Bankruptcy Filings Decline
Bankruptcy filings took another fall for another straight month in April 2017. The number of filings has dropped year-over-year every April since 2011, according to April 2017 AACER bankruptcy data [...]
Delinquencies, Foreclosures Fall Over Year
According to a new report, 30-day delinquencies, 90-day delinquencies, and foreclosure inventory are down over the year. “Early-stage” delinquencies were slightly up, however, rising from 2.08 percent to 2.14 percent. [...]
Chase Warns Mid-size Banks of Fed Deposit Drain
According to a presentation from JPMorgan Chase, mid-size banks should begin merging before the Federal Reserve begins to reverse quantitative easing in December. This policy reversal will essentially "destroy" deposits, [...]
GSEs Could be Granted FOIA Exemptions
Fannie Mae and Freddie Mac will now enjoy the nine standard exemptions of the Freedom of Information Act, thanks to a recent amendment to HR 1694. According to the amendment's [...]
Collingwood Group Acquired by Situs
Situs recently announced that it has completed its acquisition of The Collingwood Group, a Washington, D.C.-based advisory firm. The post Collingwood Group Acquired by Situs appeared first on DSNews. Source: [...]
Buffett Says Wells Fargo Incentives, CEO to Blame
According to billionaire Warren Buffett, Wells Fargo's CEO John Stumpf should have responded sooner to problems with its sales incentive programs which, Buffett says, were "incentivizing the wrong kind of [...]
Clayton Introduces Internal Audit Services Program
Clayton Holdings LLC recently announced that it has developed an enhanced internal audit services program. The program is designed to help bank and lender clients develop, manage and enhance their [...]
CoreLogic Introduces Total Home Value for Portfolio Monitoring
Total Home Value for Portfolio Monitoring is a self-service, fixed-cost solution that CoreLogic states will help mortgage lenders and servicers evaluate and understand the collateral value of their mortgage portfolios [...]
Chase Mortgage Offers Reward for Chase Sapphire Homebuyers
For a limited time, Chase Mortgage is partnering with Chase Sapphire to offer Sapphire customers 100,000 reward points on their credit cards when the purchase a home loan with Chase [...]