DS News

DS News

Freddie Mac Offering Four NPL Pools Totaling $632 Million in UPB

By Brian Honea FHFA, Freddie Mac’s conservator, stated in its 2014 Report to Congress released in June that “FHFA’s expectation is that the sale of seriously delinquent loans through non-performing loan sales will result in more favorable outcomes for borrowers, while also reducing losses to the Enterprises, and, therefore, to taxpayers.” The post Freddie Mac Offering Four NPL Pools Totaling …

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GSEs Form Industry Advisory Group For Common Securitization Platform

By Brian Honea The CSP is a technology and operational platform that is being developed by CSS, the companies said. This new development is a new venture of both Freddie Mac and Fannie Mae. CSP will perform many of the core back office operations for the Single Security, as well as most of the Enterprises’ current securitization functions for single-family …

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RedVision Announces New Business Structure to Enhance Customer Experience

By Brian Honea RedVision, an independent national provider of title and real property research solutions based in Parsippany, New Jersey, recently announced in a press release the completion of their new business structure called the Customer Relationship Management (CRM) team to align cross-organizational resources across all points of the customer life cycle. The post RedVision Announces New Business Structure to …

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HUD Announces Final Rule to Further Fair Housing In HUD-Funded Communities

By Brian Honea The U.S. Department of Housing and Urban Development (HUD) announced Wednesday a final rule that will help communities that receive HUD funding get the help they need to meet fair housing obligations in the use of HUD funds, according to an announcement from HUD. The post HUD Announces Final Rule to Further Fair Housing In HUD-Funded Communities …

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DS News Webcast: Wednesday 7/8/2015

By Jordan Funderburk According to Fannie Mae’s June 2015 National Housing Survey, consumer attitudes toward the current condition of the home selling market and future home rental prices may launch purchase activity forward for the rest of 2015. Optimism among consumers about the housing market has reached new survey highs and strong job and income growth are making consumers … …

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Credit Availability Index Declines, Indicating Tightening Lending Standards

By Brian Honea The Total MCAI, which was benchmarked to 100 in March 2012, declined by 0.5 percent in June down to 122. The Conventional MCAI experienced the greatest decline in June (by 1.0 percent since May) out of the four component indices of the Total MCAI. The post Credit Availability Index Declines, Indicating Tightening Lending Standards appeared first on …

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House Subcommittee to Hold Hearing On Banks Designated as ‘Systemically Important’

By Brian Honea “Since the passage of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, there has been much discussion by members of Congress, regulators, and academic experts related to the designation and regulatory standards for bank holding company SIFIs,” the Committee wrote in a memorandum about Wednesday’s hearing. The post House Subcommittee to Hold Hearing On …

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June Trends Show Robust Growth in Both Housing Supply and Demand

By Brian Honea The increasing number of first-time homebuyers is another factor driving up the demand for housing, according to Realtor.com. Many of those first-time buyers are millennials who have been sidelined by the challenging market conditions. The post June Trends Show Robust Growth in Both Housing Supply and Demand appeared first on DSNews. Via:: June Trends Show Robust Growth …

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