Lender Processing Services' February 2010 Mortgage Monitor Report Shows Pace ...
15 Mar 2010 at 6:11am
The February 2010 Mortgage Monitor report, released by Lender Processing Services, Inc. , a leading provider of mortgage performance data and analytics, shows that while delinquency rates in the U.S. have risen to historic highs, the pace of deterioration has slowed.
Cutting through the red tape of home short sales (Market Watch)
15 Mar 2010 at 2:50am
Short sales are a valuable tool for struggling homeowners, but they?ve been notoriously difficult to complete, with buyers and sellers often playing a long waiting game before hearing back from lenders.
Servicers ?Squeeze? Mortgage-Bond Borrowers Less, Moody?s Says (Bloomberg)
12 Mar 2010 at 12:08pm
March 12 (Bloomberg) -- Servicers of securitized U.S. mortgages are failing to match the aggressiveness of managers of other home loans in pursuing claims against homeowners after defaults, Moody?s Investors Service said.
5 states rush plans for $1.5B in housing funds (FOX 11 Tucson)
15 Mar 2010 at 9:26am
PHOENIX (AP) -- The five states hardest hit by the foreclosure crisis have been given only weeks to plan how to spend $1.5 billion in federal funding announced by the Obama administration last month. Guidelines issued under the U.S. Treasury Department's Fund for Hardest Hit Housing Markets on March 5 gave housing finance agencies in California, Arizona, Florida, Nevada and Michigan just six ...
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