Elected officials and community leaders in cities all over the country are rallying to protest sales of non-performing mortgages to Wall Street investors. What is the proposed solution?
Read More »LenderLive Welcomes New Regional Account Executive
Domestic-based mortgage services provider LenderLive, headquartered in Denver, Colorado, has announced the hiring of John Parrish as a regional account executive for the firm’s correspondent lending division.
Read More »SFR Vacancy, Turnover Rates Drop in Winter Months
Delinquency rate ticked up in half of the securitizations covered, but also remained low.
Read More »How is Low Inventory Affecting the Housing Market?
Inventory is in thin supply for the housing market. What does it all mean for home sales?
Read More »Fewer Serious Delinquencies Indicate Market Stability
Loss mitigation efforts will continue in isolated pockets that are still struggling, according to HOPE NOW.
Read More »Fairholme CEO: ‘Common Sense Solution Will Prevail’ in Battle Over GSE Profits
One of the largest GSE investors, Fairholme Funds sued the government in 2013 over the sweeping of GSE profits into Treasury. The lawsuit is still pending.
Read More »Wells Fargo Agrees to Pay a Steep Price for FHA-Insured Defaults
Regulators accused the bank of engaging in "reckless" underwriting practices on mortgage loans insured by the FHA.
Read More »Ten-X Forecasts Normalization of Existing-Home Sales
Existing-home sales experienced an up-and-down wave of activity in November and December due to the TILA-RESPA Integrated Disclosure (TRID) rule, but Ten-X.com forecasts that this may all change soon.
Read More »Clayton Holdings Named Representation and Warranty Reviewer for Angel Oak Capital’s New Non-Prime Securitization
Clayton Holdings LLC, a provider of loan due diligence, surveillance, REO management, and consulting services to the mortgage industry, announced that it was selected by Angel Oak Capital Advisors, LLC to be the representation and warranty reviewer for a $150.4 million private-label securitization of non-prime whole loans.
Read More »Kansas City Fed: Market Volatility Should Not Prevent Rate Hikes
Monetary policy "cannot respond to every blip in financial markets," according to Esther George, president of the Federal Reserve Bank of Kansas City.
Read More »