Sunday, November 24, 2024

Industry Updates

Supreme Impact: Carlisle’s Effect On FDCPA Rulings

REQUIRED READING: At a time when the default servicing industry has perhaps had to evolve faster and more efficiently than ever before, mortgage...

When Worlds Collide: Investors Question Servicer Intent

REQUIRED READING: It is no secret that investors, extremely disappointed with the performance of private-label mortgage-backed securities, have been aggressively pursuing remuneration from...

Happy Days Are Not Quite Here Again

REQUIRED READING: Our overall economy is growing at a steadily increasing pace, and inflation is low and stable - although, as always, visible...

National Standards Appear On The Horizon

REQUIRED READING: The calls for servicing standards are intensifying, but finding consensus on how to establish such a code nationwide, let alone on...

Fraud Lurks Behind Resale Transactions

REQUIRED READING: With any surge in volume - no matter what type of transaction - comes an increased risk of fraud. There will...

Efficient Liquidations Begin With Broker Selection

REQUIRED READING: Searching for and selecting qualified agents to manage nonperforming real estate assets in specific markets is critical to the overall success...

Preparing A Game Plan To Fight Repurchase Claims

REQUIRED READING: It has been a turbulent two years in the mortgage markets. Fresh off the heels of one of the most severe...

Will Vendor Relations Be Impacted By Changes In The Industry?

REQUIRED READING: Based on what transpired in the last few years, the single most important area that will influence vendor services this year...

MBA Gives State Of Real Estate Finance Address

REQUIRED READING: The projected dollar volume for one- to four-family mortgage originations this year will fall to $966 billion from about $1.5 trillion...

The Right (And Wrong) Way To Use Appraisal Technology

REQUIRED READING: These days, there is a big push across the industry for greater transparency. All parties, from originators to investors to regulators,...

The Overlap Of Foreclosure Deficiencies And Title Insurance

REQUIRED READING: The presence of a foreclosure in the chain of title does not alter the title industry's duty to provide title assurance...

A Rule Refresher For MERS Members

REQUIRED READING: The first full month of winter is now upon us, and snow blankets the landscape in much of the country, providing...

Due-Diligence Requirements Change With The Times

REQUIRED READING: For the past two years, the question on everyone's mind has been, what will it take to restart the non-agency securitization...

Show Of Force: The Ins And Outs Of Lender-Placed Insurance

REQUIRED READING: With the bursting of the U.S. housing market bubble, a number of formerly little-considered terms in a typical mortgage have gained...

Proper Document Diligence Will Stem Compliance Losses

REQUIRED READING: The soaring number of residential foreclosures, personal bankruptcies and mortgage modifications taking place today is exposing the failure of...

Attack Of The Attorneys General

REQUIRED READING: Fifty state attorneys general (AGs) have formed a multistate group, and their investigation into mortgage servicing is well under way, attracting...

Rough Seas Ahead: Little Relief Projected For Servicing In 2011

REQUIRED READING: Robo-scandals, government intervention and intensified investor pushback are just a few of the ingredients that combined to rock the servicing industry...

USDA Rural Housing Service: A Quiet Success Story

REQUIRED READING: Within the federal government's array of housing finance programs and products, the Rural Housing Service (RHS), operated by the U.S. Department...

The RMBS Market Remains In Suspended Animation

REQUIRED READING: The 17th century English playwright William Congreves observed, 'Uncertainty and expectation are the joys of life.' However, there are many people...

Does Equity-Restoring Loss Mit Stand A Chance?

REQUIRED READING: New home-retention products put forth by both the vendor community and the federal government aim to cure what is perhaps the...