August 21, 2017

National Mortgage Servicing Settlement Progress Report: Little to Show (And Little Expected)

The official monitor for the mortgage servicing fraud settlement has put out a progress report on … [Read more...]

Breaking: Q2 GDP 1.5%; Update: 2011Q4 revised upward 1.1 points to 4.1%?

Slump accelerating? The decline in American production continued in the second quarter, according to … [Read more...]

How Do You Take Your Catastrophe? Um, just a little at a time, please… with two Splendas.

  We really are, in large part anyway, a nation of petty, self-absorbed, badly behaved … [Read more...]

How Do You Take Your Catastrophe? Um, just a little at a time, please… with two Splendas.

  We really are, in large part anyway, a nation of petty, self-absorbed, badly behaved … [Read more...]

Q1 GDP revised downward to 1.9%

Corporate profits have worst quarter in three years. The Commerce Department released its second … [Read more...]

Consumer confidence plunged in May, more long-term jobless to be cut loose

But perhaps a bottom in the housing market. The news from today’s economic indicators was … [Read more...]

Recovery is Near! /sarcam | CNN – More than 30% of Mortgage Borrowers Still Underwater

More than 30% of mortgage borrowers still underwater NEW YORK (CNNMoney) — Despite rising home … [Read more...]

Lender Processing Services | LPS Estimates its Total Potential Legal Costs from the Foreclosure Fraud Investigations Would be $78.5 Million

LPS still waiting for housing rebound From the jaxdailyrecord… Business remains down early in … [Read more...]

Utah Foreclosure News is Based on Garbage Stats

In Utah, foreclosures in March were up 74 percent over February.  In New Jersey, foreclosures in in … [Read more...]

GDP drops to 2.2% in Q1

Trends. The US economy slowed in the first quarter of the year, dropping from the previous … [Read more...]

Deutsche Bank Earnings Fall 34%, Worse Than Expected

Deutsche Bank Earnings Fall 34%, Worse Than Expected FRANKFURT–Deutsche Bank, the largest German … [Read more...]

Downward Bankruptcy Filing Trend Continues

Bankruptcy filings for March continued to show a year-over-year decline. According to the latest … [Read more...]

OCC Mortgage Metrics Report for the Fourth Quarter of 2011

OCC Mortgage Metrics Report Disclosure of National Bank and Federal Savings Association Mortgage … [Read more...]

FHFA | Foreclosure Prevention & Refinance Report Fourth Quarter 2011

Year-old loan delinquencies in Florida outnumber total bad loans in all states but Calif. The … [Read more...]

Fannie Announces an Initiative to Make Loan-level Data for Single-family MBS Accessible as a Move Towards Transparency

A Legal Take on Fannie-BofA Fannie announced an initiative to make loan-level data for single-family … [Read more...]

The Fed on Mortgage Servicing

I had the privilege today of hearing Federal Reserve Board Governor Sarah Bloom Raskin deliver the … [Read more...]

OCC Mortgage Metrics Report for the Third Quarter of 2011

Overall Mortgage Performance Stable, Delinquencies Remained Elevated in Third Quarter 2011 … [Read more...]

The Luckiest Bankers the World Has Ever Seen! And They’re Ours! Yay!

Okay, I wrote this on May 21st of last year.  But, the banksters have done it again… they … [Read more...]

Hey Everybody… It’s “Pretend You’re Surprised About the Economy Day!”

You know, some people like Christmas, others Thanksgiving… still others are partial to The 4th of … [Read more...]

Home prices stabilize in 60% of U.S. cities

Home prices rose in nearly 60 percent of U.S. cities in the first quarter of this year, as the … [Read more...]

Fannie Mae seeks $8.4 billion more in aid

Fannie Mae has again asked taxpayers for more money after reporting a first-quarter loss of more … [Read more...]

FCI: Nonperforming Loan Auctions Strong Through 2016

Editor’s Note: A strong indication that the financial services sector expert this foreclosure … [Read more...]

Foreclosures fall in most of top metro areas

Foreclosure activity fell in 14 of the top 20 U.S. metropolitan areas in the first quarter compared … [Read more...]

BlackRock Shifts: Principal Reduction OK in Bankruptcy

April 16, 2010 Editorial NY Times Fighting Foreclosures From the start, the central concern about … [Read more...]

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