The War Against Military Borrowers
BLOG VIEW: Over the past month, MortgageOrb has reported on two major cases where active duty personnel and military veterans have been the...
The Fed Looks At Commercial Real Estate
WORD ON THE STREET: Weakness in real estate markets, both commercial and residential, continues to be a drag on the overall growth of...
Agencies Step Up Servicing Oversight
Servicers of government-sponsored enterprise (GSE) loans should expect to see Fannie Mae and Freddie Mac roll out new incentives, timelines and penalties by...
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...
Faith Schwartz: Eliminating HAMP Would Be A Mistake
PERSON OF THE WEEK: Earlier this month, HOPE NOW reported that servicers executed about 1.76 million loan modifications for borrowers in 2010. That...
The Mystery Of The Vanishing CFO…And His Upcoming $27M Jackpot
BLOG VIEW: I am not the type of person to begrudge people for earning large salaries. With the possible exception of trashy starlets...
The Fed Updates Congress On Dodd-Frank Implementation
WORD ON THE STREET: The Dodd-Frank Act addresses critical gaps and weaknesses in the U.S. regulatory framework, many of which were revealed by...
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...
Learning How To Say You’re Sorry
BLOG VIEW: If the recent string of QC missteps has done nothing else, it's taught banking and servicing executives how to apologize. Take,...
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...
Is Elizabeth Warren On A Mission From God?
BLOG VIEW: Any hesitation and skepticism that I may have carried in regard to Elizabeth Warren and the Consumer Financial Protection Bureau (CFPB)...
HUD Ratchets Up Its Green Hue
WORD ON THE STREET: The Obama administration believes that the energy and economic challenges we face are inextricably linked - and that the...
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...
Stamp Out HAMP?
BLOG VIEW: This year marks the centennial of the birth of Ronald Reagan, who was among the influential and controversial presidents in U.S....
Does Dodd-Frank Cure ‘Too Big To Fail’?
WORD ON THE STREET: The Dodd-Frank Wall Street Reform and Consumer Protection Act, signed into law by the president last July, was intended,...
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...
Spinning The Financial Crisis Wheel
BLOG VIEW: At the moment of its inception - way back in May 2009, when President Obama signed the Fraud Enforcement and Recovery...
Linda L. Zelm: Entrepreneurship In CRE
PERSON OF THE WEEK: After 25 years in commercial real estate, Linda L. Zelm is ready for a new challenge. Zelm, a former...