Refining the Servicing Sector
DS News speaks with Michael Waldron about the current trends being seen in the servicing sector of the industry as well as his thoughts on how well the CFPB is [...]
Home Values Rise Higher in August
For the 49th month in a row, the median U.S. home value rose year-over-year in August, according to Zillow’s August Real Estate Market Report. The post Home Values Rise Higher [...]
Are Seller’s Still Calling the Shots in the Housing Market?
Despite strong sales and shrinking inventory, the recent Redfin Housing Market Tracker states that home prices rose at the slowest pace of the year. The post Are Seller’s Still Calling [...]
Treasury’s CDFI Fund Announces 2016 Awardees
The U.S. Department of the Treasury's Community Development Financial Institutions Fund awarded 32 organizations for the development of affordable housing and community facilities in low-income communities. The post Treasury’s CDFI [...]
House Financial Services Committee Holds FSOC Hearing
The Committee on Financial Services held a hearing on Thursday, September 22, to receive the “Annual Report of the Financial Stability Oversight Council” and the Secretary of the Treasury’s testimony [...]
CoreLogic Predicts Fraud Risk Increase in Years to Come
CoreLogic reports that mortgage application fraud risk will likely rise over the next few years if current trends of higher LTV purchases and increased credit availability continue. The post CoreLogic [...]
Fannie Mae Completes Two Credit Insurance Risk Transfers
Fannie Mae has completed two credit insurance risk transfers (CIRT) as part of an ongoing effort to reduce taxpayer risk by increasing the role of private capital in the mortgage [...]
Seasonality Plays into Increase in Foreclosure Starts
Black Knight's First Look reports a rise in foreclosure starts in August, but states that seasonality plays a large role in the increase. The post Seasonality Plays into Increase in [...]
Chase Completes Settlement Obligation Ahead of Schedule
JPMorgan Chase has satisfied its $4 billion consumer relief obligation under the terms of a November 2013 settlement over the sales of toxic residential mortgage-backed securities to investors leading up [...]