REQUIRED READING: Option One Buyer Offers Feedback
Attempts by the government to encourage restructuring of mortgages in the hope of keeping families in their homes while simultaneously minimizing the negative...
REQUIRED READING: Everything You Always Wanted To Know About Hedging…
Market risk is a reality in any mortgage banking operation resulting from fluctuations in interest rates. Fluctuations in interest rates impact the market...
REQUIRED READING: Increase REO Marketability While Controlling Repair Costs
The increase in real estate owned (REO) properties on the market nationally, as well as the length of time these properties remain on...
REQUIRED READING: New Rules Toughen Servicers’ Foreclosure Procedures
A Connecticut court recently joined what is becoming a national trend of road-blocking foreclosure of mortgages that have been traded in the secondary...
REQUIRED READING: Tightening Spreads Fail To Induce CMBS Celebration
Spreads of U.S. commercial mortgage-backed securities (CMBS) widened to historic levels in March amid anxiety about the health of U.S. credit markets, but...
REQUIRED READING: Risk And Reward: Capitalizing On Micro Opportunities
Not so long ago, having a competitive edge in the mortgage industry meant offering products to as many consumers as you could qualify;...
REQUIRED READING: Watch Second Liens In Loan Mods
A loan modification - while a favored loss mitigation strategy today - can come with certain risks, particularly in the context of subordinate...
REQUIRED READING: Commercial Servicers Near A New Paperless Frontier
As with most industries, the commercial mortgage industry has experienced a great deal of change in the area of technological advancement and its...
REQUIRED READING: What’s In Your Portfolio? A Primer On Trading Risk
In early January, the American Dialect Society held its annual meeting to decide what recent addition to the American lexicon most accurately reflected...
REQUIRED READING: Legislative Frenzy In California
The mad rush by policymakers to do something in the wake of the mortgage and foreclosure crises has hit California with a vengeance....
REQUIRED READING: A Few Encouraging Signs, But Market Remains Illiquid
Since August 2007, arranging financing for commercial real estate has become an increasingly challenging task. Liquidity is becoming scarcer by the day, as...
REQUIRED READING: Optimizing Best Efforts Flow While Preparing For Mandatories
Today's changing mortgage market presents many new challenges, and originators are under more pressure than ever to maximize efficiencies and boost profits in...
REQUIRED READING: How Tailored Is Your Outreach?
When borrowers face the threat of foreclosure, they often do not know whom to listen to and what offer to respond to. Today,...
REQUIRED READING: Shared Equity Gains Acceptance In Affordable Multifamily Development
The growing gap between escalating housing costs and what people are able to pay is making it increasingly difficult for even moderate-income families...
REQUIRED READING: Considering Merger And Acquisition Strategies In Today’s Rocky Market
The mortgage industry is on a roller coaster right now and there are more twists and turns on the ride in the near...
REQUIRED READING: Strategies To Limit FCRA Liability Risk
Codified at 15 U.S.C. sec. 1681, The Fair Credit Reporting Act (FCRA) regulates the collection, dissemination and use of consumer credit information. The...
REQUIRED READING: Can We Extricate CRE From Residential’s Afflictions?
Consider a 27-story, Class A office building in midtown Manhattan and a three-bedroom single-family home in Las Vegas. Is this collateral the same?...
REQUIRED READING: The New Dawn Of FHA Financing: What You Need To Know
The gap created last year by the precipitous slide in private subprime lending is being partially filled by the Federal Housing Administration (FHA),...
REQUIRED READING: State Attorneys General: Cooperate, Or Else
As the U.S. economy dips nearer recession level and the housing market continues shouldering much of the blame for it, the mortgage industry...
REQUIRED READING: Improve Your Approach To Labor-Intensive Loan Tasks
As the real estate industry weathers a storm in the origination markets, commercial mortgage servicing operations are generating vital cashflow for mortgage bankers,...