Servicing | National Mortgage Professional Magazine
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Servicing

https://freddiemac.gcs-web.com/news-releases/news-release-details/freddie-mac-announces-holiday-eviction-moratorium-confirms-0
There are some things turn up every December without fail: Burl Ives and Bing Crosby on the radio, “It’s a Wonderful Life” on television and the government-sponsored enterprises’ (GSEs) annual holiday season suspension of their eviction lock-out policy.   Freddie Mac and Fannie Mae will enforce... Keep Reading....
The California Department of Insurance announced that it has seized the assets and legal control of Merced Property & Casualty Company
The California Department of Insurance announced that it has seized the assets and legal control of Merced Property & Casualty Company, an insurance that company that shut down after being overwhelmed with claims stemming from policyholders who suffered losses in the recent Camp Fire.   The... more
On Ocwen Financial Corporation’s third quarter 2018 earnings conference call, President and CEO Glen A. Messina talked about how the company’s acquisition of PHH provided the opportunity to transform Ocwen into a stronger, more efficient company. He pointed out that in the near-term, the company’s... more
There were 1.4 million vacant single-family homes and condos on the market in the third quarter, representing 1.52 percent of all residential properties
There were 1.4 million vacant single-family homes and condos on the market in the third quarter, representing 1.52 percent of all residential properties, according to new statistics from ATTOM Data Solutions. The third quarter also saw 10,291 vacant "zombie" foreclosures homes, or 3.38 percent of... more
When it comes to buying and selling real estate owned (REO) properties, Huntsville, Ala., leads the nation for flipping this particular property, according to data from the online real estate marketing platform Hubzu
When it comes to buying and selling real estate owned (REO) properties, Huntsville, Ala., leads the nation for flipping this particular property, according to data from the online real estate marketing platform Hubzu.   In an analysis of 2017 activity involving REO properties that were bought and... more