Wednesday , 21 October 2020

DS News

DS News

Numbers Don’t Lie: Complaints to the CFPB May Not Be What They Seem

By Brian Honea In fact, the industry discovered that simply analyzing data from the CFPB is not enough, especially since the database arrives with its own built-in bias—that bias being the very nature of the database itself. It collects complaints, not praises, and ignores the larger universe of loans serviced nationwide. To fill the void of well-rounded data, Black Knight …

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Housing Alliance to Continue Borrower Outreach Events in Midwest

By Brian Honea Aside from the event scheduled for Chicago on May 27, HOPE NOW has announced borrower outreach events for St. Louis (June 13) and Cleveland (July 11) as part of an effort to focus on the Midwest. HOPE NOW said it plans to host events later in the year in Ft. Lauderdale, Hartford, Memphis, and Los Angeles. The …

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Temporary Factors Slowed Economic Growth in Q1, Analyst Says

By Brian Honea In his commentary, Kan mentions that refinances are expected to be $551 billion in 2015, compared to a previously estimated $510 billion. MBA now estimates a total of $1.28 trillion in mortgage originations for 2015, compared to $1.12 trillion in 2014. The post Temporary Factors Slowed Economic Growth in Q1, Analyst Says appeared first on DSNews. Via:: …

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Eight of the Top 10 Hottest New Home Sales Markets Are in the South

By Brian Honea According to CoreLogic, San Jose, California, was the metro area with the second-highest year-over-year home sales growth with 14 percent. San Jose was one of only two of the top 10 markets for highest year-over-year new home sales growth; the other was Portland, Oregon, which was eighth. Atlanta, Georgia, ranked third at 10 percent. The post Eight …

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DS News Webcast: Tuesday 5/26/2015

By Jordan Funderburk The national percentage of residential single-family properties that were REO was 10 percent as of February 2015, which is five times its pre-crisis share of 2 percent, meaning that in many metro areas the REO share is still way above pre-crisis levels, according to data released by CoreLogic. In the May 2015 MarketPulse, Senior Economist Molly … …

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Congressman Says Excessive Regulation Slows Economic Growth, Hurts Entrepreneurs

By Brian Honea “The CFPB continues to issue new regulations designed for massive, ‘systemic-risk’ financial institutions without considering how those same rules harm small businesses, community banks, and credit unions,” Pittenger said last month after H.R. 1195 passed in the House. The post Congressman Says Excessive Regulation Slows Economic Growth, Hurts Entrepreneurs appeared first on DSNews. Via:: Congressman Says Excessive …

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REO Share Still Way Above ‘Normal’ Levels in Many Metros

By Brian Honea In CoreLogic’s May 2015 MarketPulse released earlier this week, Boesel examined the question of whether or not REO share was headed back toward “a more normal level.” Its most recently measured rate of 10 percent is far below the share at the worst of the crisis, which was 28 percent. In some metros, the REO share got …

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