Recent reports saying that borrowers burdened with student loan debt are having a hard time attaining homeownership. Those reports may be exaggerated, however.
Read More »Ocwen Agrees to Settle Compliance Suits
The cases revolve around accusations stemming from 2012 that Ocwen lied to the FHA about its compliance with HAMP rules, as well as FHA insurance programs.
Read More »Better Credit Scores Driving Loan Market
Compared with a decade ago, single-family home-purchase originations have been cut in half. But the denial rate is way down, too.
Read More »State of Servicing Industry With Five Star’s Delgado
Five Star Institute President and CEO Ed Delgado dove into the default, foreclosure, and REO industries in a webinar presentation on Thursday to advise members of the Federation of REO Certified Experts (FORCE) of past and present market conditions.
Read More »Ocwen Receives Mixed Review from Monitor
An independent monitor for the National Mortgage Settlement reported that Ocwen has fulfilled its consumer relief obligation under the NMS. But the news wasn't all good.
Read More »Is Something Amiss in the Reverse Mortgage Industry?
Why has an advocacy group asked HUD to impose a moratorium on reverse mortgage foreclosures?
Read More »3 Concerns About the FHFA’s Principal Reduction Program
Elyse Cherry, CEO of Boston Community Capital, a nonprofit community development financial institution, sat down with MReport to voice concerns and pitfalls within the FHFA's Principal Reduction Modification program and how the Agency should address them.
Read More »Will FHFA’s Principal Reduction Affect GSE Bottom Lines?
Fannie Mae and Freddie Mac will soon be required to offer principal reduction to certain seriously delinquent, underwater borrowers that are grappling with the after effects of the crisis. How will this affect the GSE bottom lines?
Read More »Five Star Institute CEO Addresses Identity Crisis Among Servicers
Five Star Institute President and CEO Ed Delgado said that companies which are slow to adapt to the changing real estate environment may be in trouble.
Read More »Five Star’s Delgado and HUD Secretary Castro Talk Community Preservation
Five Star Institute President and CEO Ed Delgado recently met with HUD Secretary Julián Castro to ask the Secretary to consider issuing a mortgagee letter to set the definition and criteria for identifying vacant and abandoned properties.
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