Roger Fendelman | May 20
The qualified mortgage rule is a special carve-out to the ability to repay requirement.
Kathalin Carvalho | May 17
Third-party service providers can use review models to evaluate the legal, operational and financial effect of new rules.
Herman Thordsen | May 16
On May 8, four men were convicted in a California court of defrauding hundreds of victims in a real estate scam that included fraudulently collecting upfront fees for loan modification services.
Pramod Karachur | May 16
An effective client management system can help the process following an initial counseling session.
Lisa Weaver | May 15
Small and midsize financial institutions and nonbanks look to steady their income stream by retaining servicing in lieu of servicing release premiums.
Shari Olefson | May 14
At the end of the day, the debate over the future of the Federal Housing Administration, Fannie Mae and Freddie Mac boils down to one question: What is the appropriate role for government in housing finance?
George Yacik | May 13
The supply of foreclosed homes and REOs is dwindling quickly and probably has already peaked.
Ari Karen | May 10
It appears that one of the chief enforcement tools of the Consumer Financial Protection Bureau is the use of the horizontal audit.
Steve Wiser | May 07
In the modern world, paper documents are an obstacle between servicers and their own potential competitiveness.
Randy Wussler | May 01
Especially markets hit hardest by the housing crisis are the most attractive options for REO-to-rental investors. But how can servicers and investors identify which markets will achieve the greatest ROI?
Joe Dombrowski | Apr 30
Old Data is dead, long live New Data.
What We're Hearing
Ted Cornwell | Apr 22
We're hearing the word optimism can be used in the same sentence as “mortgage servicing rights” again.
Sanjeev Dahiwadkar | Apr 19
Housing counseling agencies have long been known for their ability to provide solid advice on alternatives, rental options, credit repairs and a range of other topics, including reverse mortgages.
Michelle Rowley | Apr 17
From smartphones and tablets to social networking, technology infiltrated the way we live so immensely it is hard to imagine not having them constantly at our fingertips.
Earl Cummings | Apr 15
The demand for homeownership has always been a primary indicator of the state of the national economy.
Peter Berman | Apr 11
Despite the absence of precise data, it is well understood that the number of failed new home developments is significant.
Anne Politis | Apr 09
The return to a purchase market will not be easy for many lenders.
Aurora Marsh | Apr 08
In just the past couple of years, servicers have had to scramble to keep up with the overflow of documents that need to be recorded in the nation’s more than 3,600 recording districts.
Herman Thordsen | Apr 04
The California Department of Real Estate has issued an internal directive to start broker office surveys, which include unannounced and unscheduled visits to brokers' offices.
Ronald Jasgur | Apr 03
Fewer delinquent loans have slowed the flow of REO, so we're seeing more servicers looking to bring management functions in-house in order to better control costs.
Lynn Effinger | Mar 27
History has demonstrated that mankind was only able to evolve and advance by developing the ability to communicate with others, to work together to achieve common goals to the benefit of all.
Bill Garland | Mar 27
It’s a good time to be a special servicer.
Tucker McDermott | Mar 25
Just about everyone deserves a second chance when it comes to challenges faced in life.
Herman Thordsen | Mar 25
The appellate court reversed and allowed the plaintiff to sue JPMorgan Chase for fraud and breach of written contract.
Michelle Rowley | Mar 19
Several industry solution providers have led the pack in advancing the quality and availability of mortgage data, analytics and compliance.
What We're Hearing
Bonnie Sinnock | Mar 19
We're hearing that some in the mortgage industry are finding recent legal developments are further complicating and even potentially changing business decisions involving sales of nonperforming loans from the private-label residential mortgage-backed securities market.
What We're Hearing
Ted Cornwell | Mar 18
We're hearing MERS is far from done spending time and money defending its right to serve as the official record of who owns mortgages and servicing rights.
The Blog Stops Here
Dave Vida | Mar 18
New vendor management requirements place increased scrutiny on how banks and nonbanks are managing third-party risk, while it is clear that the regulators and government agencies expect more oversight.
What We're Hearing
Matt Strickberger | Mar 12
We're hearing online lenders’ reputations grow publicly with every failure, to paraphrase George Bernard Shaw.
Angela Hurst | Mar 08
2013 is the year the housing market will see even stronger recovery.
