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Five Minutes With: John Vella, Chief Revenue Officer of Altisource

DS News talks with Chief Revenue Officer of Altisource John Vella as he shares his views on the challenges impacting the industry in 2018, as well as how new technology [...]

For Sale: Freddie Mac’s First NPLs of 2018

Freddie Mac has announced plans to sell off a pool of $420 million in nonperforming loans—marking the first sale of its kind this year. The post For Sale: Freddie Mac’s [...]

Domestic Spending to Spur Economic Growth

Mortgage rates and home sales are expected to rise in 2018 according to the latest economic and housing outlook by Fannie Mae. The report expects mortgage rates to rise 30 [...]

Starter Home Values Rising at the Fastest Rate on the Market

According to a recent analysis, the most affordable homes on the market are making the greatest price gains. What factors are driving this appreciation? The post Starter Home Values Rising [...]

The Industry Pulse: Updates on Mr. Cooper, Black Knight, and More …

Which companies are merging, and what professionals are moving? See some highlights in this update of the housing and mortgage industries. WMIH Corp and Nationstar Mortgage Holdings Inc., with its flagship brand Mr. Cooper (formerly [...]

Ginnie Mae MBS Outstanding Issuance Approaches $2 Trillion

On Thursday, Ginnie Mae—the government-owned corporation that attracts global capital into the housing finance system—announced that issuance of its mortgage-backed securities (MBS) totaled $36.41 billion in January 2018. This brings [...]

FEMA Aid for Some Displaced Puerto Ricans Running Out

At the beginning of February, HUD announced that $1.5 billion in aid was being allocated toward Puerto Rico’s recovery from a brutal hurricane season, designed to “support long-term recovery of [...]

Drop-In Centers Working to Assist Hurricane-Impacted Texans

It’s been six months since Hurricane Harvey made landfall in Texas, but many residents in the South Texas area are still trying to recover from the storm’s impact. Post-storm mortgage [...]

Freddie Mac Takes Q4 Hit

Like its sister agency, Freddie Mac this week reported large Q4 losses that will require government bailout money for the first time since 2012. The major difference is that Freddie [...]

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