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The proposal would add reforms aimed at broadly prioritizing owner-occupant access and end the "test" or "demonstration" mode these sales have been in since 2002.
July 17 -
A Rocket Mortgage securitization is the first private investor deal with a high share of e-notes, and the company is considering use with another loan product type.
July 15 -
Property insurance and taxes account for over one-third of current loan performance risk, according to Auction.com's recent survey of default servicing leaders.
July 12 -
The Consumer Financial Protection Bureau has proposed requiring that mortgage servicers exhaust all efforts at assisting struggling borrowers before moving ahead with a foreclosure.
July 10 -
Household borrowing from mortgages and other loans hit a record, outpacing inflation, a study shows.
July 1 -
New York Mortgage Trust's 9.125% notes due 2029 may help fund new purchases of mortgages and securitizations in the private or agency markets.
June 26 -
Although experts are predicting an active season, actual damages could be lower depending on how many storms make landfall and where, Corelogic reported.
May 31 -
Fears that foreclosures and abandoned property rates could spike once Covid-19 moratoriums ended have not come to fruition, Attom Data Solutions said.
May 30 -
The Federal Housing Administration's clarification addresses interpretations of an 8th U.S. Circuit Court of Appeals decision that increased industry costs.
May 29 -
Professionals also must grapple with the issue of wanting liquidity on assets in an era of low production.
May 22