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DS News Webcast: Tuesday 3/10/2015

Foreclosure, REO, News, Webcast

While REO sales still had the largest share of all-cash home sales in December 2014, both the share of cash sales that are REO sales and the share of REO sales that are cash sales were down month-over-month, according to ...

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DS News Webcast: Monday 3/9/2015

Foreclosure, REO, News, Webcast

Foreclosure starts reached their highest level in a year in January, but foreclosure completions are falling faster than the seriously delinquent loan rate – resulting in an across the board increase in foreclosure pipeline ratios, according to Black Knight's' January ...

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DS News Webcast: Friday 3/6/2015

Foreclosure, REO, News, Webcast

A New York appeals court approved in full Bank of America's $8.5 billion settlement with investors over the packaging and selling of faulty residential mortgage-backed securities by its Countrywide unit in the run-up to the financial crisis, according to media ...

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DS News Webcast: Thursday 3/5/2015

Foreclosure, REO, News, Webcast

Approximately 1 point 88 million homeowners nationwide received a mortgage solution or foreclosure alternative in the form of a loan modification, short sale, deed-in-lieu of foreclosure, or other workout plan during 2014, according to data released Wednesday by HOPE NOW. The 2014 numbers ...

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DS News Webcast: Wednesday 3/4/2015

Foreclosure, REO, News, Webcast

In the first bulk sale of seriously delinquent mortgage loans from its portfolio in 2015, Freddie Mac announced on Tuesday it has auctioned off nearly 2,000 deeply delinquent non-performing loans with an aggregate unpaid balance of approximately $392 million. The loans ...

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DS News Webcast: Tuesday 3/3/2015

Foreclosure, REO, News, Webcast

In an ongoing effort to reduce the number of non-performing loans in the portfolios of Fannie Mae and Freddie Mac and transfer risk to the private sector, the GSEs' conservator, the Federal Housing Finance Agency, on Monday announced enhanced requirements for the sales of non-performing loans ...

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DS News Webcast: Monday 3/2/2015

Foreclosure, REO, News, Webcast

Ginnie Mae has launched a scorecard-based risk management tool that will allow issuers to gauge their operational and default performance against both their peers and Ginnie Mae's program standards, according to an announcement from Ginnie Mae. According to Ginnie Mae President Ted Tozer, ...

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DS News Webcast: Friday 2/27/2015

Foreclosure, REO, News, Webcast

Freddie Mac's total mortgage portfolio contracted to start 2015 after ending 2014 with hits highest annualized growth rate for a single month in five years while the serious delinquency rate for the Enterprise's loans fell to a six-year low, according to the Enterprise's January ...

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DS News Webcast: Thursday 2/26/2015

Foreclosure, REO, News, Webcast

Both the delinquency rate and the foreclosure inventory rate in Q4 2014 for residential mortgage loans fell to their lowest levels since 2007, according to the Mortgage Bankers Association's National Delinquency Survey released Wednesday. The delinquency rate fell to a seasonally-adjusted rate of ...

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DS News Webcast: Wednesday 2/25/2015

Foreclosure, REO, News, Webcast

Foreclosure inventory was way down nationwide year-over-year in January despite a 5.5 percent month-over-month increase in foreclosure starts, according to Black Knight Financial Services' First Look at January Mortgage Data. Foreclosure starts totaled nearly 94,000 for January, which was the ...

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