Things at Ocwen just went from bad to much, much worse

Things at Ocwen just went from bad to much, much worse

Embattled company hit with an avalanche of bad news

Pending home sales surge to highest level in 18 months

Buyer demand boosts sales

Foreclosure: The Movie… (finally!) coming to a screen near you

In new film, neighborhood of foreclosed homes drives man insane
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February 2015

From HW Magazine

The new economists

How new economic models and voices are shaking up the status quo
Trey Garrison
People are listening to real estate economists today in a way that anyone who covered the industry a decade or more ago would not recognize. Smoke is one of the members of this new wave of real estate economists. In fact, Smoke is actually the newest one on the block. The upstart economists at places like Trulia and Zillow are still new, Smoke is just the latest player to join the game.
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From HW Magazine

POWER PLAYERS: Service providers

16 companies delivering innovative solutions and services
HousingWire Staff
These 16 companies are delivering innovative solutions and services that distinguish them in the industry.
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From HW Magazine

Appraisal disruption

Is Fannie Mae right to think that Collateral Underwriter is the answer to appraisal quality?
Ron Tester
Typically, for a process and a product that depends largely on human effort, if you want a higher quality product, you have to pay more. The best doctors, chefs, mechanics and attorneys all make more than the market average. Nevertheless, lenders, AMCs and Fannie Mae all expect appraisal quality to increase even as appraiser fees decrease.
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From HW Magazine

Veros automates valuation

Helping the GSEs improve their risk management capabilities
HousingWire Staff
Veros is the official technology provider for the oft-touted but perhaps little understood Uniform Collateral Data Portal (UCDP) that has automated, streamlined, and standardized the way the government-sponsored enterprises handle appraisal data.
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From HW Magazine

Senate flip

How much will Republicans actually do in the next two years?
HousingWire Staff
Some economists believe the Republican sweep of both the Senate and House will reduce gridlock, increase pro-business legislation, and perhaps even lead to tax and immigration reform. One thing’s for certain — Democratic efforts to raise the minimum wage are now dead in the water.
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From HW Magazine

REITs riding high

But for how long?
HousingWire Staff
Feared rate increases are likely to come slowly given the general slowdown in global economic growth, which means even the less diversified REITs could still have a good run for the immediate future.
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From HW Magazine

The new American Dream

Patty Arvielo leads by example
HousingWire Staff
“I’m all about long-term," Arvielo said. "I put people in houses that are sustainable. I don’t want people to be one broken stove away from foreclosure. It’s always been about collateral, capacity and credit. The minute the industry steered away from those underwriting principles is when we got into trouble.”
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From HW Magazine

Stop struggling to scale personnel

Technology allows lenders to adopt new hiring strategies
Rajesh Bhat
As other industries have shown, repeatable and effective scaling requires the implementation of technology to automate sales and production and allow for change to happen efficiently.
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From HW Magazine

Here's why the customer is always right

Four keys to unlocking borrower satisfaction
Brad Johnson
Servicers must consider a positive customer experience to be a compliance mandate in the current regulatory environment. While this may be a difficult goal to achieve, we have found that there are four keys to success that can help any servicer do a better job of ensuring a positive experience for their mortgage borrowers.
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