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DS News Webcast: Tuesday 10/20/2015

Foreclosure, REO, News, Webcast

A top U.S. Department of Treasury official effectively ended any speculation that the government’s 7-year-old conservatorship of Fannie Mae and Freddie Mac would end before the 2016 presidential election. Antonio Weiss, Counselor to the Treasury Secretary, called the push to recapitalize the ...

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DS News Webcast: Monday 10/19/2015

Foreclosure, REO, News, Webcast

The only way to fix the country’s housing problem is for Republicans and Democrats to sit in a room together and talk about housing policy until they agree, according to one presidential hopeful at the Bipartisan Policy Center New Hampshire ...

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DS News Webcast: Friday 10/16/2015

Foreclosure, REO, News, Webcast

The Consumer Financial Protection Bureau has announced the finalization of a rule that will improve information about consumers’ access to residential mortgage credit by updating reporting requirements of the Home Mortgage Disclosure Act. The information reported by lenders as required by ...

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DS News Webcast: Thursday 10/15/2015

Foreclosure, REO, News, Webcast

Residential mortgage subprime loans in foreclosure serviced by banks experienced higher losses than loans serviced by non-bank firms in the top three foreclosure states over the last 12 months, according to a report from Moody’s Investor Service. The report compared loan ...

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DS News Webcast: Tuesday 10/13/2015

Foreclosure, REO, News, Webcast

Insurer MGIC, which provides mortgage insurance through its principal subsidiary Mortgage Guaranty Insurance Corp., saw its stock rise 2 percent in morning trading after Keefe, Bruyette & Woods analysts gave the company a vote of confidence. KBW raised MGIC to ...

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DS News Webcast: Monday 10/12/2015

Foreclosure, REO, News, Webcast

Fannie Mae has announced its third sale of non-performing single-family mortgage loans, this time in three pools totaling about 1 point 2 billion dollars in unpaid principal balance. The three pools are comprised of approximately 7 thousand loans combined. The non-performing loans are ...

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DS News Webcast: Friday 10/9/2015

Foreclosure, REO, News, Webcast

Sales of distressed residential properties continued heading toward their normal levels with another substantial year-over-year decline in July 2015, according to distressed sales data released by CoreLogic on Thursday. Distressed property sales accounted for 9 point 4 percent of all homes nationwide ...

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DS News Webcast: Thursday 10/8/2015

Foreclosure, REO, News, Webcast

According to a recent report from the FHFA Office of the Inspector General, the Agency's budget review and approval process has fallen short of achieving the FHFA's stated purpose due to a number of factors that include late timing, cursory-level analysis, and inadequate ...

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DS News Webcast: Wednesday 10/7/2015

Foreclosure, REO, News, Webcast

HUD has announced the latest sale in the Distressed Asset Stabilization Program, Single Family Loan Sale 2016-1, consisting of one offering date with National Pools and Neighborhood Stabilization Outcome Pools offered on November 18, 2015. Like the previous distressed loan sale executed in ...

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DS News Webcast: Tuesday 10/6/2015

Foreclosure, REO, News, Webcast

First-lien mortgage performance continued to improve with nearly a full percentage point increase in the share of mortgages that were current and performing at the end of Q2 2015, according to the quarterly report on mortgage performance released by the Office of ...

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