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Daily Dose

MBS Performance at Five-Year Low

Efforts by the Federal Reserve to prop up the mortgage-backed securities (MBS) market do not appear to have worked as well as hoped, according to a new data analysis released by Bloomberg. As of Sept. 29, the Bloomberg Barclays U.S. ...

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Ohio Courts Add Program to Expedite Settlement Process

The United States Bankruptcy Court for the Southern District of Ohio recently announced a Mortgage Modification Mediation Program (MMM Program) to facilitate negotiations and expedite the settlement process between debtors and creditors within the bankruptcy proceedings. “The MMM Program shall ...

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FHFA Addresses the Language Barrier

The FHFA, which oversees Fannie Mae and Freddie Mac, recently announced new resources for Americans who need assistance with mortgage loans but who possess limited English-language proficiency. That could be causing homeowners extra hardships during an already trying time, the ...

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Commentary: Making it as a Female Mortgage Servicer

Meg Whitman, the former CEO of eBay and Hewlett Packard, once said that “passion is the fuel behind a successful career,” and I’ve certainly found that to be true. My earlier career objectives were not even remotely close to mortgage, let alone servicing technology. Yet this ...

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States That Stand to Lead Home-Equity Origination

Due to economic impact of COVID-19, more Americans are taking out home-equity and other types of loans, according to a new study by WalletHub. "Americans who are having trouble with their finances during the COVID-19 pandemic are searching for all sorts ...

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