Are REOs ready for a comeback?

Are REOs ready for a comeback?

Clear Capital: Increases in distressed, seasonal changes suggest yes

Mortgage application defects keep rising

Michigan, Florida, Texas lead First American application defect index

Monday Morning Cup of Coffee: When will mortgage lending pick up?

Plus, more on the future of Fannie and Freddie

Articles by Jacob Gaffney

From HW Magazine

Freddie Mac rising

With Donald Layton at the helm, Freddie Mac surges into new territory
Layton has over 35 years of experience in financial services and as a corporate leader. He worked for nearly 30 years at JPMorgan Chase and its predecessors, starting as a trainee and rising to vice chairman and member of the three-person Office of the Chairman, retiring in 2004.
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This is exactly why title clearing is so underappreciated

Reddit real estate fiasco easily avoided
A property investor took to Reddit for advice when their latest deal took a turn for the worst. They ask: "Whose fault is it if I find out there's a $5k lien 1 day before closing?" Well, if you'd used title clearing services, you wouldn't be in this position in the first place. Read on to see how it plays out.
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Judge orders massive release of Fannie, Freddie conservatorship docs

Bove: Should eventually give shareholders their ownership rights back
Will the public finally know if the Treasury took over Fannie and Freddie, despite the secondary mortgage market firms being adequately capitalized? Investors have long argued this is so, and that the controversial Third Amendment Sweep is illegal. Now, a federal judge is siding with them.
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Fannie Mae eliminates Desktop Underwriter fee

Enhances other mortgage-leading tools
“We want to continue to provide value to our lenders and we don’t want technology fees to get in the way of lenders using our technology to its full potential," said Andrew Bon Salle, Executive Vice President, Single-Family Business at Fannie Mae.
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