The latest economic and policy trends facing mortgage servicers

Join this webinar for an in-depth roundtable discussion on economic and policy trends impacting servicers as well as a look ahead at strategies servicers should employ in the next year.

2021 RealTrends Brokerage Compensation Report

For the study, RealTrends surveyed all the firms on the 2021 RealTrends 500 and Nation’s Best rankings, asking for annual compensation data for the 2020 calendar year.

Steve Murray on the importance of protecting property rights

In this episode, Steve Murray, RealTrends advisor and industry stalwart, discusses some of the issues facing private property rights, including how a case in Germany could potentially affect U.S. legislation.

Lenders, it’s time to consider offering non-QM products

The non-QM market is making a comeback following a pause in 2020. As lenders rush to implement, Angel Oak is helping them adopt these new lending products.

Mortgage

Find out who wants to force HARP 3.0

They want it, and they want it now for 12 million underwater Americans

A homeowner advocacy group wants to make HARP 3.0 happen, and they’ve launched a petition to do just that.

The group, makeharp3happen.com, launched a new “We the People” Whitehouse.gov petition calling for the administration to install a HARP 3.0 Count Up Clock in The White House Entrance Hall. The petition can be viewed here.

Their goal, they say, is to remind the President, Congress, and other policy makers of their failure to expand the Home Affordable Refinance Program (HARP).

HARP was first introduced in 2009 in response to the financial banking crisis. It was designed to allow refinance opportunities for some underwater homeowners.

In 2011 changes were made to expand the program resulting in HARP 2.0.

To date nearly 3 million homeowners have refinanced using HARP, but more than 12 million homeowners still owe more on their mortgages than their homes are worth.

The President began a push for expanding HARP further during the 2012 State of The Union Address but it died on the vine. Obama returned to that push in the 2013 address, saying, “Too many families who have never missed a payment and want to refinance are being told no. That's holding our entire economy back, and we need to fix it. Right now, there's a bill in this Congress that would give every responsible homeowner in America the chance to save $3,000 a year by refinancing at today's rates."

Obama didn’t bother mentioning housing much at all and HARP not a bit in his 2014 State of the Union

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