REQUIRED READING: Debunking The Myth Of The Tsunami
Google's 57,000 results for 'commercial real estate tsunami' feature a common figure and a common image. The figure is $3.4 trillion, the amount...
REQUIRED READING: Why Reverse Mortgage Activity Will Rise, Despite A Down Market
Financial need, attractive demographics and friendlier government lending guidelines make reverse mortgages an appropriate loan product for the U.S.' growing senior population, even...
REQUIRED READING: Freeze! A Winterization Refresher
Mandated winterization of homes has always been a part of the management of foreclosed properties. However, in today's economy, the length of time...
REQUIRED READING: Profiting From Distress: Opportunities Now Available
If you are a commercial real estate developer or investor in the market today, you have undoubtedly heard a great deal about distressed...
REQUIRED READING: What (If Anything) Can Be Done With The GSEs?
The American Enterprise Institute (AEI) sponsored a seminar on Nov. 12 in Washington, D.C., entitled 'Is it Possible to Reprivatize the U.S. Financial...
REQUIRED READING: The New Rules For Compliance In The Post-Crash Environment
One might argue that consumer protection and overregulation are just sauce for the goose these days. Yet a serious overhaul of mortgage regulation...
REQUIRED READING: Front-End Tax Relief Pays Back-End Dividends
While new challenges continue to arise daily in this tumultuous market, the modus operandi of the moment is survival. Servicers that can catch...
REQUIRED READING: The Outlook For The Economy And Real Estate
The economy's return to growth after a year and a half of recession marks a major turn, and it looks like more than...
REQUIRED READING: Tenants’ Rights Act Adds Landlord Liabilities
On May 20, the Helping Families Save Their Homes Act of 2009 (Pub. L. 111-22) was signed into law. Its intent is to...
REQUIRED READING: Stop Buybacks In Their Tracks With Better Compliance Reviews
Today's secondary market looks dramatically different from the one that fueled the mortgage industry just a couple of years ago. Not too long...
REQUIRED READING: Keeping HVCC Compliance Simple Without Sacrificing Effectiveness
Albert Einstein once said that everything should be made as simple as possible, but no simpler. That seems to mean that simplicity is...
REQUIRED READING: When It Comes To Costs, Don’t Forget The Here And Now
The credit crisis, asset write-downs and liquidity crunch experienced by financial institutions are causing senior executives and CEOs to fundamentally rethink business strategies,...
REQUIRED READING: Customer Retention May Be A Door Knock Away
Faced with a job loss or serious medical problem, many American homeowners in the last few years have come to an awful place...
REQUIRED READING: Improving Business Operations With A Mortgage Audit
It is no secret that a lack of investor confidence in mortgage-backed securities (MBS) has all but brought the secondary market to a...
REQUIRED READING: The State Of The Condominium Market
Within the distressed realm of residential lending, the condominium sector is laboring beneath unique pressures. Even as parts of the housing...
REQUIRED READING: For Deeper Insight, Collaborate Across Business Lines
Whether financial institutions maintain their first mortgages, home equity and retail loans on the same platform, or manage their portfolios on separate platforms...
REQUIRED READING: A Peek Inside Wells Fargo’s Loss Mitigation Machine
Mary Coffin, Wells Fargo's executive vice president of servicing, likes to compare the role historically played by mortgage servicers with that of the...
REQUIRED READING: How The Farm Credit System Became A GSE Success Story
Within the realm of government-sponsored enterprises (GSEs), the Farm Credit System (FCS) remains something of an anomaly. Operating as both a lender and...
REQUIRED READING: The Centennial State Allows 90-Day Deferment
On Aug. 1, Colorado initiated a new program that provides an opportunity for a qualified borrower to obtain up to a 90-day deferment...
REQUIRED READING: Two Risks That Paralyze Mortgage Renegotiations
The limited success of foreclosure prevention strategies undertaken to date results, at least partly, from reliance on theories about the causes of the...