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Default Servicing News (DS News)

DS News Webcast: Tuesday 3/3/2015

In an ongoing effort to reduce the number of non-performing loans in the portfolios of Fannie Mae and Freddie Mac and transfer risk to the private sector, the GSEs' conservator, the Federal Housing Finance Agency, on Monday announced enhanced requirements for the sales of non-performing loans by the GSEs. The enhanced requirements announced Monday by the FHFA are based in part ...

The post DS News Webcast: Tuesday 3/3/2015 appeared first on DSNews.

Treasury Official Says Administration is ‘Ready, Willing, and Able’ to Talk Housing Finance Reform

Speaking at the National Council of State Housing Agencies Legislative Conference on Monday, the Department of U.S. Department of Treasury Counselor to the Secretary for Housing Finance Policy Dr. Michael Stegman said that the Obama Administration is "ready, willing, and able" to talk housing finance reform, which has been a hot-button topic in recent months as Fannie Mae and Freddie Mac remain in conservatorship of the Federal Housing Finance Agency.

The post Treasury Official Says Administration is ‘Ready, Willing, and Able’ to Talk Housing Finance Reform appeared first on DSNews.

Report: Morgan Stanley in Settlement Talks with New York AG Over Subprime Loans

Investment firm Morgan Stanley is currently negotiating a possible settlement with the office of New York Attorney General Eric Schneiderman over the mishandling of subprime mortgage loans in the run-up to the housing market crash and financial crisis, according to multiple media reports.

The post Report: Morgan Stanley in Settlement Talks with New York AG Over Subprime Loans appeared first on DSNews.

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Blog Posts

Wisconsin January 2015 Housing Statistics

Posted by Michael Collins, CDPE, SFR, BPOR on February 26, 2015 at 12:16pm 0 Comments

January Home Sales Fall as Prices Continue to Rise

The Wisconsin housing statistics are in for this January of 2015. Here is an excerpt from what the Wisconsin Realtors® Association (WRA) had to say:

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Existing home sales fell in January but median prices rose at a healthy…

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Finding the Elusive Starter Home

Posted by Michael Collins, CDPE, SFR, BPOR on February 4, 2015 at 12:38pm 0 Comments

Finding that Elusive Starter Home

The past few years have brought several changes in the real estate industry. The housing bust of 2006-08 led many people to either sell or walk away from their home. As the market is continuing to rebound, many investors have scooped up homes at affordable prices and are offering them as rental properties. In addition, other…

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Wisconsin December 2014 Housing Statistics

Posted by Michael Collins, CDPE, SFR, BPOR on January 20, 2015 at 2:30pm 0 Comments

Housing Market Ends Strong in 2014

The Wisconsin housing statistics are in for this December of 2014. Here is an excerpt from what the Wisconsin Realtors® Association (WRA) had to say:

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The housing market ended 2014 on a strong note with both existing home sales and…

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Wisconsin November 2014 Housing Statistics

Posted by Michael Collins, CDPE, SFR, BPOR on December 26, 2014 at 3:47pm 0 Comments

The Wisconsin housing statistics are in for this November of 2014. Here is an excerpt from what the Wisconsin Realtors® Association (WRA) had to say:

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Existing home sales in Wisconsin fell in November compared to the same month last year, but home prices increased over the same period,…

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FHA Discounts for First-Time Homebuyers

Posted by Michael Collins, CDPE, SFR, BPOR on December 15, 2014 at 3:40pm 0 Comments

First-Time Homebuyers Discounts through FHA

People in the market for their first home can take advantage of a new offer from FHA. This new initiative aims to provide more information to buyers though classroom education and will reward them with a reduction in the premiums paid towards mortgage insurance.

FHA-Discounts-for-First-Time-Home-Buyers

 

 

HAWK to the…

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Michael Collins, CDPE, SFR, BPOR posted a blog post

Wisconsin January 2015 Housing Statistics

January Home Sales Fall as Prices Continue to RiseThe Wisconsin housing statistics are in for this January of 2015. Here is an excerpt from what the …See More
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Finding the Elusive Starter Home

Finding that Elusive Starter HomeThe past few years have brought several changes in the real estate industry. The housing bust of 2006-08 led many people to either…See More
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Diamond Credit Union upper level contacts

If you need upper level contacts at Diamond Credit Union, here you go:Angela Wertz-Business Development Officerp. 610-326-5490 x2076, awertz@diamondcu.comJohn Faust-Pres./CEOp. 610-326-5490, sorry I don't have an extensionAnybody have any other…See More
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