The GDP improved somewhat in the second Q1 estimate; will the employment situation released on Friday show enough economic improvement for a June rate hike by the Fed?
Read More »Counsel’s Corner: Complying With CFPB Consent Orders
Josh Podolsky, partner in the Tampa office of Phelps Dunbar LLP, spoke with DS News about the issues that some of his firm’s servicer clients are faced with in this current market.
Read More »Freddie Mac Exceeds Portfolio Reduction Goal
How much did Freddie Mac reduce its mortgage-related investments portfolio during April?
Read More »Where is the Middle Ground in NPL Sales Guidelines?
Are the guidelines for the buyers of agency non-performing loans too strict or not strict enough? There are risks attached to both, which makes it necessary to find a balance between the two.
Read More »High Rents May Force Buyers Into the Market
The increasing cost of rental housing is prompting a larger number of consumers to go searching for a home to buy.
Read More »Serious Delinquencies Elevated Compared to Pre-Crisis
While 90-plus days overdue mortgage loans have been on the steady decline for six years, they still have some room to go.
Read More »Fed Rate Hike May Come More Sooner than Later
Is the latest mortgage market data indicative of an economy that is ready for the Fed to raise the federal funds target rate?
Read More »On the Fast Track at Last: Ohio Passes Foreclosure Bill
How will a bill that passed in the Ohio State Legislature cut down on the issues brought on by vacant and abandoned properties, and will the bill serve as a template for the rest of the nation?
Read More »Fannie Mae Sells More Delinquent Loans to Non-Profit
Government agencies have have taken a lot of heat from advocacy groups, civil rights groups, and lawmakers in the last few months over the sales of delinquent mortgages to private investors. Fannie Mae went another route with its latest sale.
Read More »Servicers Remain Aggressive with Outreach Efforts
With Treasury recently announcing the allocation of the final $2 billion in Hardest Hit Fund money and HAMP set to expire at the end of the year, servicers are ramping up their efforts to reach at-risk borrowers.
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