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... servicing standards, and implement a testing and reporting process to ensure compliance with the servicing standards for a period of three ... conduct that occurred beginning in 2013. “The foreclosure crisis continues to devastate communities across New York. We have ...
Phil Hall - 2018-01-03 15:23
... HUD. The National Consumer Law Center claims those facing foreclosure had difficulty accessing loss mitigation and faced inconsistent and ... operations throughout Walter’s financial restructuring process.” Fitch says they do not expect any servicer disruptions or ...
John Councilman - 2017-11-22 15:02
... . However, the percentage of loans on which foreclosure actions were started during the third quarter was 0.25 percent, ... one year ago. The percentage of loans in the foreclosure process at the end of the third quarter was 1.23 percent, down six basis points ...
Phil Hall - 2017-11-17 15:58
... Nonetheless, the number of vacant “zombie” pre-foreclosure properties—which have started the foreclosure process but have not yet been repossessed by the foreclosing lender—fell by ...
Phil Hall - 2017-10-26 11:47
... take various measures before beginning default and foreclosure proceedings on active duty military personnel. Non-compliance with ... delinquent borrower is on active duty, but also in how they process, organize, or redact certificates provided from the DoD,” said Greg ...
NationalMortgageProfessional.com - 2017-10-12 14:36
... H.R. 3860 seeks to automate verification , thus making the process more seamless and much quicker. The bill is also being introduced in ... educate and assist borrowers having financial issues such as foreclosure. According to Dwight Robinson, Freddie’s Chief Diversity ...
John Councilman - 2017-10-05 17:10
... his inability to get an agency loan due to a previous foreclosure. In 2008, he was 30-years-old and on track to become partner at a ... factors revealed in Angel Oak’s manual underwriting process, Trevor can be approved for a loan of up to $3 million, with loan to ...
Tom Hutchens - 2017-09-04 09:32
... past, we dealt with legislation that threatened to make the foreclosure process more difficult, and we came out against condo homeowner association ...
Phil Hall - 2017-08-21 11:42
... is concerned that appraisals are slowing down the mortgage process. In January, Fannie issued guidance that indicates they are quite ... 30-day delinquencies are down nearly 12% from a year ago. Foreclosure starts are down 18.5%. The percentage of purchase loans with less ...
John Councilman - 2017-08-11 17:00
... Freddie Mac that are 60 days or more past due or are in the foreclosure process fell 10 percent in the first quarter to the lowest level since 2008, ...
Mortgage News Ticker - 2017-06-26 09:59