Here is How to Find Market Deficiencies
Eddie Speed, founder of NoteSchool, recently spoke with DS News about what to look for when determining where to invest in distressed assets. The post Here is How to Find [...]
Ocwen Prevents 75,000 Homeowners From Foreclosure
The servicer helped homeowners through the U.S. Department of the Treasury Home Affordable Modification Program (HAMP) and proprietary modifications for homeowners who were ineligible for HAMP modification. The post Ocwen [...]
HouseCanary Ends Series A Funding with $33 Million
The company announced that it has received approximately $33 million from technology investors. The post HouseCanary Ends Series A Funding with $33 Million appeared first on DSNews. Source: DS News
Treasury: Don’t Let a Recession Stop Credit Access
Countercyclical policies will be crucial in future housing finance reform, at least according to a recent report from the U.S. Department of the Treasury. The post Treasury: Don’t Let a [...]
Under-$30K Earners Denied TARP Assistance in Droves
Though the Hardest Hit Fund was established to act as a safety net for unemployed or underemployed working class Americans, a recent audit of the program found it’s not helping [...]
Credit Unions Support OCC’s FinTech Proposal, Sort Of
The National Association of Federally-Insured Credit Unions is behind the Office of the Comptroller of the Currency's recently proposed initiative to allow FinTechs to operate as banks, but it also [...]
A Mixed Bag of Profitability and Mortgage Income
Bank of America, JPMorgan Chase, PNC, and Wells Fargo posted solid revenues to end 2016, though net income was down for two of them, according to the banks' latest earnings [...]
Get Ready for Higher GSE Modification Rate
Mortgage interest rates were down for the second consecutive week following eight weeks of increases, but Fannie Mae and Freddie Mac raised their standard mortgage modification rate for the second [...]
Health of Housing is Rising in the East
The housing markets in some eastern states are turning around, largely due to a declining number of REO properties, according to one analysis. The post Health of Housing is Rising [...]