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Tag Archives: mortgage

For Sale: Freddie’s Largest RPLs

Freddie Mac has announced plans to sell off a pool of $983 million in seasoned re-forming and moderately delinquent loans. This marks the second sale of its kind this year—and the biggest Freddie’s offered up to date.

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Counsel’s Corner: Matthew J. Richardson

Matthew J. Richardson is Manley Deas’ Director of Litigation and Compliance. Throughout his career, he has practiced in the areas of commercial and financial services litigation and currently focuses his practice on defending mortgage servicers in trials and appeals. Before ...

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Is HECM Down for the Count?

Beset by uncertainty in the housing market, the Home Equity Conversion Mortgage Program (HECM) is losing money and cannot continue on in its present form. To make the program viable, FHA announced numerous necessary changes to the HECM Program to ...

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Delinquencies Take Another Dive

Delinquencies, foreclosures, and homes in negative equity all dropped over the last quarter and the last year, according to new data. But just how much have they dipped and why?

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CalyxSoftware Pronounces Plan for National User Conference

CalyxSoftware®, a provider of comprehensive mortgage software solutions for banks, credit unions, mortgage bankers, wholesale and correspondent lenders and brokers, recently announced its agenda for CalyxVision™ 18, the company’s second national user conference. “Due to the mortgage industry evolving at ...

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HARVEY: Texas Governor Responds to Ongoing Devastation

 Texas Governor Greg Abbott has expanded his state disaster declaration to include 20 additional Texas counties in response to the damage caused by Hurricane Harvey, effective August 26. To view Governor Abbott’s updated proclamation, click here. "The addition of these ...

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The Future of PMI

The private mortgage insurance industry effectively works to reduce risk to the mortgage market, and soften the blow when defaults do occur. But the industry is struggling, and a new report is looking at ways it can branch out as it looks to the future and how to more effectively work with the GSEs.

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