DS News

DS News

Title365 Welcomes New Senior Executive

By Brian Honea Lewisville, Texas-based title insurance and escrow services provider Title365 Company has announced the appointment of Aaron Fain to VP, Mid-Markets Originations Division Manager. The post Title365 Welcomes New Senior Executive appeared first on DSNews. Via:: Title365 Welcomes New Senior Executive       

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DS News Webcast: Monday 3/9/2015

By Jordan Funderburk Foreclosure starts reached their highest level in a year in January, but foreclosure completions are falling faster than the seriously delinquent loan rate – resulting in an across the board increase in foreclosure pipeline ratios, according to Black Knight’s’ January 2015 Mortgage Monitor released today. Repeat foreclosure starts accounted for 51 percent of all foreclosure … The …

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Foreclosure Starts Reach 12-Month High; Completions Falling

By Brian Honea Foreclosure starts reached their highest level in a year in January, but foreclosure completions are falling faster than the seriously delinquent loan rate – resulting in an across the board increase in foreclosure pipeline ratios, according to Black Knight Financial Services’ January 2015 Mortgage Monitor released Monday. The post Foreclosure Starts Reach 12-Month High; Completions Falling appeared …

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Senate Banking Committee Chairman Calls for More Accountability from Fed

By Brian Honea Representative Richard Shelby (R-Alabama), Chairman of the U.S. Senate Committee on Banking, Housing, and Urban Affairs, expressed the need for more oversight and accountability from the Federal Reserve during a full committee hearing earlier this week. The post Senate Banking Committee Chairman Calls for More Accountability from Fed appeared first on DSNews. Via:: Senate Banking Committee Chairman …

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Small CLO Managers May Have Trouble Complying With Risk Retention Rule

By Brian Honea While several strategies have reportedly emerged to help small CLO managers who may be having trouble complying with the new risk retention rule, which was finalized in October 2014, but how effective these strategies are in achieving that goal remains uncertain, according to an announcement from Fitch Ratings. The post Small CLO Managers May Have Trouble Complying …

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Wisconsin Representative Continues CFPB Reform Efforts With Series of Proposals

By Brian Honea The Republicans’ effort to reform the Consumer Financial Protection Bureau continued on Friday with the introduction of a comprehensive reform package by U.S. Representative Sean Duffy (R-Wisconsin). The post Wisconsin Representative Continues CFPB Reform Efforts With Series of Proposals appeared first on DSNews. Via:: Wisconsin Representative Continues CFPB Reform Efforts With Series of Proposals       

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Economist: Job Gains Solid, But Muted Wage Gains Hindering Housing

By Brian Honea The U.S. unemployment rate dropped down to 5.5 percent in February, its lowest figure since May 2008, as 295,000 jobs were added, according to the February 2015 Employment Situation released by the Bureau of Labor Statistics on Friday. The post Economist: Job Gains Solid, But Muted Wage Gains Hindering Housing appeared first on DSNews. Via:: Economist: Job …

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DS News Webcast: Friday 3/6/2015

By Jordan Funderburk A New York appeals court approved in full Bank of America’s $8.5 billion settlement with investors over the packaging and selling of faulty residential mortgage-backed securities by its Countrywide unit in the run-up to the financial crisis, according to media reports. The settlement was originally reached in 2011. Thursday’s ruling by the appeals court reversed … The …

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