Here's how to handle electronic delivery of mortgage disclosures

Fannie Mae picks non-profit for first small sale of non-performing loans

Completes first “Community Impact Pool” sale

The do’s and don’ts of good credit for Millennials

Here's how to build you score
W S

Servicing

Fannie Mae picks non-profit for first small sale of non-performing loans

Completes first “Community Impact Pool” sale
Fannie Mae announced the winner of its first sale of non-performing loans as part of its “Community Impact Pool” program, which consists of smaller pools of non-performing loans and is designed to attract diverse participation by non-profits, small investors and minority- and women-owned businesses. Click here to read more.
Read More

Nationstar gives $30 million for distressed homeowners in Milwaukee

Deal smooths way for public financing of Milwaukee Bucks arena
Nationstar Mortgage will provide up to $30 million to financially troubled Milwaukee homeowners under an agreement with the city. This comes after months of negotiations, a spate of critical press and upcoming hearings on how the city is financing the proposed $500 million Milwaukee Bucks arena, which media and analysts say is definitely related.
Read More

RealtyTrac: Share of in-foreclosure sales hits 15-year low

Cash sales hit 8-year low
Sales of properties in-foreclosure and cash sales were down from a year ago to multi-year lows while year-to-date U.S. home sales in 2015 are at an eight-year high, and the U.S. median home price in July was at an 82-month high. Say what you will, this is one area of housing that's slowly fading. Read on.
Read More

RealtyTrac: Foreclosure filings up 7% in July

Marks 5 months of year-over-year increases
There was a total of 124,910 U.S. properties with foreclosure filings — default notices, scheduled auctions and bank repossessions — in July, up 7% from the previous month. RealtyTrac vice president explains why.
Read More