Items Tagged with 'Fay Financial'

ARTICLES

  • Mortgage conf. tackles lending, servicing fears

    Sessions currently underway in Dallas
    The lending and servicing industries continue to face streams of new regulations, rules and suggested compliance procedures every month. But with many of these rules considered moving targets, assessing a firm’s regulatory and litigation risk remains a challenge.
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  • In This Corner: Fay Financial's CEO Edward Fay

    [Update: 46% of pre-HAMP modifications done in the third quarter of 2008 were 60 or more days delinquent] For several years Edward Fay, CEO and Founder of Fay Financial, recognized the deviation of affordability metrics in the US housing market relative to historical averages. Fay Financial was created in 2008 specifically to address the growing dislocation in the housing market. For this episode of In This Corner, Ed discusses the Home Affordable Modification Program (HAMP) and how his firm tackles the obstacles in today's servicing industry.
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