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Three quarters of commercial real estate executives surveyed by KPMG LLC said distressed real estate would have an impact on their investment strategies over the next 12 months.
October 6 -
Rep. Elijah Cummings, D., Md., ranking member of the House Oversight Committee, and other members of Congress are set to meet with GSE regulator Ed DeMarco Thursday afternoon to discuss President Obama's yet-to-be released refinancing plan.
October 6 -
An analyst for FBR Capital Markets thinks Walter Investment Management could see the servicing rights for more loans coming to it from the Bank of America/Fannie Mae transaction.
October 6 -
GMAC Mortgage LLC, Fort Washington, Pa., and Loan Value Group, Rumson, N.J., have partnered in an effort to provide cash incentive rewards to certain VA borrowers who are under water on their loans, make timely and consistent payments on their mortgages and meet other criteria.
October 6 -
Servicers completed only 25,400 HAMP modifications in August -- the lowest number of monthly completions this year, according to new figures released by the Treasury Department.
October 6 -
Home prices in the U.S. decreased 0.4% in August on a sequential basis, the first monthly decline in four months, according to new figures released by CoreLogic.
October 6 -
The Federal Housing Administration, facing a dramatic increase in technical defaults on reverse mortgages, will launch a major review of its program with a possible overhaul coming down the road.
October 6 -
In the mortgage industry changes can be exciting and frightening at the same time, said Cheryl Lang, president and CEO of Houston-based Integrated Mortgage Solution.
October 5 -
With real estate agents struggling to sell their REO and foreclosed properties in a difficult economy, RealtyBid.com is offering these individuals a discount to use their online auction website to try to get rid of their assets.
October 5 -
Mortgage REIT Dynex Capital Inc. has entered into a memorandum of understanding reflecting an agreement in principle to settle all claims in a class action lawsuit and separately said it expects to exercise a refinancing option on collateralized financings.
October 5
