Friday , 25 September 2020

DS News

DS News

House Subcommittee to Hold ‘Dodd-Frank Act and Regulatory Overreach’ Hearing

By Brian Honea The Oversight and Investigations Subcommittee will convene on that day to discuss the controversial piece of legislature, which was enacted in 2010 in response to the financial crisis. The Chairman of the Oversight and Investigations Subcommittee, Representative Sean Duffy (R-Wisconsin), has been an outspoken critic of Dodd-Frank. The post House Subcommittee to Hold ‘Dodd-Frank Act and Regulatory …

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Former FDIC Chair Chosen as President of Private Maryland College

By Brian Honea Former Federal Deposit Insurance Corp. chair Sheila Bair has been announced as the new president of Washington College, a private liberal arts school in Maryland, according to an announcement from Washington College. Bair will be the 28th president overall and first female president of historic Washington College, which was founded in 1782. The post Former FDIC Chair …

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Regulatory Changes, Reputational Risk, Economics Are Factors in Shift to Non-Bank Servicing

By Brian Honea Reputational risk “remains high with regard to any and all foreclosures,” Schwartz said. The crisis gave regulators the ammunition they needed to create loan servicing-specific legislation and policies, which resulted in the straining of the execution of collection and default services for many servicers, whereas those practices had worked well for them prior to the crisis. The …

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DS News Webcast: Thursday 5/7/2015

By Jordan Funderburk Housing and economic activity has returned to or exceeded normal levels in 68 of about 360 metropolitan areas in the country as of the end of Q1 2015, according to the National Association of Home Builders/First American Leading Markets Index released Wednesday. The 68 markets represent a year-over-year increase of seven markets. The score for … The …

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Spring Gains Mean Good News For Housing Moving Forward

By Brian Honea Despite the gains for the housing market this spring, the Census Bureau reported that homeownership nationwide had fallen to 63.7 percent in Q1, its lowest level since the 1990s, with ongoing declines happening primarily among households under age 45. The post Spring Gains Mean Good News For Housing Moving Forward appeared first on DSNews. Via:: Spring Gains …

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Single-Family Rental Transactions See Low Delinquencies, Improved Vacancies

By Brian Honea Delinquencies remained low among 15 single-family rental securitizations for March, according to data reported by Morningstar Credit Ratings in a recent report titled “Single-Family Research: Performance Summary Covering All Morningstar Rated Securitizations.” The post Single-Family Rental Transactions See Low Delinquencies, Improved Vacancies appeared first on DSNews. Via:: Single-Family Rental Transactions See Low Delinquencies, Improved Vacancies       

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