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The Politics of Housing: Market Metrics Across the Nation

Experts in the housing industry have offered varied opinions about the election outcome—which, at the time of publication, is uncertain—and how it might impact the housing market, lenders, and property owners. Financial Times posted an Election Day report about how ...

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Legal Insights: HUD Compliance and Foreclosure Dismissals

Earlier this month, the Fourth DCA of Florida reversed a circuit court’s dismissal of Lakeview Loan Servicing, LLC’s (“Lakeview” or “the Bank”) foreclosure complaint. Lakeview Loan Servicing v. Walcott-Barr. The DCA found the Bank presented sufficient evidence to show it ...

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The Election and Housing: What You Need to Know

There is no denying that 2020 has been an eventful year, with a pandemic, protests, natural disasters, and, of course, a historic presidential election. Now, the country holds its breath for one more day as the election comes to a ...

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9.9 Million Americans May Miss Housing Payments

On the cusp of November, the United States Census Household Pulse Survey, which deploys real-time data on a range of ways in which people’s lives have been impacted by the COVID-19 pandemic, showed some 9.9 million Americans had little to ...

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Zeta Intensifies ‘Record-Breaking’ Hurricane Season

hurricane vortex

Analysts at CoreLogic, a property data collection company, revealed the ramifications of Hurricane Zeta. Specifically, the report highlighted the residential and commercial wind and storm surge loss estimates that resulted from the storm’s aftermath.  According to CoreLogic’s data, for Louisiana, Mississippi and Alabama, the insured wind losses ...

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The Week Ahead: The FHA Offers CWCOT Guidance

Next week, on Wednesday, November 4, the FHA via a complimentary webinar will offer guidance on the Claims Without Conveyance of Title (CWCOT) program "in which the mortgagee attempts to secure a third-party purchaser for the mortgaged property so that ...

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Fannie Mae: Property Preservation Strategies Amid COVID-19

Speaking at this week’s virtual 2020 National Property Preservation Conference, Jacob Williamson, VP for Single-Family Collateral Risk Management at Fannie Mae, offered insight into how the housing finance company has managed property preservation amid the COVID-19 pandemic.     When COVID-19 shelter-in-place protocols were introduced this year, vendors and servicers maintaining properties faced major challenges.   “We've observed ...

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DS5: ‘Leveraging Technology’ in the Housing Industry

DS5 - Richard Ferguson

In this week's episode of DS5: Inside the Industry, the show is joined by Richard Ferguson, President of CBC Mortgage Company. Ferguson, who runs the company's Chenoa Fund, discussed how his company is "leveraging technology," especially during these quickly changing times. ...

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Forbearance Activity Tracker Shows Uptick

foreclosure

Forbearance activities rose by 1% this past week, says researchers at Black Knight, which tracks forbearances by the week. "We saw the number of mortgages in active forbearance rise by 31,000," they said. "This increase was driven by limited extension ...

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A Snapshot of FHFA’s Affordable Housing Goals

The FHFA released its Annual Housing Report Friday. It outlines Freddie Mac's and Fannie Mae's 2019 affordable housing activities, fulfilling a requirement of 1992's Safety and Soundness Act, and more. To put it all in context, the report showed that ...

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