DS News

DS News

DS News Webcast: Friday 5/15/2015

By Jordan Funderburk Measures on delinquencies, foreclosures, and bankruptcies all improved in the first quarter of 2015, while overall household debt remained about 6.5 percent below its peak of $12.68 trillion in Q3 2008, according to the Federal Reserve Bank of New York’s Household Debt and Credit Report released earlier this week. The percentage of outstanding debt in … The …

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Freddie Mac Expert Discusses Options for Struggling Borrowers

By Brian Honea Today, Freddie Mac receives about one tenth of the amount of calls it was receiving during the immediate aftermath of the housing crash (about 40,000 per month, or 1,300 per day), but many homeowners facing financial setbacks are still calling Freddie Mac hoping the GSE will have a solution for them, whether it allows them to keep …

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Real Estate Investors Expanding Property Searches, Broadening Strategies

By Brian Honea Visio found that 63 percent more investors are considering purchasing properties over $200,000, while sub-$40,000 deal interest has decreased, compared with last year’s report. Investors are also seeking to enhance their investment return strategy by fixing and flipping homes and building their rental portfolios. The post Real Estate Investors Expanding Property Searches, Broadening Strategies appeared first on …

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Aspen Grove Solutions Renews National Appraisal Congress Sponsorship

By Brian Honea Aspen Grove’s renewal comes at a time when NAC members are spearheading initiatives designed to address issues impacting the valuations industry—namely barriers preventing entry into the appraisal profession, as well as a lack of standardization in regulations governing apprentice appraisers and routine background checks. The post Aspen Grove Solutions Renews National Appraisal Congress Sponsorship appeared first on …

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Agency MSR Deal Worth $45 Billion Finalized Between Chase, Ocwen

By Brian Honea Ocwen first announced on March 2 it had signed a letter of intent to sell the the $45 billion portfolio, which includes about 266,000 high-quality Fannie Mae loans, to an anonymous buyer. Media reports that surfaced later that week indicated that the buyer was Chase, which was confirmed on Thursday by both parties in the transaction. The …

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DS News Webcast: Thursday 5/14/2015

By Jordan Funderburk Real estate investors still prefer flipping as a strategy over renting, albeit by a narrowing margin, according Auction.com’s April 2015 Real Estate Investor Activity Report released on Wednesday. Whereas the data from Q1 showed that flipping was gaining momentum, the April monthly survey showed that the gap between the preference for renting and flipping was closing. The …

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