home-buyers
August 4, 2011
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Category : Blog &Building & Construction &Mortgage &Real Estate Market
August 2, 2011
| Featured StoryTrepp: CMBS Delinquency Sets All-Time Record in July By Amilda Dymi A Trepp report shows in July the overall U.S. delinquency rate of commercial mortgage-backed security loans jumped to 9.88%, an all-time record increase of 51 basis points compared to June—which is largely attributed to technical changes in data reporting and analytics. |
| Insiders Contemplate Loss Mitigation Tools
The stabilization of the housing market and foreclosure rate improvements are highly dependent on—among other factors—the efficiency of loss mitigation tools used by lenders and servicers, which is why attendees at the SourceMedia Third Annual Best Practices in Loss Mitigation Conference in Dallas discussed at length various issues pertaining to the present state of the market, including best servicing practices and loss mitigation tools. |
| FHFA May Issue Servicing Proposal with Just One Fee Structure By Paul Muolo The Mortgage Bankers Association fears that when the Federal Housing Finance Agency finally unveils its servicing fee structure proposal it will contain just one compensation model, and is appealing to the agency to include more. |
| Freddie Ranks Servicers in Conjunction With the Servicing Alignment Initiative By Amilda Dymi Tied to the agency’s Servicing Success Program, Freddie Mac’s new ranking system took off this month replacing the traditional performance tiers with more realistic valuations that open the door for improved servicer activity reviews and planning of needed remedial action. The new monthly ranking of a servicer’s performance and company profile is based on points earned during the prior month. A ranking is unacceptable when the scorecard places the servicer in the bottom 25% of all ranked servicers—which is when Freddie will review potential corrective intervention. |
| Freddie: ‘Cash-In’ Refis Still All the Rage By Paul Muolo Consumers who refinance are continuing to pay down their loans, at least in part, hoping to save thousands of dollars over the long haul, according to new figures compiled by Freddie Mac. |
| Good Quarter for Radian By Brad Finkelstein Radian Group Inc., Philadelphia, reported net income for the second quarter of $137 million, helped by widening spreads leading to a gain in fair value on its derivative portfolio of $194 million. One year prior, the company lost $475 million, due to a fair value charge of $588 million. |
Category : Agents & Brokers &Blog &Foreclosure
July 29, 2011
| Featured StoryWhat We’re Hearing: The Mortgage Interest Deduction is About to Get Whacked By Paul Muolo Less than 80 hours from now the debt ceiling crisis will have passed (for now) but let’s not kid ourselves: the mortgage and housing finance industries have been forever changed the past three years and one likely victim will be the mortgage interest deduction. |
| 2Q a Trying Time for the Big Three and Mortgages By Paul Muolo, Brian Collins When it comes to residential finance and the nation’s megabanks, the second quarter was a case of “the bigger they are, the more they suffer” with glimmers of hope here and there. |
| Carrington Sees Opportunity in Wholesale By Brian Collins Carrington Mortgage Services has been expanding its retail mortgage lending capacity for the past 12 months and now it is about to jump into the wholesale space. |
| Consumer Financial Protection Bureau Opens for Business: The Implications for Debt Relief Service Providers and Counseling Agencies By Jeffrey Tenenbaum and Jonathan Pompan The Consumer Financial Protection Bureau has just opened for business. One year ago, Congress passed and President Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act, including the Consumer Financial Protection Act, which created the CFPB. |
| Banks’ Tech Appetite Growing, FIS Says By Andrew Johnson Banks are still digesting a full plate of mortgage and other economic woes, but that’s not stopping them from adding ambitious technology projects to their diet, if the first of vendor earnings reports is an indication. |
| Chase Bank Facing Pressure on Near-Foreclosure for Soldier’s Family Home By Evan Nemeroff A petition has been created by Change.org to support an American soldier fighting in Iraq whose family home in Oregon may be foreclosed on when he visits next month. |
Category : Agents & Brokers &Blog &Mortgage
Home affordability reached an all- time high in 2010′s last quarter. Unfortunately for home buyers…
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Home Affordability Peaked Last Quarter; Purchasing Power…
Category : Blog
A flourishing number of city, county as good as state housing financial agencies/authorities/corporations have…
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First Time Home Buyers | Bank Of Oklahoma Online Banking
Category : Blog
