Home Loan Servicing Solutions stock craters after investors get paid

Home Loan Servicing Solutions stock craters after investors get paid

Payout of $1.2 billion headed to stockholders

Homeownership rate falls to lowest since 1993

Economists question whether tumble will continue or has bottomed out

Ocwen’s road ahead: Well, can't get any worse

Fall down seven times, get up eight?
W S

Blogs

new REwired blog header

REwired

Opinion, commentary and analysis on everything that makes the U.S. housing economy tick -- not to mention the ghosts in the machine, too. Written by HW's team of editors and reporters each business day. Read More

Five ways to avoid marketing compliance violations

How to control marketing messages
Alex Baydin
As enforcement rules get stricter, companies have no choice but to ensure that how and what they are communicating to consumers follows the letter of the law. But in today’s world where control over your marketing messages is not absolute, this is no easy task.
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So, totally color-blind housing policy is now discriminatory lending?

This is modern America
Trey Garrison
If a policy treats everybody the same, regardless of race, and there’s no intent to discriminate, can it still be labeled “discriminatory” if its results aren’t racially balanced? There’s the sane answer, and then there’s this.
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Ocwen’s road ahead: Well, can't get any worse

Fall down seven times, get up eight?
Trey Garrison
How close is Ocwen to extricating itself from the mess of its own making, and can it alter the course enough to ride out the rest of the storm? On Thursday, we'll see how they did in their first post-Erbey quarter, and if things are going to plan.
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Monday Morning Cup of Coffee: What’s the diagnosis for the "sick" housing market?

Still, confidence remains high
Trey Garrison
With 1.2 million buyers missing from the marketplace, something is wrong. But where is the real problem? Also, the interest rate and mortgage bond outlook, home prices, industry confidence and more.
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Investors still bullish on single-family rental market

Highlights from IMN Single-Family Rental Investment Forum
Lynn Effinger
While some recent downward pressure on yields experienced by the much larger institutional investors has somewhat tempered the enthusiasm surrounding single-family rentals, investors are still bullish on the performance of the new asset class.
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Pavaso blog header revision 2

Closing Call

Breaking down the TILA-RESPA Integrated Disclosure, how it impacts your business, and ways to solve it. Written by the experts at Pavaso each business day. Read More

A new era of solutions

Recapping last week's posts and tech progress this year
Mark McElroy

Solutions exist today that can help with a large majority of the business process shifts that will result from the rule. And the last year has provided an opportunity for them to solve things further.  


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TILA-RESPA technology cheat sheet

What you need to know when investing in a digital closing solution
Matt Corcoran

If you fired off an email, handed the consumer a brochure, or even simply talked about something face-to-face, how will you record or determine if the consumer engaged that content? The digital delivery of educational content will be key to not only getting the consumer to interact with it, but tracking what the consumer actually accessed.


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How to save $1,100 or more on the cost to close each loan

A digital solution can help lenders' profit margins
Matt Corcoran

If you’re one of the lenders who hasn’t converted over to a digital closing platform yet, chances are you’re going to be a little lost (and even further behind) when that next phase of development kicks off about two months from now.  


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MBA Annual has come and gone, but TILA-RESPA is here to stay

What progress have you made one week after the conference?
Matt Corcoran

As you head to complete this phase by Week 28, you not only need to look at how your organization operates internally, but how it operates externally as well with business partners and consumers to ensure regulations around the three-day delivery rule for the Loan Estimate are met.  


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TILA-RESPA Phase I complete

Get ready for Phase II of the Lender Implementation Timeline
Mark McElroy

Staying on par with the timeline, next week will kick off the Analyses and Decisions phase, in which you’ll be reviewing your workflow, systems and compliance in order to determine the revised procedures, system recommendations and policies necessary.


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