DS News

DS News

VRM Mortgage Services Names New SVP of Compliance

By Brian Honea Carrollton, Texas-based real estate solutions provider VRM Mortgage Services has announced that Tiffany Fletcher has been named SVP of compliance to manage risk mitigation, compliance, internal audits, quality assurance, and vendor management initiatives. Via:: VRM Mortgage Services Names New SVP of Compliance       

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DS News Webcast: Monday 3/23/2015

By Jordan Funderburk Foreclosure starts dropped by 15 percent month-over-month in February, down to just below 80,000, the lowest level since November 2014 and their third lowest total for any month in at least seven years, according to Black Knight’s First look at Mortgage Data for February 2015 released today. This decline in foreclosure starts came just one … Via:: …

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Ocwen Refutes RMBS Investors’ Claims in Letter to Trustees

By Samantha Guzman In February, an independent study found many of Ocwen’s servicing business was “effective,” according to the letter. The research, conducted by Morgan Stanley’s RMBS strategy team, stated, “Whether a borrower first went delinquent while being serviced by Ocwen, or fell delinquent and was then transferred to Ocwen, we find that these borrowers are more likely to be …

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Yale Law School Files Amicus Brief in ‘Stripping Off’ Mortgage Case Headed to U.S. Supreme Court

By Brian Honea Yale Law School’s Mortgage Foreclosure Litigation Clinic and the Connecticut Fair Housing Center (CFHC) have filed an Amicus Brief with the U.S. Supreme Court in support of the respondents in a case to decide whether underwater homeowners in Chapter 7 bankruptcy can legally eliminate the liability on second mortgages, a process known as “stripping off,” according to …

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Fannie Mae: Economic Growth Slows in Q1; Economy Still Expected to ‘Drag Housing Upward’

By Brian Honea The temporary factors that slowed economic growth include a drawdown in inventory, unusually high snowfall in some parts of the country, and the West Coast port slowdown. Fannie Mae expects the reducing of those factors in the second quarter combined with upbeat labor market conditions and positive consumer and business fundamentals to push economic growth to 2.8 …

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VRM Mortgage Services Names New SVP of Compliance

By Brian Honea Carrollton, Texas-based real estate solutions provider VRM Mortgage Services has announced that Tiffany Fletcher has been named SVP of compliance to manage risk mitigation, compliance, internal audits, quality assurance, and vendor management initiatives. The post VRM Mortgage Services Names New SVP of Compliance appeared first on DSNews. Via:: VRM Mortgage Services Names New SVP of Compliance       

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DS News Webcast: Monday 3/23/2015

By Jordan Funderburk Foreclosure starts dropped by 15 percent month-over-month in February, down to just below 80,000, the lowest level since November 2014 and their third lowest total for any month in at least seven years, according to Black Knight’s First look at Mortgage Data for February 2015 released today. This decline in foreclosure starts came just one … The …

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Foreclosure Starts Retreat After Spiking in January

By Brian Honea Foreclosure starts dropped by 15 percent month-over-month in February, down to 79,700, the lowest level since November 2014 and their third lowest total for any month in at least seven years, according to Black Knight. This decline in foreclosure starts came just one month after the number swelled to 94,300 in January, the highest level since December …

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