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Tag Archives: Federal Regulator
Housing Crisis: New Rules Hit Mortgage Servicers
The nation’s five largest banks service about half of all mortgages, but recently they have been selling those servicing rights to so-called “specialty servicers,” like Ocwen and Nationstar, whose stocks have been soaring. These companies specialize in delinquent mortgages. The … Continue reading
Posted in Real Estate News
Tagged Borrowers, Cfpb, Common Sense, Crediting, Delinquencies, Delinquent Mortgages, Department Of Justice, Director Richard, Enforcement Regime, Exponentially, Federal Regulator, Foreclosure, Mandates, Monthly Statements, Mortgage Servicers, Nationstar, Ocwen, Poor Job, Richard Cordray, State Attorneys
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Obama Gets Big ‘No’ On Slashing Mortgage Debt
Despite strong pressure from the Obama administration, a federal regulator will not allow Fannie Mae and Freddie Mac to reduce mortgage principal. The Federal Housing Finance Agency’s Ed DeMarco has previously opposed the program, which uses taxpayer money to pay … Continue reading
Posted in Denver Real Estate News
Tagged Contract Risks, Debt Forgiveness, Fannie Mae, Fannie Mae And Freddie Mac, Federal Regulator, Freddie Mac, Housing Finance Agency, Loan Balances, Loan Modification, Meaningful Improvement, Michael Stegman, Mortgage Contract, Mortgage Credit, Mortgage Principal, Operational Challenges, Principal Reduction, Term Consequences, Timothy Geithner, Treasury Secretary, Valid Contract
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Real Estate News: Home Resales Rise 4%
By Sushil Cheema Kiawah Island Real Estate House of the Day: A ‘Lips Room’ On Kiawah Island: This South Carolina house has a great room featuring bamboo floors and a guest room with white lacquer walls and limited-edition wallpaper. Here … Continue reading
Posted in Denver Real Estate News
Tagged Apartment Market, Bamboo Floors, Cautious Hope, Cheema, Chinese Property, Distressed Properties, Energy Sector, Fannie Mae, Fannie Mae And Freddie Mac, Federal Regulator, Freddie Mac, Home Resales, Investment Group, Mikhail Fridman, Pudong District, Real Estate Sector, Residential Construction, S Real Estate, Skanska, Wsj
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Real Estate News: Home Resales Remain Depressed
By Sushil Cheema Tahvory Bunting/Denver Image Productions House of the Day: Denver Tudor Restoration: Built in 1912, this three-story house was gut renovated by its current owners who updated the plumbing and heating and added a pool and breakfast nook. … Continue reading
Posted in Denver Real Estate News
Tagged Antipathy, Breakfast Nook, Cheema, Civic Arena, Fannie Freddie, Fannie Mae, Fannie Mae And Freddie Mac, Federal Regulator, First Time Buyers, Freddie Mac, Hockey Team, Home Resales, Image Productions, Mario Buatta, Oversight Role, Parthenon, Plumbing And Heating, Prince Of Chintz, Real Estate News, Wsj
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