In April, the nation's foreclosure rate and serious delinquency rate dropped to new pre-crisis lows. On Tuesday, July 12, the industry will find out how much further those numbers fell in May.
Read More »Ratings Agency Questions Fed’s ‘Harsh’ Stress Test Verbiage
Kroll Bond Ratings Agency believes that investors should take note of the language the Fed used in the published results of its recent stress tests for the largest bank holding companies.
Read More »LRES Appoints VP of National Sales
LRES, a national provider of solutions for the mortgage and real estate industry, has announced the appointment of Diane Valadez as vice president of national sales.
Read More »NeighborWorks America Elects New Board Chairman
Grovetta Gardineer is the successor to Comptroller of the Currency Thomas J. Curry, who had been the chairman of the board since March 2014.
Read More »Employment Rebounds. . .But Will it Help Housing?
One economist said the June report will “allay fears” that a recession is imminent and another called the report a “sigh of relief.” But will the housing market benefit from a healthy June employment summary?
Read More »Mortgage Delinquency Mends While Student and Auto Loans Worsen
The substantial decline in serious mortgage delinquencies contrasts with other types of loan delinquencies that are on the rise.
Read More »House Committee Chairman Wants Answers from Castro
Hensarling is asking for the HUD Secretary to appear before the House Financial Services Committee to answer questions about the effect of recent changes to HUD’s delinquent loan sales program on taxpayers.
Read More »Assurant Calls American Title Acquisition a ‘Strong Fit’
The acquisition of American Title will expand Assurant’s businesses and services in the home equity field.
Read More »Where Will the Housing Market Stand Post-Election?
A recent survey found that Republicans, Democrats, and Independents held varied opinions when asked what they thought would happen to home prices if Clinton or Trump were elected president.
Read More »FHFA to Implement Securitization Platform Software in 2016
FHFA reported that the GSEs expect to meet the GSES' goals for the implementation of the first use of the CSP software later this year and for using the CSP to issue Single Securities in 2018.
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