CoreLogic, Irvine, Calif., said U.S. foreclosure and mortgage delinquency rates fell to 12-year lows in July.
Category: News and Trends
Fannie Mae Names Hugh Frater Interim CEO; Tim Mayopoulos to Leave Oct. 15
Fannie Mae, Washington, D.C., appointed Hugh R. Frater as Interim CEO, effective October 16, subject to final Federal Housing Finance Agency approval. He will succeed Timothy J. Mayopoulos, who announced his intention to depart in July and will leave the company on October 15.
Fannie Mae Names Hugh Frater Interim CEO; Tim Mayopoulos to Leave Oct. 15
Fannie Mae, Washington, D.C., appointed Hugh R. Frater as Interim CEO, effective October 16, subject to final Federal Housing Finance Agency approval. He will succeed Timothy J. Mayopoulos, who announced his intention to depart in July and will leave the company on October 15.
Fannie Mae Names Hugh Frater Interim CEO; Tim Mayopoulos to Leave Oct. 15
Fannie Mae, Washington, D.C., appointed Hugh R. Frater as Interim CEO, effective October 16, subject to final Federal Housing Finance Agency approval. He will succeed Timothy J. Mayopoulos, who announced his intention to depart in July and will leave the company on October 15.
Black Knight: 474,000 Mortgaged Properties in FEMA-Declared Florence Disaster Areas
Black Knight, Jacksonville, Fla., said nearly 500,000 mortgaged properties sit in the 34 counties in North and South Carolina declared as disaster areas resulting from Hurricane Florence.
Foreclosed Homes Appreciating Faster than Typical U.S. Home
Homes that were foreclosed on during the housing crisis are now rising in value by more than 10 percent annually, more than 3.5 percentage points faster than the typical U.S. home, said Zillow, Seattle.
FHFA Requests Input on GSE Proposed Duty to Serve Plan Modifications
The Federal Housing Finance Agency requested public input as part of the Agency’s consideration of proposed modifications to Fannie Mae and Freddie Mac’s 2018-2020 Underserved Markets Plans under the Duty to Serve program.
CMBS Delinquency Rate Reduction Accelerates; Possible ‘Inflection Point’ Ahead?
The commercial mortgage-backed securities delinquency rate dropped “markedly” once again in September, reported Trepp, New York.
Studies Examine ‘Delicate Balance’ Between Customer Experience, Fraud Prevention
Striking the “delicate balance” between customer experience and fraud prevention is not an easy feat, a series of studies by Forrester Consulting and TransUnion reported.
Loan Defect Index Flat in August As Hurricane Damage Looms
In the wake of major natural disasters this summer, the risk of mortgage loan application fraud increased in August, said First American Financial Corp., Irvine, Calif.