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DS News

Blackstone Group Leaves Single-Family Rental Business

22. November, 2019|DS News|No comments

The Blackstone Group Inc. has sold the last of its shares in Invitation Homes, the company’s rental business, which it created in 2012 to capitalize on the growing demand for rental properties.

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Update on Executive Hires and Partnerships

21. November, 2019|DS News|No comments

Get the latest on new executives in servicing and real estate law and learn about new tech partnerships in this Industry Pulse.

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Fitch Selects Red Bell Real Estate Model for RMBS Ratings

21. November, 2019|DS News|No comments

Red Bell Real Estate, LLC, a Radian subsidiary, was named among a select group of automated valuation model (AVM) providers by credit rating agency, Fitch Ratings, to supply AVMs in support of Fitch’s rating of residential mortgage-backed securities (RMBS) transactions.

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Potestivo & Associates, P.C. Adds VP

21. November, 2019|DS News|No comments

Potestivo & Associates, P.C. is has announced the promotion of Megan M. Johnson, effective October 25, 2019. Johnson has been promoted to the role of VP, and in her new capacity she will oversee firm management and operations.

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Gateway First Bank Appoints New CCO

21. November, 2019|DS News|No comments

Oklahoma-based Gateway First Bank has announced the appointment of Deirdre Cherry as its CCO. As CCO, Cherry will be responsible for the review of Gateway’s loan portfolio on a continuing basis to guide risk-appropriate growth, assist in the detection of deterioration in loan quality and review the portfolio to ensure compliance with state and federal regulations.

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Freddie Mac Settles $22M Non-Performing Loan Sale

21. November, 2019|DS News|No comments

The sold pool included $22.0 million in UPB and an average loan balance of $253,100. Here’s how much NPLs the GSE has sold to date.

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Industry Impact: Fed Identifies Economic Threats

21. November, 2019|DS News|No comments

Though the Federal Reserve has stopped cutting interest rates for now, there are still a few negative factors impacting the housing industry’s growth and overall economic conditions.

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Coalition Seeks $2B to Fund Affordable Housing Projects

21. November, 2019|DS News|No comments

Tech companies in Austin are being targeted as a group says thousands of high-priced employees are a factor in home prices rising 40% over the past several years.

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First-Time Mortgage Default Rates Going Against Trends

21. November, 2019|DS News|No comments

While default rates are low overall, why are first-time mortgage defaults rising? Click through to learn more.

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Opportunity Zones Paying Dividends for Home Investors

21. November, 2019|DS News|No comments

Home prices in several opportunity zones are rising fast. Click through to find out why these areas should be on every investor’s radar.

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Opportunity Zones Paying Dividends for Home Investors

21. November, 2019|DS News|No comments

Home prices in several opportunity zones are rising fast. Click through to find out why these areas should be on every investor’s radar.

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Strengthening RMBS Servicing

20. November, 2019|DS News|No comments

RMBS servicing is becoming increasingly complicated/ Find out how Fitch Ratings is adapting to these changes and strengthening U.S. Residential Mortgage Backed Securities.

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Technological Integrations Improving in the Housing Industry

20. November, 2019|DS News|No comments

The SVP and Head of Digital and Direct Lending for Flagstar Bank says “it’s not glamorous work” but advancements are essential for the growth of the industry.

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CFPB Seeks Commentary on Real Estate Acts

20. November, 2019|DS News|No comments

The CFPB is requesting comments from teh public on an assessment it will conduct on the TRID Integrated Disclosure Rule (the Truth in Lending Act and Real Estate Settlement Procedures Act). Here’s how to submit your comments.

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CFPB: Possible Changes Ahead for TRID and RESPA

20. November, 2019|DS News|No comments

The CFPB is requesting comments from teh public on an assessment it will conduct on the TRID Integrated Disclosure Rule (the Truth in Lending Act and Real Estate Settlement Procedures Act). Here’s how to submit your comments.

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