Bank of America showed a drop in mortgage income as well as a substantial drop in overall profits despite mortgage production increasing in Q2. What will mortgage earnings for Q3 hold?
Read More »OwnAmerica Attracts 1.8 Million SFR Properties in First Month
Investors have installed more than $1.8 billion in assets on the OwnAmerica Portfolio Visualizer in the first 30 days, with over $200 million made available for purchase.
Read More »idsDoc and PathSoftware Come Together
PathSoftware is now integrated with idsDoc, the flagship solution from mortgage document preparation vendor International Document Services, Inc.
Read More »HUD Allocates Housing Relief Funds
HUD awards states recover funds after severe flooding events that occurred earlier this year.
Read More »Banks See Profits Take a Downward Turn
The banks that released their third quarter earnings reports all saw year-over-year declines in profits, but a couple of them fared better in mortgage banking.
Read More »Top 10 States for Foreclosure
New data from CoreLogic’s and RealtyTrac’s respective foreclosure reports show one in every 1,600 housing units had a foreclosure filing. Which states claim the spots for the top 10 highest foreclosure rates?
Read More »A Look at What’s in Store for the CFPB
Colgate Selden, former Senior Counsel in the CFPB Office of Regulations, discusses the possible effect that the PHH Corp. v. CFPB decision will have on the Bureau's daily operations.
Read More »What’s Behind Fannie Mae’s Reperforming Loans Sale?
Bob Ives, VP of Retained Portfolio Asset Management for Fannie Mae, recently spoke with DS News to discuss the GSE’s latest announcement for its pilot sale of reperforming loans and the reasons behind this new category of offerings.
Read More »Following Suit: Prevention Activities Decline
The GSEs are preventing fewer foreclosures. Here's why that's not a bad thing.
Read More »The Impact of Hurricane Matthew on Credit Risk Transfers
A recent report from KBRA has evaluated exposure across its outstanding ratings including prime jumbo PLS transactions and credit risk transfer transactions in the counties devastated by Hurricane Matthew.
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