Saturday , 21 October 2017

DS News

DS News

Market Update: Existing Home Sales

By Nicole Casperson The National Association of Realtors (NAR) recently released its Existing Home Sales report—discovering that despite three straight months of home sales declining, September sales showed a small incline. Amidst the ongoing narrative of supply shortages, the report found that total existing-home sales increased by 0.7 percent to a seasonally adjusted annual rate of 5.39 million … The …

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Lehman Brothers Holdings Face Trustees Claims

By Nicole Casperson Lehman Brothers Holdings Inc. defended against allegations last week from the residential mortgage-backed securities (RMBS) trustees—as the trustees questioned the bank on the value of the claims submitted during the financial crisis in 2008, according to pretrial briefs in an article released by Law360. Ultimately the issue here is that trustees argue Lehman Brothers’ “straightforward … The …

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Fitch Insights: A Discussion on the Future of RMBS

By Dean Terrell In a report from Fitch Ratings, the agency shares a recent roundtable discussion focused on RMBS process improvements. See what the experts had to say here.. The post Fitch Insights: A Discussion on the Future of RMBS appeared first on DSNews. Via:: Fitch Insights: A Discussion on the Future of RMBS       

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Assurant Announces New Leadership

By Nicole Casperson Assurant, Inc. announced on this week that Marc Connelly has joined Assurant Mortgage Solutions as National Sales Director—with the primary focus on growing the title and origination valuations product lines for Assurant. “Marc’s deep background in sales and business development is matched by knowledge and insights into our industry,” said Dan Hoppes, SVP, Mortgage Solutions at Assurant. …

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The Top Single-Family Home Markets

By Dean Terrell Know the highest performing metropolitan areas (CBSAs) to show your clients with Pro Teck’s new report. The post The Top Single-Family Home Markets appeared first on DSNews. Via:: The Top Single-Family Home Markets       

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DIMONT Launches New Technology to Assist Servicers

By Nicole Casperson DIMONT, a provider of insurance claims adjusting and collateral loss mitigation services to the residential mortgage and auto lending industries, has announced the launch of its online loss drafts portal with technology developed by IndiSoft, a solutions development firm specializing in the financial industry. The purpose of this new web portal is to assist servicers … The …

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Industry Reacts to OCC’s Community Reinvestment Act Revised Policies

By Dean Terrell It’s been a week since the OCC outlined its policies on downgrading a bank due to discriminatory or illegal credit practices. See what response the regulator has generated. The post Industry Reacts to OCC’s Community Reinvestment Act Revised Policies appeared first on DSNews. Via:: Industry Reacts to OCC’s Community Reinvestment Act Revised Policies       

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Forecasting Vs. Reality—Where do Home Prices Stand?

By Rachel Williams On Thursday, leading analytics company CoreLogic compared their CoreLogic HPI Forecast released in June 2016 to the actual HPI Index that came out in August. How accurate were they? Read on to see. The post Forecasting Vs. Reality—Where do Home Prices Stand? appeared first on DSNews. Via:: Forecasting Vs. Reality—Where do Home Prices Stand?       

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