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Latest Foreclosure Headlines
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1. New CEO at MBA - John Courson replaces Jonathan Kempner | MortgageDaily.com Courson begins his tenure following one of the most devastating periods in mortgage lending history. As defaults and foreclosures have soared, values of mortgage securities have www.mortgagedaily.com/MbaPresident010509.asp 2. The Loan Mod Ledger - Recent modification activity | MortgageDaily.com Program launched earlier this month "is already making progress in preventing foreclosures." FHFA said ... of thousands of foreclosures" and is quickly ... before a foreclosure was filed www.mortgagedaily.com/Modifications122908.asp 3. Mortgage Compliance Issues Solved - Recent compliance offerings | MortgageDaily... case law about lending and foreclosures through a new ... and loan servicing technology. Foreclosure News | Foreclosures Statistics | Foreclosure Resources subscribe | mortgage ads www.mortgagedaily.com/Compliance122308.asp 4. Regulators Report Deteriorating Performance - OTS, OCC report rise in re-defaults ... New foreclosure filings fell during the latest quarter, but delinquency, foreclosures-in-process ... loans in the foreclosure process ended the ... 850,148 new foreclosures have been filed www.mortgagedaily.com/ModificationDefaults122208.asp 5. 2 Million Modifications in 2009 - HOPE NOW reports 69,075 November foreclosures | ... Year-to-date, 861,808 foreclosure sales have occurred. During November, 207,648 foreclosures were prevented, falling from ... in 2008, 2,039,579 foreclosures were prevented, and for all www.mortgagedaily.com/HopeNowVolume122208.asp 6. Lawyers Call Modification Efforts a Failure - NACBA, Valparaiso University... A loans -- of which around 300,000 were in foreclosure. White said ... mentality of pursuing foreclosure upon severe delinquency ... incentives based on foreclosures. "Despite a proliferation www.mortgagedaily.com/ModificationStudy121908.asp 7. The Modification News Station - Recent loan modification activity | MortgageDaily.... To date, there have been few bank-announced foreclosure moratoriums ... has prevented foreclosures on 60 ... headlines Foreclosure News | Foreclosures Statistics | Foreclosure Resources www.mortgagedaily.com/Modifications121708.asp 8. Nationstar Subprime Rating Downgraded - Fitch lowers primary servicer rating... It also created proprietary technologies for loss mitigation, foreclosure, and REO. Nationstar's serviced 89,263 loans for $12.0 billion as of Aug. 31. Subprime loans accounted www.mortgagedaily.com/NationstarRating121708.asp 9. Streamlined Conforming Modifications Go Live - Fannie, Freddie release... Except for the foreclosure sale, servicers should continue the foreclosure process during ... delinquent or in foreclosure on their owner ... should seek another foreclosure alternative in www.mortgagedaily.com/GseModifications121608.asp 10. Obama Nominates HUD Secretary - Shaun Donovan currently head of NYC housing... The president elect promised to stem rising foreclosures through a "bold plan" developed by his economic team with HUD at the heart of the strategy. "Credit is tight and people www.mortgagedaily.com/HudSecretary121508.asp 11. Help With FHA Refis - Recent FHA activity | MortgageDaily.com Stories about refinancing programs, pricing and production. Foreclosure News | Foreclosures Statistics | Foreclosure Resources subscribe | mortgage ads | newsletter | mortgage www.mortgagedaily.com/Fha121508.asp 12. Jumbo Storm - Recent jumbo RMBS ratings actions | MortgageDaily.com York-based ratings agency blamed the negative actions on higher-than-anticipated rates of delinquency, foreclosure and REO in the underlying collateral relative to currently www.mortgagedaily.com/RatingsJumbo121208.asp 13. Foreclosures Decline - 259,085 November foreclosures reported by RealtyTrac... November foreclosure filings were 259,085, ... repossessions -- were determined from a foreclosure listing database of more than ... had at least one foreclosure filing reported during the www.mortgagedaily.com/Foreclosures121108.asp 14. Microsoft Word - 493FEAD4-0D87-08E5EF.doc which there will be a foreclosure sale of a consumers home within the applicable waiting period. The Board requests comment on whether there are other circumstances in which a www.mortgagedaily.com/Forms/RegZProposal121008.pdf 15. Fannie Enhances Early Loss Mitigation - Announcement 08-31 issued | MortgageDaily.... However, pre-foreclosure sales, acceptance of deeds-in-lieu of foreclosure and short payoffs are not ... for the servicer to resume foreclosure proceedings if the borrower does www.mortgagedaily.com/FannieServicingUpdate121008.asp 16. 10-Year Anniversary at MortgageDaily.com | MortgageDaily.com Readers also frequently access articles about foreclosures, secondary marketing and mergers and acquisitions. Read the latest mortgage industry headlines at: http://www. www.mortgagedaily.com/PressRelease121008.asp 17. Modifications and Moratoriums - Recent foreclosure mitigation activity... Modifications and Moratoriums Recent foreclosure mitigation activity ... Connecticut bank announced foreclosure moratoriums. The National ... moratorium for foreclosures on Webster www.mortgagedaily.com/Modifications121008.asp 18. HUD Clarifies Reverse Short-Pays - Mortgagee Letter 2008-38 issued | MortgageDaily... s remedy is limited to foreclosure and the ... resulting from the foreclosure," HUD explained. Four ... current headlines Foreclosure News | Foreclosure Resources Mortgage www.mortgagedaily.com/ReverseShortPays120908.asp 19. Foreclosure Filings Rise - 177,254 November pre-foreclosures | MortgageDaily.com Monthly foreclosure activity worsened, but at least two foreclosure hot spot states ... and notices-of-foreclosure auction. Year-to- ... fell 5 percent. ForeclosureS.com, which lists www.mortgagedaily.com/Foreclosures120908.asp 20. CPP Journal - Recent TARP activity | MortgageDaily.com Defiance also announced a foreclosure forbearance program. Blue Valley Ban Corp. said today it issued 21,750 shares for $22 million to the Treasury. The Overland Park, Kan.-based www.mortgagedaily.com/CppParticipation120908.asp 21. Net Branch News - Recent net branch activity | MortgageDaily.com Originations, servicing and FHA approval. Foreclosure News | Foreclosure Resources subscribe | mortgage ads | newsletter | mortgage news feed | contact us | about us | privacy | www.mortgagedaily.com/NetBranch120808.asp 22. Over Half of Modifications Re-Default - OCC reports 53% of borrowers default... Dugan said the report will show that while foreclosures and delinquency ... 740 new foreclosures were started and foreclosures in process ... decreases in foreclosure activity have www.mortgagedaily.com/ModificationDefaults120808.asp 23. The Modification Insider - Recent modification activity | MortgageDaily.com Freddie completed 15,528 foreclosures in August. IndyMac Federal Bank, ... story back to current headlines Foreclosure News | Foreclosure Resources Mortgage Servicing News Stories www.mortgagedaily.com/Modifications120508.asp 24. New Foreclosures Ease Temporarily - MBA 30-day delinquency rate 6.99... Coverage of servicing lawsuits and loan servicing technology. New Foreclosures Ease Temporarily ... decline in new foreclosure filings is expected ... process of foreclosure. MBA said www.mortgagedaily.com/Delinquency120508.asp 25. NC Settlement to Cost Countrywide Over $15 Million - Overcharges at issue... Countrywide will also make $2 million in grants to 26 foreclosure-prevention counseling agencies in the state that are non-profit. In addition, the Calabasas, Calif.-based company www.mortgagedaily.com/CountrywideNcOrders120408.asp
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