Foreclosure Process in NY Expedited by Federal Ruling
Recent New York decision in federal court expected to speed up foreclosure process in that state and other states with similar foreclosure requirements as well. The post Foreclosure Process in [...]
The Week Ahead: The Federal Open Market Committee Convenes
According to the Federal Open Market Committee, the economy is expected to expand at a moderate pace, which could spark a rate increase sooner than anticipated. This question will be [...]
Industry Reacts to Rumored Freddie Mac Move
Freddie Mac may be moving toward backing loans that finance single-family rental (SFR) homes. If the reception is similar to when Fannie Mae backed Invitation Homes is January, expect mixed [...]
Fitch Gives Ocwen ‘Stable’ Rating
Amidst regulatory settlements, Fitch Ratings deems Ocwen mortgage products stable. The post Fitch Gives Ocwen ‘Stable’ Rating appeared first on DSNews. Source: DS News
President Trump Promised Jobs, Recent Employment Report Delivers
In his first address to Congress at the end of February, President Trump reiterated his commitment to growing U.S. jobs. The most recent report from the Bureau of Labor Statistics [...]
Shaping Tomorrow’s Mortgage Leaders
C-level mortgage leaders were surveyed to find their leading staffing concerns for this year and in the future, including talent acquisition, retaining good people, and hiring millennials. The post Shaping [...]
$6 Billion in Cuts for HUD Met with Opposition
Cuts of $6 billion to HUD budget would prevent big-ticket repairs to public housing and reduce number of vouchers for low-income families. The plan would also cut HUD salaries by [...]
Home Sales Increase as Buyers Avoid Rising Rents
Rising rentals are making many people realize that buying a home is a much better investment, and is increasing real estate sales in many areas. The post Home Sales Increase [...]
Homeowners Regained Equity in 2016
Last year turned out to be a good year for U.S. homeowners with mortgages. A new study by CoreLogic found that roughly 63 percent of all homeowners saw their equity [...]