Entries from December 2011

Mortgages and Housing: Bair Next?, Boarders and Reverse Mortgages, Ocwen Article, Law Suit, Defined Foreclosure Timelines, 2:30 AM, GSE IG, Independents Profits Doubles, good To Be A Walton, FED Doesn’t Know

December 14th, 2011 · No Comments

email signup             Receive MNC in RSS news reader ———— Sheila Bair Said to Be Top Pick for Foreclosure Accord Monitor – By David McLaughlin and Thom Weidlich – (Bloomberg) – Ex-Federal Deposit Insurance Corp. Chairman Sheila Bair is a top candidate among state officials to ensure banks comply with any settlement [...]

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Tags: Mortgage Market

Mortgages and Housing: Strategic Default, Shadow Inventory, Compliance Hotline, Hope Prices Flat, FNMA and MI Rescissions, MBA FHFA Critique, Massive Refi?, Consumers Wait and See, Reviewing Servicer Contracts, GSE Property Preservation, MF Happen Again?

December 13th, 2011 · No Comments

email signup             Receive MNC in RSS news reader ———— Strategic default spreads like a virus – by IrvineRenter  – The Mortgage Bankers Association released a report comparing strategic default to a virus that is spreading across the land. – Irvine Housing Blog ———— What [...]

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Tags: Mortgage Market

Mortgages and Housing: Las Vegas City Council, Hope Now Mods, 15 Best Markets, Rent Hikes, QRM Disqualified, D-F Consequences, Cashout Stimulus Now Over, Good-Bad-Ugly, Maine Supreme Court, FNMA Competes With Servicers, Iowa AG Says, Low FICO FHAs, Basel III Shortfalls

December 12th, 2011 · No Comments

email signup             Receive MNC in RSS news reader ———— Las Vegas ordinance puts lenders in charge of vacancy upkeep – by ANDREW SCOGGIN – Las Vegas City Council passed an ordinance Wednesday that makes lenders responsible for the maintenance of vacant properties in default or foreclosure. The measure, which passed unanimously, [...]

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Tags: Mortgage Market

Mortgages and Housing: 5 More Years, Metlife & Reverses, Lawler Thoughts, CT Upholds MERS, DQs Drop Sharply, 1 Year Limit for FC Deficiencies?, Barclays, Sen. Johnny Isakson Proposal, BofA Items, QRM Problems, Squatting Hits Records, Low Jumbo Rates

December 11th, 2011 · 1 Comment

email signup             Receive MNC in RSS news reader ———— Fannie Mae: Market Will Take Five More Years to Adjust – BY: KRISTA FRANKS – “We are five years through a 10-year adjustment process,” said Fannie Mae chief economist Doug Duncan at the Five Star MPact Mortgage Banking Conference and Expo Tuesday [...]

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Tags: Mortgage Market