New York Fed President Praises Progress of Housing Fundamentals

first_img Previous: LoanDepot Delays IPO at the 11th Hour Next: Stewart Title Announces Strategic Partnership With zipLogix in Daily Dose, Featured, News New York Fed President Praises Progress of Housing Fundamentals Related Articles Demand Propels Home Prices Upward 2 days ago Sign up for DS News Daily Bill Dudley New York Fed U.S. Economy U.S. Housing 2015-11-13 Brian Honea Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Dudley also noted the importance that the forward momentum the jobs market picked up in October persists. The well-below-expectations jobs reports in August and September caused many to speculate that the labor market was faltering—but 270,000 jobs were added in October, about 50 percent higher than expected.“Those concerns should be at least partially put to rest given the strength of the October employment report, recognizing that the employment news can be volatile on a month-to-month basis,” Dudley said. “Most noteworthy to me are the strong payroll employment gains in October and the solid 0.3 percent rise in aggregate hours worked.  Over the past three months, payroll gains have averaged 187,000 per month, not much below the average payroll growth of 213,000 per month during the first half of 2015.”Earlier in the week in a public address in Rhode Island, however, Boston Fed President Eric Rosengren hinted that the Fed may not raise the rates at December’s meeting.”Given persistently low wage and price pressures, and the relatively slow real GDP growth forecast in the SEP, a more gradual path of normalization may be necessary to ensure reaching the 2 percent inflation target,” Rosengren said.Click here to read Dudley’s full speech.Click here to read Rosengren’s full speech. Servicers Navigate the Post-Pandemic World 2 days ago Brian Honea’s writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master’s degree from Amberton University in Garland. About Author: Brian Honea Subscribecenter_img Tagged with: Bill Dudley New York Fed U.S. Economy U.S. Housing  Print This Post The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago November 13, 2015 1,275 Views Share 1Save Servicers Navigate the Post-Pandemic World 2 days ago Bill DudleyIn an address about the economic outlook in the United States and monetary policy at the Economic Club of New York this week, New York Fed President and CEO Bill Dudley praised the progress housing fundamentals have made during the economic recovery but refused to offer his views on whether the Fed would raise the short-term interest rate in December.Dudley stated at the onset of his speech that he would not address the topic of whether the “normalization” process would commence at the Federal Open Market Committee’s next meeting (its last of 2015) in mid-December. He said his view on whether or not the Fed will raise rates depends on how the incoming data influences his assessment of more improvement in the labor market and his confidence that inflation will return to the Fed’s 2 percent target rate.The weak advance report on Q3 GDP growth (1.5 percent, compared to 3.9 percent in Q2) and the weakness of the manufacturing sector have caused some concern among many that the U.S. economy is losing forward momentum, Dudley said.But there are many positives to offset those negative economic metrics, one of which is housing, according to Dudley.“In particular, domestic demand continues to grow at a solid pace as increases in consumer spending, housing and business fixed investment all contributed to the third quarter’s 2.9 percent annualized gain in real domestic final sales,” Dudley said. “A large decline in the pace of inventory accumulation was the main reason why real GDP growth faltered in the third quarter. Because the contribution to growth from inventory investment can be quite volatile on a quarter-to-quarter basis, the growth in real final sales probably provides a better sense of the state of economic activity than does the GDP figure.”The fundamentals supporting domestic demand have been solid—consumer spending has increased supported by real income gains, and household net worth is rising—and housing fundamentals have been solid as well, according to Dudley.“Housing prices are rising and the constraint on growth in residential investment now appears to be more on the supply side, as building contractors struggle to mobilize the resources needed to construct more homes,”  Dudley said. “The National Association of Home Builders’ index rose in October to the highest level since late 2005. While the housing indicators will likely continue to be volatile on a month-to-month basis, I expect the gradual improvement in the housing sector to continue.”“While the housing indicators will likely continue to be volatile on a month-to-month basis, I expect the gradual improvement in the housing sector to continue.”Bill Dudley, New York Fed President Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Home / Daily Dose / New York Fed President Praises Progress of Housing Fundamentals Data Provider Black Knight to Acquire Top of Mind 2 days agolast_img read more

The Clock Starts Now: TRID Public Comments Begin

first_img The Week Ahead: Nearing the Forbearance Exit 2 days ago The proposed updates to the CFPB’s TILA-RESPA Integrated Disclosure (TRID) rule, also known as the Know Before You Owe mortgage rule, were published in the Federal Register on Monday, thus launching the 64-day comment period for public comments on the proposal.The comment period on the CFPB’s proposal runs through October 18, 2016. According to the CFPB, interested parties can submit comments identified by identified by Docket No. CFPB-2016-0038 or RIN 3170-AA61, any of the following ways:By email: [email protected] Include Docket No. CFPB-2016-0038 or RIN 3170-AA61 in the subject line of the email.Electronically: http://www.regulations.gov. Follow the instructions for submitting comments.By mail: Monica Jackson, Office of the Executive Secretary, Consumer Financial Protection Bureau, 1700 G Street NW., Washington, D.C. 20552.By hand delivery/courier: Monica Jackson, Office of the Executive Secretary, Consumer Financial Protection Bureau, 1275 First Street NE., Washington, D.C. 20002.The TRID rule went into effect on October 3, 2015, and has been a source of much consternation within the industry among lenders and originators due to elevated risk environment it presents—namely, the cost of updating systems to be fully compliant.In late April, CFPB Director Richard Cordray wrote a letter to financial industry trades and their members recognizing the “operational challenges” the industry is experiencing as a result TRID implementation and said that the Bureau was considering making some “adjustments” in the regulation text to provide greater certainty and clarity.The Bureau announced the proposed adjustments in late July 2016; among the proposed changes were tolerances for the total of payments, a clarification that recording fees and transfer taxes may be charged in those transactions without losing eligibility for the exemption in order to promote housing assistance lending, expanding TRID’s coverage to include all cooperative units, and additional commentary to clarify how a lender may provide separate disclosure forms to the consumer and the seller.The CFPB noted that when it published its 2012 proposal to integrate the TILA and RESPA disclosures, which was built from extensive early outreach and research, the Bureau received more than 2,800 comments.Click here to view the CFPB’s proposal as published in the Federal Register. Sign up for DS News Daily The Best Markets For Residential Property Investors 2 days ago  Print This Post Tagged with: CFPB Know Before You Owe TRID The Best Markets For Residential Property Investors 2 days ago Share Save Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago CFPB Know Before You Owe TRID 2016-08-15 Kendall Baer in Daily Dose, Featured, Government, News About Author: Kendall Baer Data Provider Black Knight to Acquire Top of Mind 2 days agocenter_img Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Related Articles Kendall Baer is a Baylor University graduate with a degree in news editorial journalism and a minor in marketing. She is fluent in both English and Italian, and studied abroad in Florence, Italy. Apart from her work as a journalist, she has also managed professional associations such as Association of Corporate Counsel, Commercial Real Estate Women, American Immigration Lawyers Association, and Project Management Institute for Association Management Consultants in Houston, Texas. Born and raised in Texas, Baer now works as the online editor for DS News. August 15, 2016 1,366 Views The Clock Starts Now: TRID Public Comments Begin Demand Propels Home Prices Upward 2 days ago Home / Daily Dose / The Clock Starts Now: TRID Public Comments Begin Servicers Navigate the Post-Pandemic World 2 days ago Previous: Market Confidence Increases for August Next: Why Student Debt May Not Hinder Homeownership Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Subscribelast_img read more

Stat Insight: Home Prices Lead in the West

first_img Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Previous: Trustees Triumph Next: Montgomery the Right Choice For FHA Share Save Home / Daily Dose / Stat Insight: Home Prices Lead in the West Servicers Navigate the Post-Pandemic World 2 days ago Subscribe Tagged with: Fannie Mae Federal Housing Finance Agency FHFA Freddie Mac House Price Index HPI Data Provider Black Knight to Acquire Top of Mind 2 days ago About Author: Dean Terrell According to August data from the Federal Housing Finance Agency’s (FHFA) House Price Index released Wednesday, U.S. home prices rose 0.7 percent compared to last month. The 0.2 percent increased previously reported in July was changed upward to 0.4 percent. Seasonally adjusted monthly price changes from July 2017 to August 2017 for the nine census divisions ranged from -0.1 percent in the New England Division to +1.4 percent in the Pacific division. The Mountain and West North Central regions both experienced a 0.5 percent increase while the East North Central, East South Central, and Middle Atlantic regions had an increase of 0.6 percent. The South Atlantic’s house prices grew 0.4 percent compared to July 2017.Over a 12-month period, changes were all positive, ranging from +5.0 percent in the Middle Atlantic divisions to +9.3 percent in the Pacific Division.The HPI from the FHFA covers single-family housing data from Fannie Mae and Freddie Mac. The index is derived from transactions involving conforming conventional mortgages purchased or securitized by the GSEs. The sample is limited by the ceiling amount for conforming loans purchased and mortgages insured by the Federal Housing Administration (FHA), VA, or other federal entities are excluded for not being considered “conventional.” FHFA provides a complete historical and HPI release dates for 2017 and 2018 as well as states included in each region. The monthly index values and appreciation estimates from FHFA are also available in tables and graphs which can be found here. Demand Propels Home Prices Upward 2 days ago Sign up for DS News Daily Servicers Navigate the Post-Pandemic World 2 days ago Related Articles Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago October 25, 2017 1,675 Views  Print This Post Stat Insight: Home Prices Lead in the West The Best Markets For Residential Property Investors 2 days ago Fannie Mae Federal Housing Finance Agency FHFA Freddie Mac House Price Index HPI 2017-10-25 Dean Terrell in Daily Dose, Featured, Government, Market Studieslast_img read more

The Great Fall of Mortgage Delinquencies

Share Save Servicers Navigate the Post-Pandemic World 2 days ago According to the Mortgage Bankers Association’s (MBA) National Delinquency Survey, the delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 4.06 percent of all loans outstanding at the end of the fourth quarter of 2018. Mortgage delinquencies dropped to an 18-year low in the Q4 2018, data found.”The overall national mortgage delinquency rate in the fourth quarter was at its lowest level since the first quarter of 2000,” said Marina Walsh, VP of Industry Analysis at MBA. “What’s even more noteworthy, the delinquency rate dropped from the previous quarter and on a year-over-year basis across all loan types and stages of delinquency.” The report also indicated that the rate was down 41 basis points from the third quarter of 2018 and 111 basis points from one year ago. The percentage of loans on which foreclosure actions were started in Q4 reflected an increase by two basis points to 0.25 percent. Walsh noted that there were improvements in states adversely impacted by natural disasters these last two years. The delinquency rate in Florida dropped 458 basis points on a year-over-year basis, once the effects of Hurricane Irma dissipated. In Texas, the rates dropped by 218 basis points in Q4 compared to a year ago after Hurricane Harvey dissipated. States such as North Carolina, South Carolina, Mississippi, Arkansas, and Alabama that were hit by recent storms showed improvements at the end of last year, after recording a spike in delinquencies in Q3. “With the unemployment rate near a 50-year low, wage growth trending higher and household debt levels relative to disposable incomes at a 35-year low, homeowners are in great shape, and mortgage performance is quite strong,” Walsh said. The survey found a rise in foreclosure starts by two basis points in Q4, which Walsh states was driven by the lifting of foreclosure moratoriums in states impacted by natural disasters, in combination with severely delinquent loans that have finally moved into the foreclosure process—particularly those loans in judicial states where foreclosure procedures are much slower moving.In its key findings, the survey revealed that in relation to Q3 2018, the 30-day delinquency rate decreased 22 basis points to 2.29 percent, the 60-day delinquency rate decreased three basis points to 0.74 percent, and the 90-day delinquency bucket decreased 15 basis points to 1.03 percent. The percentage of loans in the foreclosure process at the end of Q4 at 0.95 percent is down four basis points from the Q3 2018 and 24 basis points lower than one year ago—lowest foreclosure inventory rate since the first quarter of 1996.For conventional loans, the rates declined to 3.19 percent over the previous quarter. The FHA delinquency rate dropped to 8.65 percent while the VA delinquency rate decreased to 3.71 percent, over the previous quarter. According to the survey, the serious delinquency rate, the percentage of loans that are 90 days or more past due or in the process of foreclosure, was 2.06 percent – a decrease of seven basis points from last quarter – and a decrease of 85 basis points from last year. Donna Joseph is a Dallas-based writer who covers technology, HR best practices, and a mix of lifestyle topics. She is a seasoned PR professional with an extensive background in content creation and corporate communications. Joseph holds a B.A. in Sociology and M.A. in Mass Communication, both from the University of Bangalore, India. She is currently working on two books, both dealing with women-centric issues prevalent in oppressive as well as progressive societies. She can be reached at [email protected] Foreclosures Marina Walsh Mortgage Bankers Association Mortgage Delinquency Rate Natural Disasters 2019-02-18 Donna Joseph The Great Fall of Mortgage Delinquencies Subscribe Data Provider Black Knight to Acquire Top of Mind 2 days ago Tagged with: Foreclosures Marina Walsh Mortgage Bankers Association Mortgage Delinquency Rate Natural Disasters Demand Propels Home Prices Upward 2 days ago About Author: Donna Joseph Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago  Print This Post Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Home / Daily Dose / The Great Fall of Mortgage Delinquencies February 18, 2019 3,816 Views Previous: Golden State Records Drop in Home Sales Next: How the Weather Influences Home Searches in Daily Dose, Featured, Foreclosure, Loss Mitigation, News, Servicing Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Sign up for DS News Daily Related Articles The Best Markets For Residential Property Investors 2 days ago read more

Cities That ‘May Be Vulnerable’ to Foreclosures

first_imgHome / Daily Dose / Cities That ‘May Be Vulnerable’ to Foreclosures Cities That ‘May Be Vulnerable’ to Foreclosures Data Provider Black Knight to Acquire Top of Mind 2 days ago December 10, 2020 1,424 Views Related Articles Foreclosure filings in November are down 14% from the previous month, according to ATTOM Data Solutions’ November 2020 U.S. Foreclosure Market Report. It showed a total of 10,042 U.S. properties with foreclosure filings— default notices, scheduled auctions, or bank repossessions. The number is down 80% from a year ago.Rick Sharga, EVP at RealtyTrac, an ATTOM Data Solutions company, explained:”It’s not unusual to see foreclosure activity slow down beginning in November and through the holiday season. Both foreclosure starts and repossessions were down about 80% on a year-over-year basis, but it might be worth noting that a few cities that may be vulnerable to the pandemic-driven flight from urban areas to the suburbs—like New York City, Chicago, and Miami—were among the markets with the highest levels of foreclosure actions.”Across America, one in 13,581 housing units were in foreclosure in November, ATTOM reported.The report includes a regional breakdown.By state, the highest foreclosure rates were Florida (one in 7,109); Illinois (one in 7,285); Oklahoma (one in 8,128); New Mexico (one in 9,236); and Delaware (one in 9,310).Breaking down the 220 metro areas with a population of 200,000 or more, the highest number of foreclosure filings were recorded in Champaign, IL (one in 3,636); Shreveport, LA (one in 3,806); Macon, GA (one in 3,947); Davenport, IA (one in 4,038); and Evansville, IN (one in 4,296).Larger metro areas (populations topping 1 million) posting the most severe foreclosure rates included St. Louis, MO (one in 4,454); Cleveland, OH (one in 5,368); Jacksonville, FL (one in 5,877); Louisville, KY (one in 6,373), and Birmingham, AL (one in 6,591).Nationwide, 5,256 properties started foreclosure in November, down 13% from September and 75% from one year ago.Some states fared better than others; while most saw a dip in foreclosures, Missouri (+ 18%), Indiana (+ 14%), Georgia (up 4%), Arizona (up 1%), and Texas (+1%) .In large metro areas of more than 1 million residents, the highest number of foreclosure starts happened in New York, NY (454 foreclosure starts); St. Louis, MO (208), Chicago, IL (207); Miami, FL (151); and Los Angeles, CA (147).Banks seized 2,010 properties in November nationwide—that’s down 22% from September and 86% from 2019.In November, Florida (273), Illinois (167), California (164), Arizona (141), and Georgia (117) reported the most REOs, or completed foreclosures.In large metro areas of 1 million-plus people, the most REOs were filed in Chicago, IL (114); Phoenix, AZ (93); Atlanta, GA (88); Birmingham, AL (60); and Miami, FL (58).”The ATTOM Data Solutions U.S. Foreclosure Market Report provides a count of the total number of properties with at least one foreclosure filing entered into the ATTOM Data Warehouse during the month and quarter,” according to ATTOM.The researchers at ATTOM collect data is collected from more than 2,200 counties nationwide, and those counties account for more than 90% of the U.S. population. The report includes documents filed in all three phases of foreclosure including Notice of Default/Lis Pendens, auction/Notice of Trustee Sale and Notice of Foreclosure Sale; and REO.More on methodology and the full monthly reports are available on ATTOM.com. 2020-12-10 Christina Hughes Babb Share Save Servicers Navigate the Post-Pandemic World 2 days ago About Author: Christina Hughes Babb The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days ago  Print This Post Governmental Measures Target Expanded Access to Affordable Housing 2 days ago in Daily Dose, Featured, News The Best Markets For Residential Property Investors 2 days ago Sign up for DS News Daily Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Christina Hughes Babb is a reporter for DS News and MReport. A graduate of Southern Methodist University, she has been a reporter, editor, and publisher in the Dallas area for more than 15 years. During her 10 years at Advocate Media and Dallas Magazine, she published thousands of articles covering local politics, real estate, development, crime, the arts, entertainment, and human interest, among other topics. She has won two national Mayborn School of Journalism Ten Spurs awards for nonfiction, and has penned pieces for Texas Monthly, Salon.com, Dallas Observer, Edible, and the Dallas Morning News, among others. Demand Propels Home Prices Upward 2 days ago Previous: Distressed Property Investing in 2021 and Beyond Next: ‘Massive and Timely’ Forbearance Policies Are Important During Crisis The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Subscribelast_img read more

FHFA Scorecard Prepares GSEs for ‘Ultimate’ Exits From Conservatorship

first_img The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago FHFA Scorecard Prepares GSEs for ‘Ultimate’ Exits From Conservatorship Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago Christina Hughes Babb is a reporter for DS News and MReport. A graduate of Southern Methodist University, she has been a reporter, editor, and publisher in the Dallas area for more than 15 years. During her 10 years at Advocate Media and Dallas Magazine, she published thousands of articles covering local politics, real estate, development, crime, the arts, entertainment, and human interest, among other topics. She has won two national Mayborn School of Journalism Ten Spurs awards for nonfiction, and has penned pieces for Texas Monthly, Salon.com, Dallas Observer, Edible, and the Dallas Morning News, among others.  Print This Post Related Articles Demand Propels Home Prices Upward 2 days ago Home / Daily Dose / FHFA Scorecard Prepares GSEs for ‘Ultimate’ Exits From Conservatorship Sign up for DS News Daily The Federal Housing Finance Agency (FHFA) today released the 2021 Scorecard for Fannie Mae, Freddie Mac, and Common Securitization Solutions. According to the agency, “the 2021 Scorecard aligns the 2019 Strategic Plan with the GSEs’ tactical priorities and operations,” serving as an “essential tool” to hold them accountable. It also prepares the GSEs for an eventual exit from government conservatorship.”The 2021 Scorecard will ensure that Fannie Mae, Freddie Mac, and Common Securitization Solutions properly serve borrowers and renters, protect taxpayers, and support the secondary mortgage market,” said Director Mark Calabria.The three objectives of the 2021 Scorecard are to ensure that the Enterprises continue to:Focus on their core mission responsibilities to foster competitive, liquid, efficient, and resilient (CLEAR) national housing finance markets that support sustainable homeownership and affordable rental housing— “The GSEs should conduct business and undertake initiatives that support statutory mandates and ensure competitive national housing finance markets that protect taxpayers, promote liquidity through the cycle, and support sustainable homeownership and affordable rental housing, according to the 2021 scorecard.Operate in a safe and sound manner appropriate for entities in conservatorship—”In order to provide mortgage liquidity through the cycle, the GSEs should focus on operating all aspects of the business in a safe and sound manner given limited capital cushions, with a prudent risk profile and heightened risk management appropriate for conservatorship.”Prepare for their ultimate exits from government conservatorship, including “developing and implementing strategies that ensure the efficient utilization of capital targeted to support the core guaranty business with adequate returns to attract the private capital necessary to enable an exit from the conservatorship.”According to a press release from FHA, resolution planning requirements are new to the Scorecard in 2021.The scorecard requires both Fannie and Freddie to begin developing a plan to resolve its business in the event the enterprises were to be placed in receivership, also known as a “living will,” which the agency has called a necessary step toward Fannie Mae and Freddie Mac’s fiscally responsible exit from government oversight.Notes the FHFA in a press release, “these plans must demonstrate how the enterprises would preserve their core businesses with neither disruption to housing and finance markets nor utilizing extraordinary support from the Treasury Department or taxpayers.”The full 2020 scorecard and 2019’s strategic plan are accessible at FHFA.gov. Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Previous: White House Foreclosure Ban Extension to ‘Deliver Immediate Relief’ Next: Upcoming Event Features Experts in Single-Family Rental Investing   Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Subscribe Share Save Data Provider Black Knight to Acquire Top of Mind 2 days ago 2021-02-16 Christina Hughes Babb in Daily Dose, Featured, News February 16, 2021 12,645 Views The Week Ahead: Nearing the Forbearance Exit 2 days ago About Author: Christina Hughes Babblast_img read more

Servicers Navigate the Post-Pandemic World

first_img The Week Ahead: Nearing the Forbearance Exit 2 days ago The Best Markets For Residential Property Investors 2 days ago  Print This Post About Author: Eric C. Peck 2 days ago 186 Views Data Provider Black Knight to Acquire Top of Mind 2 days ago Related Articles Demand Propels Home Prices Upward 1 day ago On Tuesday, June 8, DS News, powered by Xome, will present the webinar “Servicing in a Post-Pandemic Era: Ensure You’re Prepared to Help Customers” at 1:00 p.m. CDT.Moderator David Wharton, Interim Editor-in-Chief for The Five Star Institute, will lead an in-depth discussion on the education, assistance, and expedited options for pre-foreclosure property disposition, plus provide ways to assist homeowners in working through these processes to gain a dignified forbearance exit.With an anticipated wave of homeowners preparing to exit forbearance plans in the coming months, this webinar will discuss ways in which mortgage servicers can brace for this surge in volume, and how to help homeowners transition out of forbearance plans.Joining Wharton as part of the webinar will be panelists Shawn Miller, VP, Head of Business Development for Xome, and Ramie Word, SVP of Default Servicing for Mr. Cooper.As VP, Head of Business Development for Xome, Miller and his team are responsible for supporting the company’s growth initiatives and cultivating new and existing relationships across capital markets, financial institutions, servicers, and government agencies. With more than 15 years of experience in real estate services, Miller has a passion for helping clients utilize data and technology to enhance their asset management operations and stay ahead of industry trends.Word currently serves as SVP of Default Servicing at Mr. Cooper, overseeing foreclosure, property preservation, REO, attorney oversight, and investor/insurer claims functions. With more than 20 years of experience in the mortgage industry, Word also has servicing knowledge in leading acquisitions, service releases, escrow, written communications, training, collections, loss mitigation, and investor relations. She has been recognized within the industry as a “Woman of Influence,” and is an avid supporter of Mr. Cooper’s Diversity and Inclusion efforts.Click here for more information or to register for the webinar “Servicing in a Post-Pandemic Era: Ensure You’re Prepared to Help Customers.” Previous: The Best Markets For Residential Property Investors Next: Data Provider Black Knight to Acquire Top of Mind Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Eric C. Peck has 20-plus years’ experience covering the mortgage industry, he most recently served as Editor-in-Chief for The Mortgage Press and National Mortgage Professional Magazine. Peck graduated from the New York Institute of Technology where he received his B.A. in Communication Arts/Media. After graduating, he began his professional career with Videography Magazine before landing in the mortgage space. Peck has edited three published books and has served as Copy Editor for Entrepreneur.com. Tagged with: Forbearance Mr. Cooper Ramie Word Servicing in a Post-Pandemic Era: Ensure You’re Prepared to Help Customers Shawn Miller The Five Star Institute Xome Sign up for DS News Daily center_img Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World Share Save Is Rise in Forbearance Volume Cause for Concern? 2 days ago Demand Propels Home Prices Upward 1 day ago Forbearance Mr. Cooper Ramie Word Servicing in a Post-Pandemic Era: Ensure You’re Prepared to Help Customers Shawn Miller The Five Star Institute Xome 2021-05-28 Eric C. Peck in Daily Dose, Events, Featured, Journal, Loss Mitigation, News Data Provider Black Knight to Acquire Top of Mind 2 days ago Home / Daily Dose / Servicers Navigate the Post-Pandemic World Subscribelast_img read more

Taoiseach insists Croke Park 2 savings will be made

first_imgNews NPHET ‘positive’ on easing restrictions – Donnelly Facebook Google+ Twitter Three factors driving Donegal housing market – Robinson Pinterest Taoiseach insists Croke Park 2 savings will be made The Taoiseach says the coalition will get 300 million euro in savings from the public sector pay bill this year – despite rejection of Croke Park 2 by unions.Enda Kenny has also backed the embattled Public Expenditure Minister telling the Dáil the government is absolutely united behind Brendan Howlin.When asked by the Opposition for his ‘Plan B’ Enda Kenny maintained the government needed time to reflect on the ballot results.But he warned that there was a need to make the proposed savings in the deal one way or another.”The bottom line here is absolutely clear – we have to, we must and we will find 300 million of extra savings this year from payroll” he said.”That’s the challenge that govenrment now faces, and we’ll obviously reflect on this” he added. Pinterest Previous articleA 25-year-old man is due in court charged in connection a series of violent assaults in DublinNext articleFF leader pays tribute following death of Cllr Tadhg Culbert News Highland Help sought in search for missing 27 year old in Letterkenny center_img WhatsApp WhatsApp By News Highland – April 17, 2013 Google+ Twitter 448 new cases of Covid 19 reported today Guidelines for reopening of hospitality sector published RELATED ARTICLESMORE FROM AUTHOR Calls for maternity restrictions to be lifted at LUH Facebooklast_img read more

Calls for opposition parties to get involved in Cant Pay Wont Pay campaign

first_img Calls for opposition parties to get involved in Cant Pay Wont Pay campaign Three factors driving Donegal housing market – Robinson WhatsApp Facebook Previous articleThree men to appear in Court in Derry over rocket findNext articleDeputy McHugh wont vote against cut to respite care grant News Highland By News Highland – December 10, 2012 448 new cases of Covid 19 reported today NPHET ‘positive’ on easing restrictions – Donnelly Help sought in search for missing 27 year old in Letterkenny Pinterest Twitter Pinterestcenter_img News Facebook RELATED ARTICLESMORE FROM AUTHOR Donegal South West Deputy Thomas Pringle says it’s vital that the campaign against the new Property Tax intensifies before legislation is passed transferring responsibility of the tax to the Revenue Commissioners.Deputy Pringle says it will be more difficult to resist the charge once Revenue are in charge, particularly for the PAYE sector.Around 500 people took part in a weekend march and rally in Letterkenny against the new charge, and Deputy Pringle says more people need to become involved in the campaign, particularly opposition parties and representatives.He believes the sense of anger at the new tax is growing…….[podcast]http://www.highlandradio.com/wp-content/uploads/2012/12/pringmon.mp3[/podcast]Francis Mc Cafferty is PRO of the Donegal Can’t Pay, Won’t Pay committee.He says the involvement of Revenue is another attempt to frighten people into registering and paying, and told the rally that the defiance must continue into 2013…………..[podcast]http://www.highlandradio.com/wp-content/uploads/2012/12/franc830.mp3[/podcast] Google+ WhatsApp Google+ Twitter Calls for maternity restrictions to be lifted at LUH Guidelines for reopening of hospitality sector publishedlast_img read more

AA poll shows37% of Donegal people would confront an intruder in their home burglar

first_img AA poll shows37% of Donegal people would confront an intruder in their home burglar Google+ WhatsApp News Twitter NPHET ‘positive’ on easing restrictions – Donnelly Twitter WhatsApp Facebook A new survey shows that 37% of people in Donegal would confront an intruder in their home.The statistic is contained in an AA Home Insurance poll of over 13,000 people shows that on average, across the country, 31% would confront or attempt restrain a prowler.The survey also shows that 39% of Donegal respondents would hide and try and phone the Gardaí, a quater of people of Donegal people would yell and hope to scare the intruder out of their property then alert the Gardaí17.5 % of people in this county would attempt to restrain the intruder until the Gardaí arrive.Women are far less prepared to confront a burglar.6.1% of females said they would order a burglar from their property compared to 27.7% of men.Just 2.3% of  women surveyed said they would even dream of trying to hold down a intruder whereas 19.8% of men said they believed it would be their probable course of action. Facebook Google+center_img Help sought in search for missing 27 year old in Letterkenny Previous articleMet Eireann say Katia aftermath will peak this afternoonNext articleTeens threatened by armed gang in Strabane News Highland Three factors driving Donegal housing market – Robinson Calls for maternity restrictions to be lifted at LUH 448 new cases of Covid 19 reported today Pinterest By News Highland – September 12, 2011 Pinterest RELATED ARTICLESMORE FROM AUTHOR Guidelines for reopening of hospitality sector publishedlast_img read more