Industry News


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DS5: How Technology is Aiding Auctions
Tue, 02 Jun 2020 20:10:48 +0000

On this episode of DS5: Inside the Industry, Auction.com SVP Jesse Roth delves into how foreclosure volumes can be impacted by coronavirus. He also discusses how technology can aid in disposition in today’s socially distanced environment.

The post DS5: How Technology is Aiding Auctions appeared first on DSNews.



FHFA Updates GSE Non-Performing Loan Sales
Tue, 02 Jun 2020 19:57:04 +0000

Fannie Mae and Freddie Mac sold 126,757 NPLs with a total unpaid principal balance of $23.8 billion, according to the new report.

The post FHFA Updates GSE Non-Performing Loan Sales appeared first on DSNews.



Freddie Mac Appoints New CFO
Tue, 02 Jun 2020 19:41:08 +0000

Christian M. Lown was previously EVP and CFO at Navient Corporation. He succeeds Donald F. Kish, who has served as Interim CFO since December 2019.

The post Freddie Mac Appoints New CFO appeared first on DSNews.



Florida Governor Extends Foreclosure Moratorium
Tue, 02 Jun 2020 19:14:31 +0000

In addition, the state of Florida is preparing how to respond to any future storms while taking the coronavirus pandemic into account.

The post Florida Governor Extends Foreclosure Moratorium appeared first on DSNews.



COVID-19 Widening the Housing Gap
Tue, 02 Jun 2020 18:06:49 +0000

Inequality in the housing market is likely to be amplified following the COVID-19 crisis, according to a new study.

The post COVID-19 Widening the Housing Gap appeared first on DSNews.



‘Far Too Early’ to Know Impact of GSE Framework
Mon, 01 Jun 2020 18:47:19 +0000

However, several economists say mortgage rates could rise on low-income borrowers to meet requirements set forth by FHFA Director Dr. Mark A. Calabria.

The post ‘Far Too Early’ to Know Impact of GSE Framework appeared first on DSNews.



The Government’s Impact on Mortgage Servicers
Mon, 01 Jun 2020 17:13:31 +0000

Ed DeMarco, President, Housing Policy Council, recently appeared on DS5: Inside the Industry to share his thoughts on recent actions by the federal government to help both homeowners and mortgage servicers. Editor's note: This feature appeared in the May edition of DS News.

The post The Government’s Impact on Mortgage Servicers appeared first on DSNews.



Communities Face an Active Hurricane Season Amidst COVID-19
Mon, 01 Jun 2020 15:54:38 +0000

Both preparations and recovery could face complications due to the spread of the coronavirus.

The post Communities Face an Active Hurricane Season Amidst COVID-19 appeared first on DSNews.



Iowa Gov.: Foreclosure Moratoriums Will Not be Extended
Fri, 29 May 2020 17:54:36 +0000

A report says the state will establish a program to assist borrowers who have been impacted by COVID-19.

The post Iowa Gov.: Foreclosure Moratoriums Will Not be Extended appeared first on DSNews.



The Week Ahead: Will Forbearance Volumes Continue to Flatten?
Fri, 29 May 2020 16:52:45 +0000

Also in The Week Ahead are reports on construction spending and the unemployment rate, and the U.S. Senate Banking Committee will hold a hearing on updates regarding the CARES Act.

The post The Week Ahead: Will Forbearance Volumes Continue to Flatten? appeared first on DSNews.