DS News

DS News

Report: Investors Move Toward Potential Ocwen Lawsuit

By Tory Barringer A group of mortgage bond investors has sent Ocwen Financial Corp. a notice of non-performance in what could be the precursor toward a future lawsuit. The post Report: Investors Move Toward Potential Ocwen Lawsuit appeared first on DSNews. Via:: Report: Investors Move Toward Potential Ocwen Lawsuit       

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Mississippi Has Highest Delinquent Mortgage Rate Again

By Brian Honea Just as it did in November, Mississippi led all states with the highest percentage of non-current mortgages and serious delinquent mortgages in December, according to data released recently as part of Black Knight Financial Services’ December 2014 “First Look” at mortgage data released Friday. The post Mississippi Has Highest Delinquent Mortgage Rate Again appeared first on DSNews. …

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Leading Economic Indicators Advance for Fourth Month in a Row

By Tory Barringer Despite recently seeing their strongest year in more than half a decade, housing starts are still running below their long-term average of about 1.5 million annually—and that situation isn’t expected to normalize for at least another few years, if economists’ forecasts are right. The post Leading Economic Indicators Advance for Fourth Month in a Row appeared first …

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Titan Capital Solutions Now Buying ‘Scratch and Dent’ Loans

By Tory Barringer Titan Capital Solutions (TCS), a wholly owned correspondent investment subsidiary of Denver-based Titan Lenders Corp., has recently begun to purchase certain investor-rejected loans, the company announced Thursday. The post Titan Capital Solutions Now Buying ‘Scratch and Dent’ Loans appeared first on DSNews. Via:: Titan Capital Solutions Now Buying ‘Scratch and Dent’ Loans       

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DS News Webcast: Friday 1/23/2015

By Jordan Funderburk Just one month after experiencing the largest monthly increase in six years, the nation’s mortgage delinquency rate took a big tumble in December, according to Black Knight Financial Services’ December 2014 First Look at Mortgage Data released today. The mortgage delinquency rate, or the percentage of mortgage loans that are 30 days or more past due but …

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Summit Valuations President Discusses Trends That Will Impact Home Finance Industry in 2015

By Brian Honea Trends involving volume and investing in smaller valuation companies to ensure quality valuations will impact the home finance industry in 2015, according to an email from Summit Valuations President Ron Ahlensdorf, Jr., to his firm’s staff and clients. The post Summit Valuations President Discusses Trends That Will Impact Home Finance Industry in 2015 appeared first on DSNews. …

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Delinquency Rate Tumbles in December, Reversing November’s Large Increase

By Brian Honea Just one month after experiencing the largest monthly increase in six years, the nation’s mortgage delinquency rate took a big tumble in December, according to Black Knight Financial Services’ December 2014 “First Look” at Mortgage Data released Friday. The mortgage delinquency rate, or the number of mortgage loans that are 30 days or more past due but …

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Judge Denies Treasury’s Attempt to Reverse Pershing Square’s Dismissal of GSE Lawsuit

By Brian Honea A U.S. District judge on Wednesday denied the U.S. Department of Treasury’s motion to strike Pershing Square Capital Management’s voluntary dismissal of a lawsuit it filed in August over misappropriation of government funds. The post Judge Denies Treasury’s Attempt to Reverse Pershing Square’s Dismissal of GSE Lawsuit appeared first on DSNews. Via:: Judge Denies Treasury’s Attempt to …

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