Tue, Oct 19 2010, 11:29 AM
BoA and GMAC Resume Foreclosures; Feedback on HVCC's "Replacement"; Faulty Note Transfers; DU Early Check Reports; HECM Saver
Fri, Oct 15 2010, 11:20 AM
Early Pay-Off Penalties Hit Originator Wallets; Foreclosure Uncertainty a Real Issue; Wells Wholesale Accepting BoA Appraisals; Reasons for Buybacks
Wed, Oct 13 2010, 9:58 AM
White House Against Nationwide Foreclosure Moratorium; Corporate Cash Surplus; JP Morgan Chase Earnings; 3.0s Trade
Wed, Oct 13 2010, 3:33 PM
I called attention to the phrase "the servicer must work with counsel". I am not sure if this guidance was intended to be a solution or not. If it ...
Tue, Oct 12 2010, 9:26 AM
Originator Loan Buybacks Still an Issue; Input on Lender Turn Times; Goldman Sachs Freezes Foreclosures; eNotes; Investor Updates
Fri, Oct 8 2010, 11:51 AM
Industry Feedback on Foreclosure Debacle; Rate Sheet Rebate vs. Processing Turn Times; Best Practices Lender Guide; Acceptable Income Types
Thu, Oct 7 2010, 12:40 PM
Options ARM's - The Gift that Keeps on Giving; Top Lenders by Volume; Investor Angle on Foreclosure Issues
Thu, Oct 7 2010, 2:01 PM
So far from what I can tell......
This is a procedural loophole. lots of noise surrounding a technicality. But why does no one stop to consider the...
Wed, Oct 6 2010, 10:08 AM
WSJ Asks If Homebuyers Even Need Mortgage Brokers; Wells Wholesale Channel Staying Put; More on Foreclosures; Lock Extension Regs
Mon, Oct 4 2010, 9:40 AM
Foreclosure mess impacts title companies; First Horizon leaving; updates from several more investors; today is the big FHA MIP day!
Thu, Sep 30 2010, 10:47 AM
NMLS scam to be aware of; Chase suspends foreclosures; how does one sell 191,000 houses? Reader comments
Fri, Sep 24 2010, 10:03 AM
National Flood Insurance Program Extended; Good signs in the commercial security market; disaster & health impact thoughts from investors, foreclosure...
Thu, Sep 23 2010, 12:58 PM
Flood Insurance Program Deadline; Uniform Appraisal Data; New Reverse Mortgage Product; Foreclosures in Judicial States; GSE REO
Tue, Sep 21 2010, 11:43 AM
GMAC Temporarily Suspends Foreclosures in 23 States; Discover Entering Mortgage Biz?; HMDA Data; New DU Version 8.2; Prop 4 in Florida
Mon, Sep 20 2010, 11:35 AM
Writing to the industry, FHA Commissioner David Stevens reminds us that there is more to the housing market than single-family homes and condos. Lost...
Thu, Aug 12 2010, 12:22 PM
The Administration is increasing its commitment to fund unemployment/foreclosure prevention programs in the states hardest hit by both problems. Fund...
Thu, Jul 15 2010, 5:49 PM
The midyear numbers put us on pace to exceed 3 million properties with foreclosure filings by the end of the year, and more than 1 million bank reposs...
Tue, Jul 13 2010, 10:23 AM
HARP Subordination Scenario; Jumbo Loan Foreclosure Numbers; Rates Low But Fewer Qualified Borrowers; International Homebuyers
Wed, Jun 23 2010, 2:24 PM
The first quarter report on mortgage metrics from the Offices of Thrift Supervision and Comptroller of the Currency duplicate findings from other rece...
Tue, Jun 1 2010, 5:14 PM
Data provided in a report by Lender Processing Services shows that delinquency rates overall are improving but those loans termed seriously delinquent...
Wed, May 19 2010, 3:28 PM
Jay Brinkmann, Chief Economist for MBA says, "The issue this quarter is that the seasonally adjusted delinquency rates went up while the unadjusted ra...
Fri, May 14 2010, 11:17 AM
Moody's Investors Service said the foreclosures and delinquencies have risen significantly in the portfolios of state Housing Finance Agencies (HFAs) ...
Fri, Apr 30 2010, 11:29 AM
All of the top 20 metropolitan areas in terms of foreclosure activity are located in only four states according to a report released today by RealtyTr...
Wed, Apr 21 2010, 3:37 PM
Jonathan Spurr, a like-minded colleague of mine and a wholesale account rep for 18 years came up with this idea which we just pitched to the Arizona D...
Thu, Apr 15 2010, 10:59 AM
Bank representatives speaking to the House Financial Services Committee addressed the problem of second mortgages and boasted of the efforts their ins...
Thu, Apr 15 2010, 10:43 AM
Fannie Mae Reduces "Waiting Period" for Re-Established Credit; Ginnie to Allow Securitization of Single Loans; More Foreclosures; RESPA Updates
Thu, Apr 15 2010, 3:02 PM
RealtyTrac is reporting that foreclosure rates for both the first quarter of 2010 and for March were up significantly. However, the increase came in ...
Mon, Mar 22 2010, 3:04 PM
Fannie Mae has offered its servicers a second method of moving distressed borrowers into permanent HAMP loan modifications. The Alt Mod program is de...
Mon, Mar 15 2010, 11:04 AM
FDIC Selling Mortgage Assets of Failed Banks; "Good" Foreclosure Stats; Updates from: Chase, WAMU, USB, Wells, FAMC,SunTrust
Thu, Mar 11 2010, 5:25 PM
Foreclosure filings, which include default notices, scheduled auctions, and bank repossessions declined 2 percent from January. A total of 308,524 pro...
Fri, Feb 26 2010, 8:59 AM
Lenders Preparing for Fed's Exit; Foreclosure Ban in Process?; FDIC Banking Profiles and CRA Requirements; More GFE
Wed, Feb 17 2010, 10:07 AM
Fannie Mae Approved Mortgage Insurers; Electronic Appraisals; Foreclosures and Home Supply; Lender Updates
Thu, Feb 11 2010, 12:53 PM
James J. Saccacio, chief executive officer of RealtyTrac said "January foreclosure numbers are exhibiting a pattern very similar to a year ago: a doub...
Fri, Jan 22 2010, 12:50 PM
The foreclosure timeline can take anywhere from 6 months to 1 year depending on the bank and the county. A few steps must take place throughout the f...
Tue, Jan 19 2010, 1:10 PM
Builder confidence in the market for newly built, single-family homes declined one point to 15 in January on continuing concerns about the poor job ma...
Thu, Jan 14 2010, 11:47 AM
One in every 45 homes in the U.S. received some type of foreclosure filing during the year just ended, a situation that would have been even worse wit...
Thu, Jan 7 2010, 3:07 PM
While you cannot stop a foreclosure with talking alone, the lender will see that you are putting effort into saving your home and paying your loans. L...
Thu, Dec 17 2009, 10:05 PM
Fannie Mae (FNM/NYSE) announced today that it is suspending all foreclosure evictions from December 19, 2009 through January 3, 2010. All owner-occupa...
Thu, Dec 10 2009, 11:09 AM
GEITHNER ON THE EXTENSION OF TARP AND MITIGATING FORECLOSURES: "I notified Congress that I extended the temporary authority provided to me under EESA ...
Thu, Dec 10 2009, 9:48 AM
Foreclosure activity in November was down nationwide according to a report issued today by RealtyTrac. This is the fourth straight month that such ac...
Wed, Dec 9 2009, 12:13 PM
Federal Reserve Governor Duke says the downturn in housing has affected communities in many ways, but the effects were largely related to the underlyi...
Fri, Nov 6 2009, 9:43 AM
Lots of news from North Carolina, Fannie, Freddie, PMI, AIG, the tax credit; rates head lower after unemployment data
Fri, Sep 18 2009, 10:28 AM
Officials from four federal departments and agencies and attorneys general of 12 states met in Washington on Thursday to discuss what was termed an "e...
Thu, Sep 17 2009, 2:28 PM
While the level of new delinquencies on residential mortgage loans has stabilized, the size of the “foreclosure pipeline” continues to grow. Accordin...
Wed, Sep 9 2009, 2:45 PM
The question is one of trust. For nine months our trade group has been lobbying Congress and the GSE's to use such a work force but the question is al...
Thu, Aug 13 2009, 4:46 PM
Foreclosure filings and related activities continued to increase in July according to figures released by RealtyTrac. Nevada, California, and Arizona...
Thu, Jul 16 2009, 10:40 AM
As the unemployment rate approaches double-digits, almost two million homes received foreclosure filings in the first half of 2009, 15% more than in t...
Fri, Feb 13 2009, 12:31 PM
Wed, Feb 11 2009, 5:58 PM
