, was a topic widely discussed at the DS News and MReport booth where ...
Read More »Five Star President and CEO: Not One Voice, Collective Voices Sharing a Common Vision
During the Five Star Conference and Expo, Five Star Institute President and CEO Ed Delgado called for a new sense of unity and inclusion within the mortgage industry expressing that it’s not about one voice, it’s about collective voices sharing a common vision.
Read More »Five Star President and CEO: Housing Microbubble Ahead
Five Star President and CEO Ed Delgado conducted the opening remarks at both the Federation of Certified REO Experts (FORCE) Rally and American Mortgage Diversity Council (AMDC) meeting Monday. According to Delgado, the U.S. is headed toward a housing microbubble.
Read More »REO Update: RES.NET Launches Asset Strategy Tools
RES.NET announced the availability of a new suite of asset strategy tools designed to maximize return on investment through the analysis of each asset.
Read More »Bank of America Predicting Q3 Trading Losses
Bank of America is expecting to report trading revenues down 15 percent when the third quarter of the year ends on September 30, says to the bank’s CFO.
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