Tuesday , 24 November 2020

Buzz Feed

Fannie Mae Among “Best-of-the-Best Corporations for Inclusion”

Fannie Mae was named a top company for inclusion by the National Business Inclusion Consortium, a coalition formed by the National LGBT Chamber of Commerce, according to Fannie Mae. This year’s fifth annual “Best-of-the-Best Corporations for Inclusion” cohort features corporations that across all communities in America are all in on diversity and inclusion. Internal, external, … The post Fannie Mae …

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Loan Performance Report Reveals ‘Good News’

According to a representative from Black Knight, their data analysts’ monthly loan-performance report contains “pretty much good news all around, though most of it is the slow-and-steady-wins-the-race variety.” In summary, mortgage delinquencies continued to improve in October, falling another 3.3% from September to reach the lowest level since March (6.44%). Month-over-month, there are 105,000 fewer … The post Loan Performance …

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Revisiting the Regulatory Framework for Nonbank Mortgage Lenders

Federal Reserve Governor Michelle Bowman last week suggested revisiting the regulatory framework that defines how nonbank mortgage lenders operate. Speaking last week via webcast to the 2020 Financial Stability Conference hosted by the Federal Reserve Bank of Cleveland and the Office of Financial Research, Bowman noted that the U.S. economy and financial services system came … The post Revisiting the …

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DS5: Navigating the ‘Extremely Complicated’ World of Bankruptcy

In this week’s DS5: Inside the Industry, BK Global CEO Brad Geisen discusses the challenges his industry might face in the coming years including anticipated unemployment and bankruptcies and the potential impact on homeownership. “Bankruptcy is extremely complicated, and for servicers that can be problematic, because a servicer likes to have a structure,” Geisen said. “There … The post DS5: Navigating …

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DS5: Anticipating Bankruptcies in 2021 and Beyond

In this week’s DS5: Inside the Industry, BK Global CEO Brad Geisen discusses the challenges his industry might face in the coming years including anticipated unemployment and bankruptcies and the potential impact on homeownership. “Bankruptcy is extremely complicated, and for servicers that can be problematic, because a servicer likes to have a structure,” Geisen said. There … The post DS5: Anticipating …

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1.5 MBS Coupons Are Here! What Does That Mean? Are They Cursed?

There are no significant events on the economic calendar today, and it is the last full trading day of the last full trading week before the winter holiday season. All that to say that trading will be heavily influenced by factors that transcend the simple notion of reacting to data/events in the market. This can include things like “position squaring” …

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The Week Ahead: Housing for Low-Income Americans

The National Low Income Housing Coalition (NLIHC) will host its weekly “National Call on Coronavirus, Disasters, Housing, and Homelessness” this Monday, November 23 at 2:30 p.m. EST. The informational group call is intended to help provide “new opportunities for local, state, and national organizations to dive deeper into the critical issues facing our communities during … The post The Week …

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The Week Ahead: A Breakdown of Delinquency Statistics

This week, on Monday, November 23, Black Knight will release its First Look at July mortgage performance data. Monday’s delinquency numbers, which will cover October 2020, count all homeowners who have missed payments, whether they are in forbearance plans or not, noted a Black Knight representative. The data-analysis outfit will detail: Total U.S. loan delinquency … The post The Week …

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