Fraud Takes Aim At Servicing And Loss Mit
REQUIRED READING: If you are working in default servicing or loss mitigation and feel like you are at the center of the proverbial...
Dissecting Dodd-Frank’s Loan Servicing Mandates
REQUIRED READING: Servicers, take heart - you are not alone in trying to solve the riddle that is the Dodd-Frank Wall Street Reform...
Risk Management Continues To Evolve
REQUIRED READING: Today's mortgage banking industry looks nothing like the industry of five years ago. Heck, it doesn't even look like last year's...
Who Is A ‘Homeowner’ In HECM Transactions?
REQUIRED READING: Federal government agencies are supposed to be responsible for protecting consumers. So how did the U.S. Department of Housing and Urban...
The Future Of Servicing In Private-Label RMBS
REQUIRED READING: In the face of steadily rising loan delinquencies, nationwide home-price depreciation, housing shadow inventories that may take years to work out,...
The Fall And Rise Of The Housing Market – Part Four
SPECIAL REPORT: Lewis Carroll once wrote, 'If you don't know where you are going, any road will take you there.' This might be...
The Fall And Rise Of The Housing Market – Part Three
SPECIAL REPORT: In ancient Greek mythology, Sisyphus was a king who was eternally condemned to roll a boulder up a steep hill, only...
The Fall And Rise Of The Housing Market – Part Two
SPECIAL REPORT: During the summer of 2007, as the housing market began to show significant signs of fraying, then-President George W. Bush did...
The Fall And Rise Of The Housing Market – Part One
SPECIAL REPORT: In March 2007, the Ohio Housing Finance Agency (OHFA) announced that it was issuing $100 million in taxable municipal bonds. On...
Taking Government Out Of Housing Finance
REQUIRED READING: The housing finance market, like other U.S. industries and housing finance systems in most other developed countries, can and should principally...
Ask (Correctly) And You Shall Receive
REQUIRED READING: If you are like most financial services executives, when it comes down to it, you are downright scared of being direct...
What Constitutes A QWR Under RESPA?
REQUIRED READING: A recent 7th Circuit Court of Appeals decision regarding the scope of qualified written requests (QWRs) under the Real Estate Settlement...
Easing The Acrimony Between Agents And Servicers
REQUIRED READING: An influx of short sale activity over the past two years has stretched thin many a servicer-Realtor relationship, bringing to a...
Restoring Trust And Reducing Risk With Loan-Level Reviews
REQUIRED READING: Perhaps there was a time when mortgage lenders, their investors, their warehouse-line providers and servicers could afford to do quality checks...
MSR Risk Management If You’re Not A Top-20 Shop
REQUIRED READING: In recent years, the majority of servicers that hedged the interest-rate risk of their mortgage servicing right (MSR) portfolios have done...
In Defense Of Fannie And Freddie
REQUIRED READING: After existing in some form or another for over 70 years, it would seem that government-sponsored enterprises (GSEs) Fannie Mae and...
An Overview Of Today’s Warehouse-Lending Sector
REQUIRED READING: A year ago, there were fewer warehouse banks in the market, and volumes were much higher, leaving many lines at capacity...
The Condo Sector Struggles To Regain Its Footing
REQUIRED READING: While the economic crisis has created significant problems across the full spectrum of the residential home loan market, it appears that...
To Share Or Not To Share – That is The Question
REQUIRED READING: There are a number of people who assert that field calls cannot be performed by third parties because it is illegal...
Is A New Model Emerging In Vendor Management?
REQUIRED READING: The utilization of third-party vendors has long been a common practice within the business of residential mortgage loan servicing. Vendors are...