Headlines

The loans are three years delinquent on average and approximately one-third of them have previously been modified and subsequently became delinquent.

The nationwide share of residential homes in foreclosure is at its lowest level in eight years, but it remains high in a few areas. What states account for a large portion of the country's homes in foreclosure?

Lending.com, a lending-as-a-service platform, recently appointed Liz Verrier as General Counsel. According to the company, in her new role as Lending.com's Chief Legal Officer, she will provide legal guidance to their board of directors and upper-level management.

Wells Fargo & Company recently announced that Timothy J. Sloan will now serve as President and COO, reporting to Chairman and CEO John G. Stumpf. Sloan has been with Wells Fargo for 28 years, and since 2014, he has served at the head of Wholesale Banking—a role he will remain in. Prior to this position, he was Wells Fargo's CFO from 2011 to 2014.

Now that the news has had a bit of time to marinate, some within the housing industry reacted by taking up alliances with lobbyists, while others went the opposite direction and questioned these higher-ups' motives.

Traditional big lenders are increasingly walking away from the FHA. The question is what opportunities does it open up, and how will both the FHA and the mortgage market respond to those changes? Moreover, how does it affect you?

Eight of the nine members of the Financial Stability Oversight Council testify Tuesday before the House Financial Services Committee. Any realistic movement toward GSE reform leads to the FSOC, so what they say Tuesday will echo through the industry.

Single family rentals, SFRs, were supposed to be a short-term opportunity when real estate hit bottom, but now it's emerging as a new class that big money is looking at. So what's happening?

Stakeholders in the mortgage industry question whether or not a takeover by Wall Street banks would help the industry. Some say not only would it not help the industry, but it would be harmful. Did three top housing policy officials advocate for their private sector clients after leaving their government positions?

Leading Off looks at the news, events and reports coming this week that shape the servicing, mortgage and housing industry.