Industry News


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Joe Biden Releases $640B Plan for Housing
Mon, 24 Feb 2020 22:07:46 +0000

Click through to read more of the former Vice Presidents and current Demoncratic presidential candidates’ plan to increase affordability and access to homes for Americans.

The post Joe Biden Releases $640B Plan for Housing appeared first on DSNews.



The Racial Divide of Flood Damage Buyouts
Mon, 24 Feb 2020 21:34:04 +0000

According to new research from Rice University, government buyouts of flood-damaged homes disproportionately benefit whiter, wealthier communities, even as low-income and minority homeowners are more likely to participate in such programs.

The post The Racial Divide of Flood Damage Buyouts appeared first on DSNews.



Court Reverses Foreclosure Case Dismissal on Note Enforcement
Mon, 24 Feb 2020 19:48:41 +0000

The Court explained that “a straightforward reading of the affidavit” clearly identified BOA as the servicing agent and custodian of the note and that the note holder, HSBC, was a “separate entity.”

The post Court Reverses Foreclosure Case Dismissal on Note Enforcement appeared first on DSNews.



Freddie Mac Names Single-Family Head
Mon, 24 Feb 2020 18:39:36 +0000

According to Freddie Mac, Donna Corley brings to the position nearly 25 years of experience in the financial services industry as well as deep expertise in risk management, capital markets and pricing.

The post Freddie Mac Names Single-Family Head appeared first on DSNews.



Industry Leader ‘Applauds’ Nominee for Federal Housing Commissioner
Mon, 24 Feb 2020 16:49:09 +0000

President Donald Trump’s nominee, Dana T. Wade, has been met with a favorable reaction from leaders in the industry. Click through to read more of their comments.

The post Industry Leader ‘Applauds’ Nominee for Federal Housing Commissioner appeared first on DSNews.



The Week Ahead: Tracking Housing’s Economic Role
Fri, 21 Feb 2020 23:49:31 +0000

As residential investment continues to grow, find out how housing is impacting GDP growth in The Week Ahead

The post The Week Ahead: Tracking Housing’s Economic Role appeared first on DSNews.



Creating Better Diversity Practices in Mortgage Servicing
Fri, 21 Feb 2020 22:21:01 +0000

In this Video Spotlight, hear from AMDC Chair Lola Oyewole on why you don't want to miss the 2020 Five Star Diversity Symposium in New Orleans, Louisiana.

The post Creating Better Diversity Practices in Mortgage Servicing appeared first on DSNews.



Wells Fargo Reaches $3B Settlement with DOJ and SEC
Fri, 21 Feb 2020 21:35:53 +0000

Charlie Scharf, Wells Fargo’s new CEO and President, called the action by former employees, including the opening of millions of unauthorized or fraudulent accounts “inexcusable.” 

The post Wells Fargo Reaches $3B Settlement with DOJ and SEC appeared first on DSNews.



Fannie and Freddie to Retain “Limited Support”
Fri, 21 Feb 2020 21:14:23 +0000

According to Treasury Secretary Steven Mnuchin, the GSEs will still receive a small amount of government support following the end of conservatorship.

The post Fannie and Freddie to Retain “Limited Support” appeared first on DSNews.



Built-For-Rent Volumes Decline
Fri, 21 Feb 2020 18:53:10 +0000

As single-family rents increase, the new report reveals why built-for-rent SFR volumes are decreasing.

The post Built-For-Rent Volumes Decline appeared first on DSNews.