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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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DS News Webcast: Tuesday 1/13/2015

Foreclosure, REO, News, Webcast

Loan modifications completed through the government's Home Affordable Mortgage Program have historically re-defaulted at a lower rate than proprietary loan modifications, but HAMP mods facilitated in 2014 began re-defaulting at a higher rate than those modified in the two previous ...

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DS News Webcast: Monday 1/12/2015

Foreclosure, REO, News, Webcast

The U.S. unemployment rate slipped another 0.2 percentage points in December as employers introduced 252,000 new jobs. The Bureau of Labor Statistics said Friday that the national unemployment rate was down to 5.6 percent by year-end 2014, bringing that number down to ...

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DS News Webcast: Friday 1/8/2015

Foreclosure, REO, News, Webcast

The third quarter of 2014 saw more than a quarter of a million American homes return to positive equity, leaving about one in 10 still underwater, according to CoreLogic's Q3 2014 Equity Report released Thursday. According to the company’s latest ...

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