Servicing

The housing recovery has been uneven across the country due to several factors, including supply and demand issues, a large volume of distressed inventory, high unemployment and a slowdown in building permit activity.DataQuick has completed an analysis featuring some of the largest counties nationwide evaluating the recovery performance in these regions through July 2013. The analytic provider also offers insights what to expect for each market during 2014.

Increased national and international regulatory burdens are challenging mortgage firms to build efficient compliance risk mitigation strategies and test their business models against cyber-crime. A few themes are emerging.

Potential owners a little short on the downpayment may be able to sell a piece of the upside potential in their property.

The only relief might come from a deduction for first-timers if they get housing counseling.

The industrial delinquency rate got more than 1% lower in November, as hotel delinquencies fell by 68 basis points and office delinquencies declined by 18 basis points during the month.

Over the last year to 18 months, some people have been of the opinion that REO-to-rental signifies a trade, not necessarily a long term business model.

Rapid home value appreciation, particularly in California, is currently having a very positive effect on the Zillow Market Health Index score.

The proceeds are to be used to purchase servicing rights and general corporate purposes.

Despite signs of retraction there still is hope for a consistent albeit slow housing market recovery in 2014, TransUnion analysts say.

The annual suspension will run from Dec. 18 through Jan. 3.