ditech Expands Presence and Plans to Hire Additional Staff in St. Louis Area company converting earth City servicing site to originations to meet increased customer demand for new loansFORT WASHINGTON, PA – May 16, 2016 -Ditech Financial LLC (“Ditech”) announced plans to convert its servicing site in the St. Louis market to an originations site focused on new loan production.
extended its Geographic Targeting Order (“GTO”) requiring U.S. title insurance companies to identify the natural persons behind legal entities used in purchases of residential real estate performed.
Final 4Q GDP estimate comes in below expectations Fannie Mae completes third non-performing loan sale Fannie, Freddie to raise g-fees in April of Fannie Mac, Freddie Mac and. Home / About FHFA / Reports / Fannie Mae and freddie mac single-family guarantee fees in 2015.. In April 2015, the Agency completed a comprehensive review of the adequacy of the enterprises’ single-family guarantee fees.4q GDP Forecasts Project Third Straight Quarter At or Above 3% for First Time Since 2004. In 2014, even a strong 2Q (4.6%) and 3Q (5.2%) growth rate couldn’t offset the contraction in the 1Q and returned weakness in the 4Q (2.0%), bringing the annual rate to 2.7%. If the 4Q for 2017 comes in at the lower end of the regional Federal Reserve forecasts,
Federal law was recently amended to allow for temporary mortgage loan originator (mlo. owners and who must be disclosed on the NMLS. The modification to the act expands the exemption for.
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The home affordable foreclosure Alternatives (HAFA) Program – Government assistance for a short sale or deed-in-lieu of foreclosure Other Loan Mod Programs VA Loan – If your home mortgage is a Veterans Administration (VA) loan, then there is a specific government program called the cal vet modification.. Being eligible for a VA loan puts you way ahead in the hunt for the best mortgage.
FHFA to Offer simplified loan mods Homeowners who have fallen behind on their Fannie Mae or Freddie Mac mortgages will be eligible for a new, simplified loan modification program beginning the summer, the Federal Housing Finance Agency (FHFA) has announced.
Head of Citigroup residential mortgages gets big promotion Six months and 400 bios ago, FORTUNE set out to rank the 50 most powerful women in business. Her challenge since her promotion in 1995 has been to take Oppenheimer Funds–$92.5 billion in.
A few of the key things HUD offers those covered are immediate foreclosure relief or an automatic 90-day moratorium on foreclosures of Federal Housing Administration. Also, HUD’s Section 203(k).
Trulia: American homebuyers prefer new homes 2 to 1 The online real estate listings service, Trulia, calculated how long homes are staying on the market by measuring the share of homes for sale on its site over a two-month period. It looked at homes listed on June 17, then counted how many were still for sale on August 17.Foreclosures Drop 3% in May as Lenders Tackle Backlog: RealtyTrac RealtyTrac, which monitors county registries of deeds around the country, says lenders filed paperwork covering around 1.9 million foreclosures, deed seizures and property resales in 2012 — a roughly.
"Fannie Mae Flex Modification can provide the consistency of HAMP, coupled with the simplicity and certainty that comes from a smaller suite of modification options," Camilli says. Program Highlights. Building on the concept of "simple," here are some of the highlights of Fannie Mae Flex Modification. The program:
The FHFA also notes that Fannie and Freddie’s share of loan modifications with extend-term only was 65 percent during the fourth quarter.