Thu, Aug 11 2011, 12:16 PM
activity dropped significantly again in July according to figures released on
Thursday by RealtyTrac, however the Irvine California firm...
Wed, Aug 10 2011, 1:23 PM
Have a bright idea about how the
government can best liquidate the current huge inventory of owned real estate
(REO) currently held by FHA, Fannie M...
Thu, Jul 28 2011, 2:15 PM
Almost 85 percent of large cities showed
a decrease in foreclosure activity during the first six months of 2011
according to the Mid-year 2011 Met...
Thu, Jul 21 2011, 9:49 AM
I found the timing of this news to be extra interesting. WHY? Because the Consumer Financial Protection Bureau goes live today! Ironic isn't it? ...
Thu, Jul 14 2011, 10:31 AM
RealtyTrack has reported a generally downward trend
in foreclosure filings since last fall, but the monthly variations tended to
mask the magnitude ...
Thu, Jun 30 2011, 12:15 PM
sales have not regained the momentum they had before numerous lender moratoria
brought the process to a virtual halt last Fall.
Thu, Jun 16 2011, 10:48 AM
Could the end be near? There finally appears to be a developing
trend of good news on the foreclosure front as filings of all types declined by
Fri, Jun 10 2011, 1:07 PM
"about scares you half to death" twice, what happens? What home
builder economists lower their predictions twice, what happens? HomeBui...
Tue, May 31 2011, 12:17 PM
Anyone lending in
"higher loan amount areas" should read the latest from HUD on the
probable/possible changes that will take place on October 1. "Ba...
Fri, May 27 2011, 9:21 AM
I saw a poor old lady fall over today on the
ice!! At least I presume she was poor - she only had $1.20 in her
That is probably not
Thu, May 26 2011, 3:11 PM
Foreclosed properties continued to impact the
home sales market during the first quarter of 2011
according to a report released Thursday by Real...
Thu, May 12 2011, 12:05 PM
Foreclosure activity hit a 40 month low
in April, posting a decline in all types of filings for the seventh straight
month according to data release...
Thu, May 5 2011, 1:02 PM
Every foreclosure related report that issued during the last
few months has increased certainty that the millions of delinquencies and
Wed, Apr 27 2011, 9:58 AM
Huh? Maybe Freddie and Fannie are
not going to evaporate, which many in the industry were not looking forward to
Wed, Apr 20 2011, 11:33 AM
Lee Farkas, the former chairman
of Taylor, Bean and Whitaker Mortgage Corp., was found guilty on all 14 charges
stemming from a seven-year, multibil...
Fri, Apr 1 2011, 2:35 PM
On the eve of being enacted, in a
surprise move, Senator Dodd called on Congress to rescind the Dodd-Frank
legislation , saying the rules and regul...
Thu, Mar 31 2011, 10:54 AM
The specter of shadow inventory looming in the background
of the housing crisis may be even worse than anticipated according to data released
Thu, Mar 24 2011, 11:37 AM
April 1, servicers managing Freddie Mac loans will no longer be allowed to
foreclose on properties in the name of Mortgage
Mon, Mar 21 2011, 4:38 PM
Freddie Mac is now publishing YouTube videos to share information with the
public about foreclosure myths and scams.
In each video a
Fri, Mar 11 2011, 11:10 AM
In a story that first broke on Mortgage
News Daily's MBSonMND live chat yesterday morning, Dave Stevens has
resigned from his position as FHA c...
Wed, Mar 9 2011, 10:53 AM
Remember today is Ash
Wednesday, the first day of Lent.
commentary has made comments in the past about how reverse mortgage originators
Tue, Mar 8 2011, 9:58 AM
kind of exciting: a new website. It was created by home builder Lennar, showing
how/why buying a new home is better than buying a foreclosur...
Thu, Mar 3 2011, 10:12 AM
Departments of Housing and Urban Development (HUD) and Treasury released their Monthly
Housing Scorecard for February on Wednesday afternoon...
Wed, Mar 2 2011, 11:44 AM
Merrill Lynch/BofA's analysts
took a look at HARP, and whether or not it should be extended. The FHFA
has a number of choices regarding HARP. "We se...
Thu, Feb 24 2011, 2:01 PM
a sizeable drop in the fourth quarter, sales of foreclosed properties again
accounted for over a quarter of all single-family home sales in ...
Thu, Feb 10 2011, 9:15 AM
have been the beginning of a new year, but some things never change. America
remains in the throes of a foreclosure epidemic for the fou...
Wed, Feb 9 2011, 12:25 PM
increase in foreclosures an unintended consequence of the passage of bankruptcy
reform? Following the implementation of
bankruptcy abuse re...
Tue, Feb 8 2011, 11:00 AM
Scott Garrett, the chairman of the House Financial Services subcommittee
on capital markets and government-sponsored enterprises said that the
Tue, Jan 25 2011, 12:14 PM
Fannie and Freddie Foreclosure Inventory Over 240,000 Properties; Fed Responds to Originator Comp Questions; NMLS Uniform Licensing Forms
Fri, Jan 21 2011, 11:22 AM
Originator Compensation FAQs; Loan Putbacks Bruise BoA; Foreclosures Pinch PNC Profits; Servicer Watchdogs; Lender Updates
Wed, Jan 19 2011, 11:29 AM
FDIC Chairman Sheila Barr addressed a summit on mortgage servicing and called for strengthening the oversight of servicers and changes to their incent...
Tue, Jan 18 2011, 9:20 AM
The Association of Mortgage Investors, in a White Paper published Wednesday, is asking the 50 state Attorneys General to take a look at loan servicing...
Thu, Jan 13 2011, 9:21 AM
A record number of properties, close to 3 million, were the subject of foreclosure filings in 2010 according to figures released on Thursday by Realty...
Tue, Jan 11 2011, 11:26 AM
Amherst Explains Massachusetts Foreclosure Reversals; More on Citi's Originator Compensation Guidance; Lots of Lender Updates
Mon, Jan 10 2011, 9:01 AM
Risk Retention Regs Delayed; Citi Shares Perspective on Originator Compensation; Massachusetts Foreclosures Reversed
Wed, Dec 22 2010, 5:34 PM
FHFA reports Freddie Mac and Fannie Mae's foreclosure prevention activity is decreasing overall. The backlog of trial modifications under HAMP is cle...
Thu, Dec 16 2010, 11:40 AM
Activity in all three stages of the foreclosure process declined in November, both from the previous month and the numbers one year earlier. Some of ...
Mon, Dec 13 2010, 1:50 PM
CoreLogic released a report Monday showing a decrease in negative equity nationwide. The improvement, it said, was due more to the foreclosure of pro...
Mon, Dec 6 2010, 10:14 AM
Federal Home Finance Agency (FHFA) Acting Director Edward J. DeMarco told the House Judiciary Committee Thursday that regulators, lawmakers, investors...
Thu, Dec 2 2010, 10:41 AM
Properties affected by foreclosure continue to account to one-quarter of all U.S. home sales according to a report released Thursday by RealtyTrac. T...
Thu, Nov 11 2010, 1:50 PM
"October marks the 20th consecutive month where over 300,000 U.S. homeowners received a foreclosure notice," said James J. Saccacio, chief executive o...
Tue, Nov 9 2010, 10:48 AM
Attorneys Add 2nd Liens to Cover Foreclosure Litigation Costs; Strategic Default and Common Sense Underwriting; USDA Funding Back?;
Thu, Nov 4 2010, 4:08 PM
Witnesses testifying before the Congressional Oversight Panel on TARP generally gave servicers a low grade for their response to the foreclosure proce...
Fri, Oct 29 2010, 11:53 AM
The plain and simple version of this story is title insurers are nervous about covering foreclosed properties without some sort of guarantee that they...
Thu, Oct 28 2010, 9:48 AM
Spike in FHA to FHA Refinances; Deutsche Bank on Home Prices; Compensation Conference Call; Wells Finds Flaws in Foreclosures
Mon, Oct 25 2010, 10:00 AM
Bank of America Finds Mistakes in Foreclosure Files; MBS Issuance 95% Agency Paper; What is an Allonge?; Document Curing Timeline
Mon, Oct 25 2010, 4:19 PM
Federal Reserve Chairman Ben Bernanke departed from the focus of a conference on foreclosures and mortgage financing today to report that the Fed is l...
Thu, Oct 21 2010, 11:03 AM
10 days until Halloween - the entire mortgage industry is feeling tricked. But there is some good company-level news
Wed, Oct 20 2010, 8:29 AM
U.S. federal regulators will meet on Wednesday to discuss the foreclosure crisis amid concerns it could affect the housing market and broader economy,...
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