The program was launched in February 2009 by the Obama Administration as a way to stabilize the housing market and help struggling homeowners avoid foreclosure.
Read More »They’ve Come a Long Way: FHFA Details Progress of Non-Performing Loan Sales
The year 2015 was a landmark one for the GSEs as they ramped up programs to excise non-performing loans from their single-family portfolios.
Read More »AACER: Bankruptcy Filings Remain Virtually Unchanged Over-the-Year
Steep year-over-year declines have become the norm for bankruptcy filings as more time passes since the financial crisis. That was not the case in February 2016, however.
Read More »Lenders Optimistic About Diverse Growth Opportunities
Despite recent reports surrounding the dismal state of the U.S. economy, the housing market remains strong and unbothered by such news, particularly mortgage lenders.
Read More »FDIC Clarifies Rules for Banks on Abandoned Foreclosures
When banks make the decision to stop the foreclosure process after it has already been started, borrowers may have already abandoned or stopped maintaining the property, which can lead to lower property values, blight, and crime.
Read More »Recent Economic Slowdowns are Eroding Consumer Confidence
News of America's sluggish economy is reflected in the attitudes of consumers. There is good news for the housing market, however.
Read More »DS News Webcast: Wednesday 3/2/2016
Freddie Mac’s Insight & Outlook report for February 2016, released Monday, cited the nearly 655 billion dollars in outstanding conventional 30-year mortgage-backed securities with interest rates greater than 4 percent. The report found that several borrowers have passed on favorable ...
Read More »CFPB: Mortgages Remain the Most Complained About Financial Product
Mortgage loans in today's housing market are not keeping homebuyers happy, as they are most complained about product in the eighth volume of the Consumer Financial Protection Bureau's Monthly Complaint Report.
Read More »The Results are In: How Did the Presidential Candidates Fare on Super Tuesday?
It was survival of the fittest among the 2016 presidential candidates on Super Tuesday as they endured 12 primaries and caucuses in different states, ultimately putting their campaigns to the test. Who came out on top and what do these hopefuls intend to contribute to housing in the U.S.?
Read More »Fannie Mae’s Mortgage Portfolio Kicks Off 2016 With Rare Expansion
January was only the fourth time since June 2010 that the portfolio has experienced growth month-over-month.
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