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Legal Strategy and Budget: 10 Things Investors Should Consider18. January, 2021|DS News|No commentsEditor’s note: This story originally appeared in the January edition of DS News. Over the last nine months, the magic words have been “new normal” or “when things return to normal.” With how the default industry has been proceeding (and the world for that matter), “new normal” is the actuality. A “new normal” has meant wearing … The post Legal Strategy and Budget: 10 Things Investors Should Consider appeared first on DSNews. |
Tracking Homeowners’ Desire to Relocate18. January, 2021|DS News|No commentsA survey by LendingTree found that about half of Americans looked into moving in the coming year. The researchers took a closer look at where, specifically, homeowners who relocate are most likely to go. Using data from January-December of 2020, LendingTree analyzed the migration patterns of American homebuyers in each of the 50 states. They … The post Tracking Homeowners’ Desire to Relocate appeared first on DSNews. |
Economy ‘Ready to Take Off’ in 202118. January, 2021|DS News|No commentsFannie Mae’s Economic and Strategic Research (ESR) Group expects the U.S. economy to grow 5.3% in 2021, an upgraded forecast from the 4.5% reported last December. The GSE also issued an improved projection for 2022 at 3.6% growth from 3.2%. Fannie’s dense “Economic & Housing Outlook” report indicates that economic output likely flatlined or even … The post Economy ‘Ready to Take Off’ in 2021 appeared first on DSNews. |
California Housing Market Ends 2020 on a High Note18. January, 2021|DS News|No commentsDespite a myriad of obstacles stemming from two pandemic-induced lockdowns and a problematic economy that forced many residents and businesses to leave the state, California’s housing market closed 2020 with a vibrant sales rate and a fifth record-high median price in December, according to new data published by the California Association of Realtors (CAR). Closed … The post California Housing Market Ends 2020 on a High Note appeared first on DSNews. |
How Biden’s Economic Stimulus Plan Might Impact Housing18. January, 2021|DS News|No commentsPresident-elect Joe Biden last week provided a $1.9 trillion plan for rescuing the U.S. economy. Housing industry insiders and other American’s have responded to key housing-related areas of the package including individual stimulus checks in the amount of $1,400 (in addition to approved $600), rental assistance, and the extension of a foreclosure and eviction moratorium. … The post How Biden’s Economic Stimulus Plan Might Impact Housing appeared first on DSNews. |
Firefly Legal Celebrates 25th Anniversary15. January, 2021|DS News|No commentsSince taking flight in 1996, Firefly has opened offices and expanded its footprint to help clients across the nation. It has developed innovative technological solutions to optimize maximum results for its clients. The post Firefly Legal Celebrates 25th Anniversary appeared first on DSNews. |
Potestivo & Associates Adds Melissa Z. Prantzalos15. January, 2021|DS News|No commentsPotestivo & Associates P.C., a top tier creditors’ rights law firm, announced the hiring of Melissa Z. Prantzalos as Supervising Litigation attorney in the Rochester, Michigan, office of the firm. The post Potestivo & Associates Adds Melissa Z. Prantzalos appeared first on DSNews. |
HUD Face-to-Face: Is it a Condition Precedent15. January, 2021|DS News|No commentsEditor’s note: This story originally appeared in the January edition of DS News. Florida’s Fourth District Court of Appeals has recently issued two new opinions concerning the “HUD Face-to-Face Provision.” Both actions involved the involuntary dismissal of foreclosure cases at trial based upon the lender’s failure to present prima facie evidence showing it complied with … The post HUD Face-to-Face: Is it a Condition Precedent appeared first on DSNews. |
The Week Ahead: Servicing Challenges in Uncertain Times15. January, 2021|DS News|No commentsThe Week Ahead features multiple webinars on industry issues including COVID-19-related servicing obstacles, diversity and inclusion, and the state of the economy. The post The Week Ahead: Servicing Challenges in Uncertain Times appeared first on DSNews. |
FHFA, Treasury Announce PSPA Changes15. January, 2021|DS News|No commentsAmendments allow GSEs Fannie Mae and Freddie Mac to continue to retain earnings until they satisfy the requirements of the 2020 enterprise capital rule. Click through to learn why some experts voiced both appreciation and concern. The post FHFA, Treasury Announce PSPA Changes appeared first on DSNews. |
Senior Housing Wealth Reaches Record $7.82 Trillion15. January, 2021|DS News|No commentsHomeowners who were 62 and older enjoyed a 1.6% increase in their housing wealth during the third quarter of 2020, according to the new data report from the National Reverse Mortgage Lenders Association (NRMLA)/RiskSpan Reverse Mortgage Market Index (RMMI). During the third quarter, the RMMI determine that seniors’ housing wealth increased by $121 billion from … The post Senior Housing Wealth Reaches Record $7.82 Trillion appeared first on DSNews. |
Forbearance Volume Continues to Slowly Decline15. January, 2021|DS News|No commentsThe number of mortgages in active forbearance this week decreased by 9,000, a 0.3% decline, according to new data published by Black Knight Inc. Compared to the same time last month, the total number of active forbearance plans were down by 1.5%. Black Knight noted that as of January 12, 2.73 million mortgages, or 5.1% … The post Forbearance Volume Continues to Slowly Decline appeared first on DSNews. |
Danny Byrnes Promoted to CRO at Nationwide Title Clearing, Inc.14. January, 2021|DS News|No comments“I am excited to fully take control of NTC’s destiny and honored that I am being trusted with this,” Byrnes said. The post Danny Byrnes Promoted to CRO at Nationwide Title Clearing, Inc. appeared first on DSNews. |
Ncontracts Acquires QuestSoft Corporation14. January, 2021|DS News|No commentsA provider of integrated risk management solutions combines forces with a lending compliance provider to create an end-to-end risk and compliance portfolio for the financial services industry. The post Ncontracts Acquires QuestSoft Corporation appeared first on DSNews. |
Best in Legal Guide: Stern & Eisenberg14. January, 2021|DS News|No commentsToday’s default-servicing landscape can be challenging for even the most seasoned industry professionals. Continually shifting regulations—at both the state and national level—require everyone in the industry to remain updated on all aspects of what the law requires, while also balancing the realities of costs and top-tier customer service. For the 15th year in a row, DS … The post Best in Legal Guide: Stern & Eisenberg appeared first on DSNews. |
