by notesyndication.com | Oct 28, 2020 | Financial literacy, Mortgage Industry, Note Industry, Real Estate Industry
It appears that PHH Corp. has a subservicing problem on its hands, as for the second time in four months, the company is about to lose a large portion of its mortgage subservicing portfolio. PHH disclosed Thursday that it recently received notice from HSBC Bank that...
by notesyndication.com | Oct 28, 2020 | Financial literacy, Mortgage Industry, Note Industry, Real Estate Industry
By Ben Lane Now that the dust is starting to settle from the election, a clearer picture is beginning to emerge of what types of actions President-elect Donald Trump will pursue once the “-elect” is removed from his title. Chief among those planned actions appears to...
by notesyndication.com | Oct 26, 2020 | Financial literacy, Mortgage Industry, Note Industry, Real Estate Industry
President Donald Trump will order a sweeping review of the Dodd-Frank Act rules enacted in response to the 2008 financial crisis, a White House official said, signing an executive action Friday designed to significantly scale back the regulatory system put in place in...
by notesyndication.com | Oct 26, 2020 | Financial literacy, Mortgage Industry, Note Industry, Real Estate Industry
It’s been a busy first week in office for President Donald Trump, with executive orders on immigration, energy, trade, health care, and more being handed down daily. But executive orders are just the preamble to the big initiatives that Trump and the Republican...
by notesyndication.com | Oct 26, 2020 | Financial literacy, Mortgage Industry, Note Industry, Real Estate Industry
Despite skepticism by many advocates, the Federal Housing Administration (FHA) and Fannie Mae and Freddie Mac (the government-sponsored enterprises, or GSEs) increasing rely on auctioning off severely delinquent mortgages to private investors to dispose of these...