The U.S. Department of Housing and Urban Development has announced a grant for housing counseling that will help 1 million households find housing, make more informed choices, and keep their current homes. Here’s what the grant entails.Read More »
Why the South is Delinquency Prone
Despite delinquency and foreclosure rates dropping to a 12-year low, a report found that some factors are likely to increase defaults in several Southern states. Click through for a breakdown on delinquency and foreclosure rate performance nationally and in the South.Read More »
Moody’s Rates Wells Fargo’s First RMBS in 10 Years
Wells Fargo’s first RMBS securitization in a decade received a provisional rating from Moody’s. Here’s what the ratings agency had to say about these securities.Read More »
Factors Impacting Delinquent Loan Projections
While it is easy for mortgage servicers to think about revenue realization for more extreme delinquency levels, how can they account for those in the early levels of default? A recent webinar on mortgage servicing rights gave insights into this question.Read More »
DS News October: The Fight Against Zombie Homes
The October print edition of DS News tackles finding the right tools to strike back against vacant properties, the impact of the Dodd-Frank Act on appraisals, how to expand a real estate brokerage business, and more. Click through for a peek at what’s inside our issue this month.Read More »
Driving Progress in Housing and Mortgage
Courtney Thompson, Director Default Oversight and Operations, Flagstar Banks, who received the Rising Business Leader Keystone Award, has demonstrated an outstanding capability to lead and drive progress, like her fellow finalists. Click through to learn more about the work and achievements of these remarkable women in housing.Read More »
What’s Driving Default Risk?
Despite a strong economy a new study reported an increase in default risk in Q3. What factors are driving these increases?Read More »
What’s Impacting Default Rates?
The mortgage default rate rose just slightly, staying relatively strong in August even with the impact form natural disasters. See what factors are keeping defaults down.Read More »
Which Markets are Still Facing Recovery?
Fewer homes are in default now, as most major markets have bounced back from the Great Recession. See which cities have not been able to recover so quickly.Read More »
Improving Efficiencies in Mortgage Servicing
Technological innovations in the servicing space are changing the way this market segment operates. Here’s how tech is helping default servicers streamline their operations to focus on people who matter the most—homeowners.Read More »