Thursday , 3 December 2020

DS News

DS News

Counsel’s Corner: Court System is Biggest Challenge in Foreclosure, Eviction Cases

By Brian Honea Counsel’s Corner is an ongoing series in which DS News talks with default servicing attorneys around the country about the most pressing issues facing the default servicing industry. This installment features Keith Werwas, Assistant VP and Managing Attorney for Potestivo & Associates. The post Counsel’s Corner: Court System is Biggest Challenge in Foreclosure, Eviction Cases appeared first …

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Watt Discusses FHFA’s Progress Toward Goals in Speech

By Brian Honea Federal Housing Finance Agency (FHFA) Director Mel Watt discussed the progress toward the Agency’s three main goals – maintaining, reducing, and building – in a speech he delivered Thursday at the Goldman Sachs Housing Finance Conference in New York. The post Watt Discusses FHFA’s Progress Toward Goals in Speech appeared first on DSNews. Via:: Watt Discusses FHFA’s …

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AACER: Bankruptcy Filings Continue Year-Over-Year Decline, But Rise 10 Percent Monthly

By Brian Honea While bankruptcy filings nationwide in February continued their trend of year-over-year decline since the foreclosure crisis peaked in 2010, the number of filings rose slightly from January to February, according to AACER bankruptcy data reported by Epiq Systems. While February featured one fewer filing day than January did (19 compared to 20), bankruptcy filings nationwide totaled 65,002 …

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Neugebauer Introduces CFPB Reform Bill

By Samantha Guzman U.S. Representative Randy Neugebauer (R-Texas) introduced a bill this week intended to replace the director of the Consumer Financial Protection Bureau (CFPB) with a five-member commission. He announced his plan to support legislation in his testimony at House Financial Services Committee (HFSC) hearing held on Tuesday, March 3. The post Neugebauer Introduces CFPB Reform Bill appeared first …

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DS News Webcast: Thursday 3/5/2015

By Jordan Funderburk Approximately 1 point 88 million homeowners nationwide received a mortgage solution or foreclosure alternative in the form of a loan modification, short sale, deed-in-lieu of foreclosure, or other workout plan during 2014, according to data released Wednesday by HOPE NOW. The 2014 numbers brought the total number of solutions the industry has offered to homeowners since 2007, …

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Lack of Credit Availability, Low Inventory Challenging Housing Market

By Brian Honea Two challenges facing the U.S. housing market is currently facing two challenges – a dearth of credit creation and a lack of available inventory, according to a report released Wednesday by the Kroll Bond Ratings Agency (KBRA) that is scheduled to be presented Thursday by KBRA Senior Managing Director and Head of Research Christopher Whalen at the …

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Market Conditions Mixed in Fed’s Latest Beige Book

By Samantha Guzman Weather conditions slowed home construction in New York, Philadelphia, and Cleveland and caused Boston to have low levels of inventory. The report notes that lack of desirable lots and low inventory levels continue to slow the market. The post Market Conditions Mixed in Fed’s Latest Beige Book appeared first on DSNews. Via:: Market Conditions Mixed in Fed’s …

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