Nationstar Mortgage was the only one out of the three largest U.S. non-bank mortgage servicers to turn a profit during 2015, according to Moody’s Investors Service’s Servicer Dashboard.
Read More »MCS Announces Formation of MCS Solutions
Mortgage Contracting Services, LLC (MCS) has announced the formation of MCS Solutions in order to incorporate the company’s valuations, title services, and steel security product line, according to an announcement from MCS.
Read More »‘Hardest Hit’ Areas Get More Relief from Treasury
The Hardest Hit Fund (HHF) was created under the government's Troubled Asset Relief Program in 2010 to help the areas that were deemed to have been hit hardest by the financial crisis. How is the latest—and final—round of funding going to be disbursed?
Read More »U.S. Bancorp Escapes Most Banks’ Q1 Fate
Most banks and other financial firms reported dismal first quarters compared to a year ago. U.S. Bancorp was different, however.
Read More »Mortgage Insomnia—Homeowners Stressed With Payments
Financial hardships are keeping Americans tossing and turning at night, and mortgages are one the top concerns causing sleeplessness, according to a new CreditCards.com poll.
Read More »Trump Hints at Fed Chair Yellen’s Future
Although he approves of the current low-interest rate environment, Donald Trump does not approve of the woman in charge of rates. If Trump wins the presidential election in November, Federal Reserve Chair Janet Yellen could be out of a job.
Read More »3 Things to Know About the Home Building Dilemma
Robert Dietz, Ph.D., Chief Economist and SVP for Economics and Housing Policy for the National Association of Home Builders sat down with MReport to provide a complete view of some of the pros and cons within the home building picture.
Read More »Financial Institutions Grapple With Compliance Costs
A fiercely raging debate for the last five years is whether or not the added costs imposed on businesses that must comply with increased regulations justifies the benefits of those increased regulations.
Read More »Where are the Most Overleveraged Mortgage Debtors?
Homebuyers often bite off more than they can chew when purchasing a home which can place them into mortgage debt due because they can no longer afford the home. See which cities host the most overleveraged borrowers.
Read More »Existing Sales Conquer Supply Troubles
Homebuyers overcame one of the housing market's biggest obstacles—an imbalance in supply and demand— in March with a rebound in home sales.
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