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Tag Archives: HOUSING

Trustees Triumph

With its recent decision, the Ninth Circuit Court has barred claims against trustees in certain situations. Could it help keep future frivolous lawsuits at bay?

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At Your Service

Editor's note: This feature first appeared in the October issue of DS News, available now.  A co-worker recently told me about a bad experience he had with mortgage servicers. The company, which had previously serviced his mortgage, transferred servicing to ...

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Foreclosure Distress to Impact Political Views?

New research from Arizona State University (ASU) reports that the foreclosure crisis in the metro area of Phoenix, Arizona may have caused a shift in the population’s political views. On Monday, Arizona Central news released an article discussing the soon-to-be-released ...

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HUD Secretary to Work on Big Banks’ Lending Practices

Secretary of the U.S. Department of Housing and Urban Development Ben Carson said in a speech on Monday that he promises to help big banks get more comfortable about financing lower-income borrowers, without fear of being penalized from mortgage lending errors.

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Market Update: Existing Home Sales

The National Association of Realtors (NAR) recently released its Existing Home Sales report—discovering that despite three straight months of home sales declining, September sales showed a small incline. Amidst the ongoing narrative of supply shortages, the report found that total ...

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Lehman Brothers Holdings Face Trustees Claims

Lehman Brothers Holdings Inc. defended against allegations last week from the residential mortgage-backed securities (RMBS) trustees—as the trustees questioned the bank on the value of the claims submitted during the financial crisis in 2008, according to pretrial briefs in an ...

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Assurant Announces New Leadership

Assurant, Inc. announced on this week that Marc Connelly has joined Assurant Mortgage Solutions as National Sales Director—with the primary focus on growing the title and origination valuations product lines for Assurant. “Marc’s deep background in sales and business development is matched ...

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