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Author Archives: Admin

DS News Webcast: Friday 11/13/2015

Most analysts and economists are predicting a rate liftoff by the Federal Reserve in December after nine years of at or near zero short term interest rates. Recent mixed macroeconomic data, which includes many housing metrics, may delay that liftoff ...

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DS News Webcast: Thursday 11/12/2015

The Republicans vying for the presidential nomination may have disagreed on many topics in Tuesday’s nationally televised debate, but they all pretty much agree on one thing—they don’t like Dodd-Frank. GOP presidential hopefuls such as Marco Rubio, Jeb Bush, and ...

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DS News Webcast: Wednesday 11/11/2015

Amid the continuing epic decline in foreclosure inventory, there was one notable hiccup in CoreLogic’s September 2015 National Foreclosure Report released on Tuesday—foreclosure completions spiked by nearly 50 percent. The number of completed foreclosures surged from 37 thousand in August ...

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DS News Webcast: Tuesday 11/10/2015

Fannie Mae and Freddie Mac recently announced that the standard mortgage modification interest rate will be under 4 percent for the first time ever since the benchmark was established in January 2012. Fannie Mae will lower its standard modification interest ...

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DS News Webcast: Friday 11/6/2015

Foreclosure, REO, News, Webcast

Just two days after fellow GSE Freddie Mac reported a net loss of 475 million dollars for Q3, Fannie Mae reported a net income of 2 billion dollars for the third quarter and a comprehensive income of 2 2 billion ...

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DS News Webcast: Thursday 11/5/2015

The share of distressed home sales that comprise all residential home sales in the United States continued its steady decline in August and is less than three years away from reaching its historical “normal” level, according to data released by ...

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DS News Webcast: Wednesday 11/4/2015

Freddie Mac reported a net loss of 475 million dollars for Q3 2015 in its 10-Q filing with the Securities and Exchange Commission on Tuesday, the first time the GSE has reported a quarterly net loss in four years. In ...

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DSNews Webcast: Tuesday 11/3/2015

Foreclosure, REO, News, Webcast

Bank of America’s troubles with residential mortgage-backed securities are not over yet. According to the bank’s quarterly filing with the Securities and Exchange Commission, the bank has agreed to pay 335 million dollars to settle a federal lawsuit that claims ...

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DS News Webcast: Friday 10/30/2015

Foreclosure, REO, News, Webcast

In a nationwide survey of real estate investors bidding on single-family residential properties offered for auction during the third quarter of 2015, online real estate marketplace Auction.com found that flipping is still the preferred strategy over hold-to-rent. Largely due to ...

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