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When borrowers stop paying their mortgages, banks don’t want to foreclose because with so many so far underwater, the bank’s losses would be enormous; in fact, it would put most banks out of business. That simple truth drives every aspect...

Look for Fannie and Freddie's new regulator to push for looser underwriting, down payment requirements Disclaimer upfront: I live and work in America’s most dysfunctional political and bureaucratic environment — inside the Beltway, Washington...

To alert people about the events on Norwell Street, radios tuned to 106.1 FM were hung around the neighborhood. Photo by John Hulsey, 2014. It has become an all-too-familiar American story. A family receives a predatory loan to buy a home at the height...

It’s Tuesday News Day and these are this weeks hot topics concerning the real estate market, the financial market, general market conditions, and interest rates. The Wall Street Journal – Loan Size to Be Cut for Fannie, Freddie In an effort...

http://www.mortgagenewsdaily.com/channels/pipelinepress/06242016-mortgage-servicing.aspx by: Rob Chrisman NY Servicers Dealt Blow; Ocwen’s $30 Million Settlement; Brexit: Renegotiations and Margin Calls? At Happy Hour tonight, besides talking about...