Fewer and fewer buyers are paying all cash when they buy a house. What is the reason behind the decline?
Read More »Calling for Change: Cities Nationwide Protest Agency Distressed Loan Sales Practices
Elected officials and community leaders in cities all over the country are rallying to protest sales of non-performing mortgages to Wall Street investors. What is the proposed solution?
Read More »LenderLive Welcomes New Regional Account Executive
Domestic-based mortgage services provider LenderLive, headquartered in Denver, Colorado, has announced the hiring of John Parrish as a regional account executive for the firm’s correspondent lending division.
Read More »Fairholme CEO: ‘Common Sense Solution Will Prevail’ in Battle Over GSE Profits
One of the largest GSE investors, Fairholme Funds sued the government in 2013 over the sweeping of GSE profits into Treasury. The lawsuit is still pending.
Read More »Ten-X Forecasts Normalization of Existing-Home Sales
Existing-home sales experienced an up-and-down wave of activity in November and December due to the TILA-RESPA Integrated Disclosure (TRID) rule, but Ten-X.com forecasts that this may all change soon.
Read More »Clayton Holdings Named Representation and Warranty Reviewer for Angel Oak Capital’s New Non-Prime Securitization
Clayton Holdings LLC, a provider of loan due diligence, surveillance, REO management, and consulting services to the mortgage industry, announced that it was selected by Angel Oak Capital Advisors, LLC to be the representation and warranty reviewer for a $150.4 million private-label securitization of non-prime whole loans.
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 »BP Fisher Law Group Moves Maryland Office to New Location
BP Fisher Law Group, LLP, a firm that provides cradle-to-grave loss mitigation and default related services for commercial lenders with non performing loans (NPLs), recently announced that it has moved its Maryland office.
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 »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.
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