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Economic Analysis Points to Recovery

As the economy continues toward recovery, albeit at a slower pace, the housing market will continue to display vibrancy amid an increase in residential construction spending, according to the [...]

Targeted Training for Brokers Announced

Carrington Mortgage Services (CMS), a large, privately held non-bank lender, recently announced specialized training for brokers, according to a press release first published on businesswire.com. Because today’s lending market [...]

Forbearance Plans Spike

As plans ballooned by 21,000 over the last week, for the first time in six weeks, there was a spike in the number of mortgages in active forbearance, according [...]

Mortgages Performance at Five Year Low

Efforts by the Federal Reserve to prop up the mortgage-backed securities (MBS) market do not appear to have worked as well as hoped, according to a new data analysis [...]

Ohio Courts Add Program to Expedite Settlement Process

The United States Bankruptcy Court for the Southern District of Ohio recently announced a Mortgage Modification Mediation Program (MMM Program) to facilitate negotiations and expedite the settlement process between [...]

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