Taking Legislative Action Against Foreclosure Challenges
New Jersey Governor Phil Murphy signed into law a “bipartisan legislative package” as the state works to decrease its ongoing elevated foreclosure rate. The post Taking Legislative Action Against Foreclosure [...]
New Program Looks to Ease Customers’ Minds
Guild Mortgage, an independent mortgage lender located in California, announced Homebuyer Protection, a program designed to give customers added protection and peace of mind during the mortgage process. Homebuyer Protection [...]
Fraud, Foreclosure, and Community Blight in Buffalo
Buffalo, New York, and several other cities are facing increased community blight from fraudulent investments. Here's how the scam sales, delinquencies, and foreclosures are impacting neighborhoods. The post Fraud, Foreclosure, [...]
Is a Recession Heading Our Way in 2020?
Is a recession heading our way in 2020? If so, what is The Federal Reserve doing to fight it? Well, that answer may change depending who you ask. A recent [...]
How Climate Change Is Driving Foreclosure and Delinquency
Climate change-driven natural disasters can be detrimental to household income and finances, and a recent report examines how such events impact delinquency and foreclosure rates. The post How Climate Change [...]
GSE Reform: Guarding the Market
Editor's note: This piece originally appeared in the April edition of DS News, available online. GSE reform may be the new “third rail” of American politics, and maybe that’s not such [...]
The Impact of Restructuring Fannie and Freddie
Federal Housing Finance Agency Director Mark Calabria is aiming for privatization of Fannie Mae and Freddie Mac. In this video Spotlight, the Wall Street Journal discusses how restructuring the GSEs [...]
First API for Cash Flow, Premiums Announced
RoundPoint Mortgage Servicing Corporation and Compass Analytics announced on Wednesday the industry’s first API to provide cash flow based, loan-level servicing release premiums (SRP) co-issue bids. In another initiative to [...]
Allen Jingst and Wes Peterson Join LenderClose
LenderClose recently announced the addition of Allen Jingst and Wes Peterson to the team. Jingst will serve as SVP of Sales; Peterson as Relationship Manager. The post Allen Jingst and [...]