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DS News Webcast: Monday 9/29/2014

Foreclosure, REO, News, Webcast

More than 91 percent of borrowers nationwide who received mortgage loan modifications in the second quarter of 2014 had their monthly principal and interest payments reduced, while 56.1 percent of borrowers lowered their monthly payments by 20 percent or more, ...

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DS News Webcast: Friday 9/26/2014

Foreclosure, REO, News, Webcast

Fannie Mae and Freddie Mac prevented nearly 80,000 foreclosures nationwide in the second quarter, raising the total number of foreclosures prevented since the start of the conservatorship in September 2008 to 3.3 million, the Federal Housing Finance Agency indicated in its report on foreclosure ...

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DS News Webcast: Thursday 9/25/2014

Foreclosure, REO, News, Webcast

Foreclosure inventory is down nationwide, but the delinquency rate is up, according to Black Knight Financial Services' First Look at August Mortgage Data released today. Foreclosure starts declined by 10 percent from July to August and by 24 percent from August ...

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DS News Webcast: Wednesday 9/24/2014

Foreclosure, REO, News, Webcast

The burden of student loan debt is preventing potential home buyers from starting households, which in turn is hindering overall economic growth, according to Consumer Financial Protection Bureau director Richard Cordray in remarks made on Tuesday. Cordray said the country ...

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DS News Webcast: Tuesday 9/23/2014

Foreclosure, REO, News, Webcast

Representatives from the U.S. Department of Housing and Urban Development and Ginnie Mae convened at the second annual Ginnie Mae Summit on Monday to discuss initiatives and programs designed to create a healthy housing market. HUD secretary Julián Castro delivered the keynote ...

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DS News Webcast: Monday 9/22/2014

Foreclosure, REO, News, Webcast

The U.S. House of Representatives passed bipartisan legislation recently that allows small businesses to spend capital toward creating jobs instead of compliance. H.R. 4, known as the Jobs for America Act, contains two Financial Services Committee bills designed to provide regulatory ...

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