Tuesday , 20 October 2020

Buzz Feed

Fannie Mae Announces 17th Sale of Reperforming Loans

For about a decade GSE Fannie Mae has been carrying delinquent mortgages that have started performing again (that is, payments on the mortgages have become current with or without the assistance of modification of loan terms). Fannie Mae packages and markets the reperforming loans to investors, usually through a money center bank. Fannie Mae last … The post Fannie Mae …

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2 Million Forbearance Plans Set to Expire This Month

There was an improvement in the number of active forbearance plans this past week. The latest data from Black Knight shows that more than two million forbearance plans are set to expire in September. That number is already down 350,000 to 1.7 million in the first full week of the month as those expirations begin … The post 2 Million …

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3 New Types of Sustainable Insulation

Sustainable insulation materials include things that are rapidly renewable and non-toxic. Have you ever worked with fiberglass insulation? It can get up your nose and cause your hands and any exposed areas to itch. It can get into your lungs and cause complications. Sustainable insulation is made from natural products such as wool, cotton, and soy-based foam insulation. Below, we …

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Consumers More Upbeat on Buying and Selling Despite Lower Price Expectations; Rates Are NOT At All-Time Lows

Fannie Mae says its Home Purchase Sentiment Index (HPSI) which, before a slight setback in July, had been rebounding strongly from its April COVID-19 related plunge, got back on track last month. The August index, based on responses to six questions in the National Housing Survey (NHS), increased 3.3 points to a 77.5 reading. Five of the six components rose …

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Industry to Convene for Five Star Virtual Conference

On September 14-15, representatives from mortgage servicers, government agencies, service providers, and more will gather virtually for two days of education, discussion, and networking. Here’s how to participate. The post Industry to Convene for Five Star Virtual Conference appeared first on DSNews.

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6 Special Purpose Property Tips for Commercial Appraisal Reviewers

As a commercial appraisal reviewer, before you accept a review assignment of a special purpose property, you should become very knowledgeable in understanding the “business component” of these types of properties. This is especially true where there is a business component to be considered, as would be the case with senior living, hotel valuation, or hospitals. Business components in special …

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Navigating Distressed Asset Investment 

This story originally appeared in the September edition of DS News, out now. Turbulent times create opportunities and uncertainty. How do you identify what is a potential good investment versus a risky bet? Operational expertise and track record should be required from investors who are presented with opportunities in uncertain times. Asset-backed investments can provide … The post Navigating Distressed …

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The Push for Policymakers to Utilize ‘Groundbreaking’ Housing Data

Researchers from the think tank New America said that with eviction or foreclosure costing millions of Americans their homes every year, they are asking policymakers to more effectively leverage their new county-specific data on housing loss to target coronavirus aid. For the first time, the researchers are coupling county-level eviction and mortgage foreclosure data to … The post The Push …

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