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DS News Webcast: Tuesday 1/27/2015

Foreclosure, REO, News, Webcast

Atlanta-based mortgage servicer Ocwen Financial has responded to a Notice of Nonperformance filed on Friday by law firm Gibbs & Bruns on behalf of investors BNY Mellon, Citibank, Deutsche Bank, HSBC, US Bank, and Wells Fargo, accusing the investors of pushing homeowners ...

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DS News Webcast: Monday 1/26/2015

Foreclosure, REO, News, Webcast

A measure of leading U.S. economic indicators rose again in December, advancing for a fourth straight month as most components improved. The Conference Board's Leading Economic Index, which gauges the near-term economic outlook based on a variety of indicators, increased ...

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DS News Webcast: Friday 1/23/2015

Foreclosure, REO, News, Webcast

Just one month after experiencing the largest monthly increase in six years, the nation's mortgage delinquency rate took a big tumble in December, according to Black Knight Financial Services' December 2014 First Look at Mortgage Data released today. The mortgage delinquency rate, or the percentage ...

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DS News Webcast: Thursday 1/22/2015

Foreclosure, REO, News, Webcast

Default rates are on the rise month-over-month for both first and second mortgages nationwide, according to the S&P Dow Jones Indices and S&P/Experian Consumer Credit Default Indices for December 2014 released Wednesday. The first mortgage default rate experienced its biggest monthly increase ...

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DS News Webcast: Wednesday 1/21/2015

Foreclosure, REO, News, Webcast

A nationwide survey of real estate investors bidding on properties offered for auction during the fourth quarter of 2014 revealed that flipping was the preferred investing strategy over renting, according to Auction.com's Q4 2014 Real Estate Investor Activity Report. Though various ...

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DS News Webcast: Tuesday 1/20/2015

Foreclosure, REO, News, Webcast

New York-based credit rater Kroll Bond Rating Agency has updated its residential mortgage default and loss model, incorporating a new methodology that projects loan-by-loan default, loss, and prepayment on residential loans in order to track non-agency residential mortgage-backed securities.The new ...

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DS News Webcast: Monday 1/19/2015

Foreclosure, REO, News, Webcast

The U.S. Department of Housing and Urban Development is awarding seven Choice Neighborhoods Planning grants worth $3.2 million in six cities, HUD Secretary Julián Castro announced while speaking to grant recipient Louisville Metro Housing Authority in Kentucky on Friday. HUD's ...

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DS News Webcast: Friday 1/16/2015

Foreclosure, REO, News, Webcast

While housing recovery has generally been uneven for the last few years, the housing market experienced substantial growth in the fourth quarter of 2014 for all five indicators of Trulia's Q4 2014 Housing Barometer, which was released on Thursday. Three of ...

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DS News Webcast: Thursday 1/15/2015

Foreclosure, REO, News, Webcast

About 1.5 percent of all homes with a mortgage in the United States were in some state of foreclosure in November 2014, the lowest foreclosure rate since March 2008, according to CoreLogic's November 2014 National Foreclosure Report released Wednesday. Foreclosure inventory, which ...

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DS News Webcast: Wednesday 1/15/2015

Foreclosure, REO, News, Webcast

California's Department of Business Oversight is moving to halt Ocwen's operations in the state after the company failed to provide documentation about its compliance with California's Homeowner Bill of Rights. The bill prohibits certain mortgage servicing practices—such as dual-tracking—and sets in ...

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