RoundPoint Mortgage Servicing customers concerned about any issues surrounding their loan can now access the company's Consumer Ombudsman online, thanks to an upgrade introduced this week.
Read More »Mortgage Delinquency Rate Predicted to Fall to Pre-Recession Level by End of 2015
The nation's mortgage loan delinquency rate is expected to fall down to 2.51 percent by the end of 2015, its lowest level since prior to the housing bust, according to data released by TransUnion on Wednesday.
Read More »Ohio Senate Amends Proposed Foreclosure Expedition Bill
An Ohio House bill that would have expedited the residential foreclosure and transfer process and taken steps toward eliminating blight and vandalism in foreclosed, vacated properties has been amended and was introduced in the Ohio State Senate Finance Committee Tuesday, a source close to one of the bill's sponsors told DS News.
Read More »Fannie Mae, Freddie Mac Announce Moratorium On Evictions for Foreclosed Properties
Fannie Mae and Freddie Mac announced on Tuesday a moratorium on evictions for single-family foreclosed homes for the holiday season.
Read More »Green River Capital Announces Employee Appointments
Green River Capital (GRC), a Utah-based REO asset management and loss mitigation provider for mortgage servicers, investment firms, and banks, has announced the promotion of two employees to senior vice president positions as well as the hiring of one VP from outside the company.
Read More »GSEs Officially Lower Down Payment to 3 Percent for Qualifying First-Time Homebuyers
Following months of talk and speculation, both Fannie Mae and Freddie Mac announced on Monday they will begin allowing qualifying first-time borrowers to purchase homes with just a 3 percent down payment.
Read More »Survey Reveals Less Than Optimistic Attitude Toward Housing, Economy
Americans' sentiment toward housing and the economy took a small backward step in November, according to Fannie Mae's National Housing Survey released Monday.
Read More »Hutchens Law Firm Continues ‘High Performance Giving’ Program
North Carolina-based default servicing legal services provider Hutchens Law Firm has announced that its High Performance Giving Program, a unique holiday program for the local community that began last holiday season, is continuing this December.
Read More »South & Associates Adds Three New Attorneys
Creditors' rights law firm South & Associates, with five locations in the Midwestern United States, has announced the hiring of three new associate attorneys for its West Des Moines, Iowa, office.
Read More »FHA Loan Limits Will Not Change for 2015
FHA recalculates its national loan limit every year, basing its math on a percentage calculation of the national conforming loan limit for mortgages eligible for purchase or guarantee by the GSEs.
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