Status Conference for Investors’ Lawsuit Over GSE Profits Scheduled for March 31

first_imgHome / Daily Dose / Status Conference for Investors’ Lawsuit Over GSE Profits Scheduled for March 31 About Author: Brian Honea Data Provider Black Knight to Acquire Top of Mind 2 days ago in Daily Dose, Featured, Government, News Related Articles The Best Markets For Residential Property Investors 2 days ago  Print This Post The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Brian Honea’s writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master’s degree from Amberton University in Garland. Share Save Status Conference for Investors’ Lawsuit Over GSE Profits Scheduled for March 31 A status conference for a lawsuit filed by Wall Street investment firm Fairholme Funds against the government over the sweeping of GSE profits into the U.S. Department of Treasury is scheduled for Tuesday, March 31, according to a spokesperson in the chambers of U.S. Court of Federal Claims Judge Margaret Sweeney.In late January, Sweeney denied the government’s attempt to stay court proceedings in the case, ruling that Fairholme could continue to pursue its lawsuit against the government, which was originally filed in 2013. The suit claims that the sweeping of Fannie Mae and Freddie Mac profits into Treasury, a practice authorized by Congress in August 2012, equates to taking private property for public use without “just compensation,” which is forbidden by the Fifth Amendment of the U.S. Constitution.The GSEs have been under conservatorship of the Federal Housing Finance Agency (FHFA) since September 2008, at which time they needed a government bailout totaling $188 billion to stay afloat. They returned to profitability in 2012 and are predicted to earn about $21 billion a year for the foreseeable future, according to Fairholme CEO Bruce Berkowitz on a conference call with investors in early February.”Today, Washington bureaucrats are unlawfully holding these profitable companies captive in a perpetual conservatorship,” Berkowitz wrote in a letter to shareholders in January. “Congress never authorized Treasury to become Fannie and Freddie’s ‘overlord’ – forcing the companies to spend all their capital on executive branch prerogatives and circumventing the legislature’s appropriations process. Indeed, the power of the purse remains vested in Congress under the Constitution. The Housing and Economic Recovery Act of 2008 does not authorize any federal agency to use these two publicly traded, shareholder-owned companies as a piggy bank. Yet, in an unprecedented abuse of executive power, the bureaucrats have illegally expropriated and de facto nationalized two of the most valuable companies in the world with apparent impunity. Worse still, their actions are now endangering our housing market, making it more difficult for lower- and middle-income Americans to access mortgage credit.”The lawsuit was dismissed by U.S. District Judge Royce Lamberth in September 2014 on the grounds that the government had been given the authority by Congress under the Housing and Economic Recovery Act of 2008 to sweep GSE profits into Treasury.At the same time he dismissed the Fairholme suit, Lamberth also rejected a similar suit filed against the government by Perry Capital. Fairholme appealed Lamberth’s ruling and Sweeney, in the Court of Federal Claims, revived the case four months later. Fairholme has reportedly been gathering information for the case in order to bolster their argument that the Court of Federal Claims, not the U.S. District Court in Washington, D.C., has jurisdiction over the case.Analyst Peter Chapman noted that there is no record of Fairholme serving any subpoenas for the case to date, and that it has not been revealed for certain who they intend to depose. Chapman said the government’s lawyers will likely tell Sweeney that no witness Fairholme could depose at this stage could help determine whether or not the Court of Federal Claims has jurisdiction in the case.Chapman said the government’s lawyers will likely present an argument at the upcoming status conference that Sweeney’s court does not have jurisdiction over the case with the claim that “shareholders hold physical shares in Fannie and Freddie in their brokerage accounts.  The same shares that held prior to execution of the Third Amendment are still there today, and the speculators who purchased shares following execution of the Third Amendment still own those same shares today. The government’s taken nothing.  The losses some shareholders have realized are merely a reflection of reality in owning common stock in insolvent companies, and the shareholders who acquired shares at their absolute bottom and have realized a profit can’t be heard to complain.”A spokesperson from Treasury declined to comment on the case, and an attorney for Fairholme Funds, David Thompson, said they did not have a comment at this time. Subscribecenter_img Data Provider Black Knight to Acquire Top of Mind 2 days ago Fairholme Funds GSE Profits Lawsuits Treasury 2015-03-25 Brian Honea Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago Tagged with: Fairholme Funds GSE Profits Lawsuits Treasury Sign up for DS News Daily March 25, 2015 938 Views The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days ago Previous: DS News Webcast: Wednesday 3/25/2015 Next: Shift from Bank to Nonbank Lending Causing Rise in Default Risk for Agency-Backed Loans Governmental Measures Target Expanded Access to Affordable Housing 2 days agolast_img read more

Circuit Court Revives FDIC’s Securities Suit Against Deutsche, Goldman, and RBS

first_img Tagged with: Deutsche Bank FDIC Goldman Sachs Lawsuits Mortgage-Backed Securities Royal Bank of Scotland  Print This Post Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Sign up for DS News Daily Share Save Home / Daily Dose / Circuit Court Revives FDIC’s Securities Suit Against Deutsche, Goldman, and RBS Deutsche Bank FDIC Goldman Sachs Lawsuits Mortgage-Backed Securities Royal Bank of Scotland 2015-08-11 Brian Honea Data Provider Black Knight to Acquire Top of Mind 2 days ago About Author: Brian Honea Data Provider Black Knight to Acquire Top of Mind 2 days ago Brian Honea’s writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master’s degree from Amberton University in Garland. Servicers Navigate the Post-Pandemic World 2 days ago August 11, 2015 1,071 Views center_img Subscribe Related Articles Circuit Court Revives FDIC’s Securities Suit Against Deutsche, Goldman, and RBS Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago The 5th U.S. Circuit Court of Appeals in New Orleans has revived a lawsuit filed by the Federal Deposit Insurance Corp. (FDIC) accusing Deutsche Bank, Goldman Sachs, and the Royal Bank of Scotland of fraud with regards to $840 million worth of mortgage-backed securities sold to a Texas bank that later failed, according to multiple media reports.Citing a federal law passed in 1989 following the savings and loan crisis, the 5th Circuit Court ruled that the FDIC had an extended amount of time to file lawsuits on behalf of institutions it insures that went into receivership. The FDIC is accusing the Deutsche, Goldman, and RBS of making false statements in selling $840 million in mortgage-backed securities to Texas-based Guaranty Bank in 2004 and 2005. The FDIC took the bank into receivership in June 2009.A judge in Austin, Texas, dismissed the lawsuits filed by the FDIC last year against the financial institutions, stating that a Texas law that required lawsuits to be filed within five years of the sale of the mortgage-backed securities superseded the federal law. The lawsuits were filed in 2014, nine and 10 years after the securities were sold.Circuit Judge Carolyn Dineen King wrote in her ruling that it was “highly unlikely” that Congress would have applied the time limit in some cases but not all, according to a report from Reuters. She wrote in her ruling that the federal law allowed the FDIC to focus on handling bank failures instead of worrying about whether or not there is a potential statute of limitations and what that time limit might be.This is not the first case in which an appeals court has ruled in favor of the regulators on the time limit issue. Last year, a federal appeals court in Denver found that the National Credit Union Administration filed its mortgage-backed securities lawsuits in a timely manner, according to Reuters.Another mortgage-backed securities case in which RBS was involved was decided in May in favor of the government agency that filed the suit. The FHFA alleged it suffered monumental losses when the sponsor of the mortgage-backed securities, Nomura, and the securities’ underwriter, RBS, did not follow underwriting guidelines on 68 percent of a sample of a bundle of securities backing more than $2 billion worth of mortgages sold to the GSEs prior to the financial crisis of 2008. FHFA was seeking $1.1 billion; the court found Nomura liable and FHFA was awarded $806 million. Nomura has appealed the penalty, and the time limit issue could be pivotal in the appeals court’s decision, since Nomura contents that the FHFA waited too long to file the suit.FHFA currently has a separate suit pending against RBS; the Scotland-based bank is the last case to be decided out of 18 lawsuits filed by the FHFA against lenders in 2011 to recoup U.S. taxpayer costs following the government’s $188 billion bailout of Fannie Mae and Freddie Mac in 2008. Sixteen of the lenders settled; the Nomura case was the first one to go to trial. The RBS case is expected to go to trial sometime next year. in Daily Dose, Featured, News Servicers Navigate the Post-Pandemic World 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago Previous: GSEs Have Totaled Nearly 3 Million Home Retention Actions During Conservatorship Next: Nearly All Metro Areas See Home Price Appreciation in Q2last_img read more

The Week Ahead: Will the Fed Follow Up on Rate Increases?

first_img Federal Reserve Head Janet Yellen will give the opening keynote at Federal Reserve System Community Development Research Conference in Washington this Thursday at 8 a.m.Last week, Yellen and the Federal Reserve announced a federal rate hike to range of 0.75 percent to 1 percent. The Fed voted to raise the rate with only one detractor, the President of the Federal Reserve Bank of Minneapolis, Neel Kashkari. Kashkari had said that he preferred to hold rates steady for now.According to Fannie Mae, the rate increases are not expected to impact housing in any major way. “We believe the Fed could stay on course to achieve its dual mandate with a gradual monetary normalization, which would allow housing to continue to expand,” said Doug Duncan, Chief Economist at Fannie Mae. Given continued solid job growth and recent income gains, we believe this pace of rate increase will not derail the ongoing housing recovery.” “As anticipated, the FOMC went forward with the first rate hike of 2017,” said National Association of Federally-Insured Credit Unions Chief Economist Curt Long. “Given that inflation is rising and approaching the Fed’s 2 percent target, Fed officials had little choice but to raise rates.The rising mortgage rate isn’t expected to affect housing demand in spring, according to First American Chief Economist Mark Fleming.“Reports have suggested, or surely will, that this rise in mortgage rates will be the demise of the housing market. That’s just not so,” sid Fleming. “Yes, many existing homeowners will have a financial disincentive to sell because they would lose their lower than prevailing mortgage rates in doing so, the so-called rate lock-in effect. I have suggested that this is one of the reasons we see low inventories in most markets today, but it’s not as simple as that. We don’t act rationally. Even economists who, of all people, should know better.”The FOMC had previously raised the federal funds target rate to a range of 0.5 to 0.75 percent last December.Will Yellen follow up on last week’s rate increase? Find out on Thursday. The Week Ahead: Nearing the Forbearance Exit 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago March 19, 2017 949 Views The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago The Week Ahead: Will the Fed Follow Up on Rate Increases? Share Save Related Articles Previous: Why Did the Department of justice Turn on CFPB? Next: The Rate Hike and What’s to Come Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Fed Rate Yellen 2017-03-19 Staff Writer About Author: Staff Writer Servicers Navigate the Post-Pandemic World 2 days ago Tagged with: Fed Rate Yellen Sign up for DS News Daily The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago Subscribe Servicers Navigate the Post-Pandemic World 2 days ago Home / Daily Dose / The Week Ahead: Will the Fed Follow Up on Rate Increases? in Daily Dose, Featured, Government, News  Print This Post Data Provider Black Knight to Acquire Top of Mind 2 days agolast_img read more

Credit Access on the Incline

first_img Demand Propels Home Prices Upward 2 days ago Subscribe The Week Ahead: Nearing the Forbearance Exit 2 days ago in Daily Dose, Featured, Journal, Market Studies, News Tagged with: credit Credit Access Delinquency mortgage TransUnion Data Provider Black Knight to Acquire Top of Mind 2 days ago Previous: Flood Insurance Reform Passes in House Next: Cordray Announcement Stirs the Industry Credit Access on the Incline  Print This Post credit Credit Access Delinquency mortgage TransUnion 2017-11-15 Staff Writer Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Share Save The Best Markets For Residential Property Investors 2 days agocenter_img Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago According to the Q3 Industry Insights Report by TransUnion, credit access is at an all-time high. 195.9 million consumers have access to revolving credit, including bank-issued and private label credit cards, auto loans, personal loans—and of course mortgages.. This number marks the highest level of credit yet measured by TransUnion. With greater access to credit comes a greater amount of loans, and TransUnion found that a record 142.5 million consumers had a balance on non-revolving loans, which consist of auto loans, mortgages, student loans and unsecured personal loans.In particular, the report mentioned that the national serious mortgage borrower delinquency rate, defined as the mortgage payments that are 60 or more days past due, were down approximately 16 percent on an annual basis to 1.91 percent at the end of the third quarter (Q1).The report also found that while delinquency rates were at their lowest point since the Great Recession, the total number of mortgages outstanding increased by almost 1 percent in the last year, marking a tally of 52.7 million. According to the report, this continues the second quarter’s (Q2) and reverses the previous trend of yearly declines that started in the fourth quarter of 2014.TransUnion also stated that the average mortgage debt per borrower increased to $199,417, which was a growth trend that had not been previously broken since the first quarter of 2005. However, while average mortgage debt per borrower has increased, the report states that average new account balances dropped by 2.4 percent from the last year to $224,502.According to TransUnion, this drop in new account balances can be attributed to a decline in refinance origination shares to 33 percent in 2017 from 37 percent in 2016, according to an Ellie Mae statistic cited by the report. Additionally, TransUnion states that refinance mortgages tend to hold higher balances than purchase mortgages.“Serious mortgage delinquency rates continue to drop to new post-recession lows, indicating there may be opportunities to responsibly expand access,” said Joe Mellman, senior vice president and mortgage business leader at TransUnion. However, Mellman noted that the drops in delinquency rates were usually preceded by periods of flat delinquencies. He also noted that drops in delinquency rates were also accompanied by higher interest rates and market saturation, both of which negatively impact the refinance market share. Demand Propels Home Prices Upward 2 days ago Related Articles November 15, 2017 1,634 Views Home / Daily Dose / Credit Access on the Incline Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Sign up for DS News Daily Servicers Navigate the Post-Pandemic World 2 days agolast_img read more

New York City Foreclosed Homes Hit 8-Year High

first_img The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago About Author: David Wharton  Print This Post January 10, 2018 2,403 Views Tagged with: first-time foreclosures Foreclosure Foreclosure Auctions new york city propertyshark first-time foreclosures Foreclosure Foreclosure Auctions new york city propertyshark 2018-01-10 David Wharton New York City Foreclosed Homes Hit 8-Year High According to PropertyShark’s annual foreclosure report released this week, the Big Apple had 3,306 homes scheduled for auction last year, a year-over-year increase of 58 percent.PropertyShark releases quarterly reports on the state of foreclosures in New York City, and Q4 2017 reflected ongoing trends toward rising foreclosures in the city, with year-over-year increases in every borough except Manhattan.After peaking in 2008, New York City foreclosures began dropping year-after-year until they bottomed out in 2012. They’ve been increasing slowly ever since. The 2017 total of 3,306 New York homes scheduled for auction is nearly twice the 2015 total of 1,762.New foreclosure auctions in Brooklyn nearly doubled over 2016’s totals. PropertyShark reports 827 Brooklyn homes scheduled for auction in 2017, the highest number in the past decade. The previous record came in 2008, which only hit a high of 460 properties on the auction block for that year.Staten Island stands out with a massive 134 percent increase in the number of homes scheduled for auction, jumping from 183 to 428 between 2016 and 2017. It’s worth noting, however, that this still doesn’t beat Staten Island’s record for first-time foreclosures—that was set in 2008 when the total hit 616.Queens and the Bronx both saw foreclosure increases of around 40 percent. Queens has the highest number of homes in foreclosure of any of New York’s boroughs, leaping from 898 in 2016 to 1,260 in 2017. Even at a 40 percent increase, that total is still well behind the 2008 record of 2,284.As for the Bronx, new foreclosures increased 44 percent for the borough, totaling 650 properties scheduled for auction. That’s up from 451 in 2016. The Bronx had a relative calm 2008 compared to many of the other boroughs, having logged only 251 first-time foreclosures in that year.Manhattan, however, defied the trends and saw the rate of new foreclosure auctions remain flat year-over-year.Throughout New York City, PropertyShark reports that the number of homes entering the foreclosure process with the receipt of a lis pendens notice—a formal notice of intent to foreclose, sent from the lender to the borrower after several months of delinquency—continued the downward trend of previous years. New York City recorded 12,072 new filings in 2017, which amounted to a four percent year-over-year decrease. That’s the lowest total in a decade, with the exception of 2011’s 10,911 filings throughout the city.PropertyShark notes that most of the homes that entered the foreclosure auction stage in 2017 had lis pendens filed in 2013 or 2014, and around 20 percent as far back as 2009 and 2010.You can read PropertyShark’s full New York City foreclosure report by clicking here. Home / Daily Dose / New York City Foreclosed Homes Hit 8-Year High Servicers Navigate the Post-Pandemic World 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Related Articles Previous: How Could Housing Reform Affect Rural Mortgage Lending? Next: Proposed Arizona Bill Addresses HOA Foreclosure Timelines Demand Propels Home Prices Upward 2 days ago Sign up for DS News Daily Share Save Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago in Daily Dose, Featured, Foreclosure, Journal, News Subscribe Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days agolast_img read more

The State of Ginnie Mae MBS Issuance

first_img Ginnie Mae, a wholly-owned government corporation that attracts global capital into the housing finance system to support homeownership for veterans and millions of homeowners throughout the country, has announced that issuance of its mortgage-backed securities (MBS) hit a total of $30.31 billion for March 2018. That’s down slightly from February’s total of $33.2 billion and January’s $36.4 billion.Ginnie’s monthly MBS issuance has been trending downward since August 2017, when it totaled $44.1 billion.Breaking things down further, Ginnie’s March’s issuance included $28.659 billion of Ginnie Mae II MBS and $1.651 billion of Ginnie Mae I MBS, which includes $1.412 billion of loans for multifamily housing.Total unpaid balance for Ginnie Mae I and II MBS as of February 2018 totaled $1.934 trillion, up from $1.798 trillion in February 2017.According to Ginnie Mae’s latest release, Ginnie’s MBS programs “directly support housing finance programs administered by the Federal Housing Administration, the Department of Veterans Affairs, the HUD Office of Public and Indian Housing, and the Department of Agriculture Rural Housing Service. Ginnie Mae is the only MBS to carry the explicit full faith and credit of the United States Government.”Ginnie Mae I MBS “are modified pass-through mortgage-backed securities on which registered holders receive separate principal and interest payments on each of their certificates.” Ginnie Mae I MBS include single-family, multifamily, manufactured home, and project construction loans.Ginnie Mae II MBS “are modified pass-through mortgage-backed securities for which registered holders receive an aggregate principal and interest payment from a central paying agent. An issuer may participate in the Ginnie Mae II MBS either by issuing custom, single-issuer pools or through participation in the issuance of multiple-issuer pools, which combine loans with similar characteristics.”MBS issuance for Fiscal Year 2018 to the end of March totaled $216.949 billion. Ginnie Mae total outstanding principal balance of $1.942 trillion is up from $1.805 trillion in March 2017. The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days ago in Daily Dose, Featured, Government, Journal, News The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago April 15, 2018 2,868 Views Subscribe Previous: Five Minutes With: Brian Grow, President, Morningstar Credit Ratings Next: The Week Ahead: Fed’s Beige Book Spotlights Economic Trends  Print This Post Home / Daily Dose / The State of Ginnie Mae MBS Issuance Share Save The State of Ginnie Mae MBS Issuance Ginnie Mae Ginnie Mae I Ginnie Mae II MBS MBS issuance Mortgage-Backed Securities 2018-04-15 David Whartoncenter_img The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Tagged with: Ginnie Mae Ginnie Mae I Ginnie Mae II MBS MBS issuance Mortgage-Backed Securities Related Articles Data Provider Black Knight to Acquire Top of Mind 2 days ago About Author: David Wharton David Wharton, Managing Editor at the Five Star Institute, is a graduate of the University of Texas at Arlington, where he received his B.A. in English and minored in Journalism. Wharton has over 16 years’ experience in journalism and previously worked at Thomson Reuters, a multinational mass media and information firm, as Associate Content Editor, focusing on producing media content related to tax and accounting principles and government rules and regulations for accounting professionals. Wharton has an extensive and diversified portfolio of freelance material, with published contributions in both online and print media publications. Wharton and his family currently reside in Arlington, Texas. He can be reached at [email protected] Sign up for DS News Daily Servicers Navigate the Post-Pandemic World 2 days agolast_img read more

The Industry Pulse: Updates on ComplianceEase, CoreLogic, and More

first_img Related Articles Previous: Ocwen Releases Q2 Operating Results Next: Wells Fargo Announces Head of Home Lending Servicing The Industry Pulse: Updates on ComplianceEase, CoreLogic, and More in Daily Dose, Featured, Headlines, News Demand Propels Home Prices Upward 2 days ago From new appointments and partnerships to new technology and product expansion, get the latest buzz on the industry in this weekly update. About Author: Kristina Brewer 2018-07-26 Kristina Brewer The Best Markets For Residential Property Investors 2 days ago Home / Daily Dose / The Industry Pulse: Updates on ComplianceEase, CoreLogic, and More The Week Ahead: Nearing the Forbearance Exit 2 days ago The Best Markets For Residential Property Investors 2 days ago Sign up for DS News Daily Data Provider Black Knight to Acquire Top of Mind 2 days agocenter_img Kristina Brewer is the Editorial Assistant of Publications for the Five Star Institute, including DS News and MReport magazine. She is a graduate of the University of North Texas (UNT), where she received her Bachelor of Arts in English with a concentration in rhetoric and writing and a minor in global marketing. During this time, she served as Director of Philanthropy in the national women’s fraternity Zeta Tau Alpha, of which she is an alumna. Her passion for philanthropy continued after university when she was an intern at Keep Denton Beautiful, a local partner of Keep America Beautiful, where she drove membership, organized events, and led social media campaigns. Brewer honed her writing at the North Texas Daily, UNT’s student-run newspaper where she wrote about faculty, mentorship, and student life. Brewer also previously worked at Optimus Business Plans where she helped start-ups create funding proposals, risk assessments, and management plans. Servicers Navigate the Post-Pandemic World 2 days ago Share Save Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago July 26, 2018 1,918 Views Subscribe Data Provider Black Knight to Acquire Top of Mind 2 days ago Burlingame, California-based ComplianceEase, a provider of automated compliance solutions to the financial services industry, and Tavant announced that ComplianceEase’s ComplianceAnalyzer, 4506xpress™ and LicenseManager™ solutions are now integrated within the Tavant VΞLOX product suite—an AI-powered digital lending platform.“Our solutions leverage state of the art automation technology to deliver compliance and income verification reports,” said John Vong, president of ComplianceEase. “Our integration with Tavant VΞLOX platform will provide borrowers with a more streamlined, digital experience and enable lenders to confidently close compliant loans, faster!”The integrations allow customers using the VΞLOX suite to seamlessly and securely audit loans for regulatory compliance violations, verify borrower income, and automatically verify mortgage loan originators’ (MLO) license IDs, without leaving the platform. These services can be utilized at any point during the entire loan lifecycle. The VΞLOX platform allows lenders to connect with mortgage-specific data and service vendors. It supplies on-demand data directly from the information source, enabling a simple end-to-end digital mortgage experience for the borrower.CoreLogic, a California-headquartered global property information, analytics and data solutions provider has announced a partnership with Texas-based The Columbia Institute (TCI) to create an appraiser trainee program. The program will help train the next generation of appraisers, introducing relevant technology, data, and analytics into the valuation process so the number of qualified appraisals in the market continues to increase.The Columbia Institute launched in 1992 to serve the appraisal community with education that specifically contributes to the professional development and currency of the appraiser. It was acquired by CoreLogic in September 2016, after which its mission was expanded to incorporate delivering world-class education and training anytime, anywhere to power and advance the valuation industry.The new appraiser trainee program was commissioned and underwritten by CoreLogic through TCI. It will also improve the efficiency of appraisals by introducing relevant technology, data, and analytics into the valuation process. The program will target early career talent and military veterans which will bring new and diverse talent into the industry and also provide a pathway for veterans to build rewarding careers outside of the military.Erin C. Enderle, attorney, has joined Gerner Kearns’ growing Litigation, Recovery, and Collections Group. The addition was announced by David Gerner, President and Managing Partner.“I am happy to announce that Erin has joined our Collections group,” Gerner said. “Erin is a seasoned professional and has experience in compliance and risk assessment.”Enderle is licensed to practice in Kentucky, Michigan, and Ohio, and is well versed in the Fair Debt Collection Practices Act, Federal Communications Bar Association, Fair Credit Reporting Act, UDAAP under the Dodd-Frank Wall Street Reform and Consumer Protection Act, Servicemembers Civil Relief Act, and the Telephone Consumer Protection Act.Founded over 30 years ago as a real estate law firm, Gerner & Kearns Co., L.P.A., has evolved to provide clients with solutions at every stage of the real estate life cycle, from origination to default. The firm’s service areas include real estate title and closing for both residential and commercial, creditors rights including default services, collections, recovery and replevin, dispute resolution and litigation, business law and probate and estate planning.Richard M. Squire & Associates, a mortgage default law firm licensed and practicing in Pennsylvania and New Jersey, has announced the continued expansion of its Attorney roster with the addition of Rutgers University School of Law graduate, Pierre Simonvil. Pierre will be responsible for foreclosure and bankruptcy litigation in Pennsylvania and New Jersey.“We are extremely excited to have Pierre on the team,” said Richard Squire, Founder & President. “Pierre’s experience in both New Jersey and Pennsylvania truly complements the firm’s client-focused approach and furthers our commitment to providing the high quality of service to which our clients are accustomed to.”Richard M. Squire & Associates, LLC is a mortgage default law firm licensed and practicing in Pennsylvania and New Jersey. The firm’s representation encompasses all areas of creditor’s rights, including residential and commercial mortgage foreclosures, loss mitigation, bankruptcies, evictions, title curative, replevins/repossessions, settlement management, REO closings, and debt collection. As a qualified small business, the firm is authorized to work on federal contracts allowing clients to be compliant with the set aside requirements for FHLMC, FNMA, GNMA, FHA, USDA, and VA. Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago  Print This Postlast_img read more

Ireland must move quickly to address issues this decision now raises – McConalogue on…

first_img 448 new cases of Covid 19 reported today NPHET ‘positive’ on easing restrictions – Donnelly Pinterest Facebook A Donegal Deputy believes the focus now should be to minimise the damage caused by the result of EU referendum in Britain.Deputy Charlie McConalogue says the Irish Government needs to move to address the many issues this decision now raises.He also says its vital for Ireland plays a central role in the European response to the Brexit:Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2016/06/charlibrexit.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Pinterest Ireland must move quickly to address issues this decision now raises – McConalogue on Brexit News, Sport and Obituaries on Wednesday May 26th Three factors driving Donegal housing market – Robinson Previous articleEnergy efficiency grant of €400,000 for DonegalNext articleStrong relationship between Ireland & Britain should work well going forward – McHugh on Brexit admin Google+ By admin – June 24, 2016 center_img RELATED ARTICLESMORE FROM AUTHOR WhatsApp Homepage BannerNews Google+ WhatsApp Help sought in search for missing 27 year old in Letterkenny Facebook Twitter Twitter Nine Til Noon Show – Listen back to Wednesday’s Programmelast_img read more

CCC-NW welcome appointment of access officer to oversee screening services

first_img Guidelines for reopening of hospitality sector published CCC-NW welcome appointment of access officer to oversee screening services Twitter Twitter WhatsApp Pinterest Previous articleFuneral takes place of eighth victim of Inishowen crashNext articleNational MRSA fall reflected in Letterkenny News Highland Calls for maternity restrictions to be lifted at LUH Three factors driving Donegal housing market – Robinson Co-operating for Cancer Care NorthWest has welcomed the news that two Access Officers have been appointed to the the National Cancer Screening Service.The officers’ role will be to co-ordinate assistance for women with disabilities to access BreastCheck and CervicalCheck services.CCC-NW say that since the roll-out of BreastCheck and CervicalCheck in Donegal, they have received several calls from women who feel that their disability hinders them from accessing screening services.The groups spokesperson is Noelle Duddy……….[podcast]http://www.highlandradio.com/wp-content/uploads/2010/07/noelsat.mp3[/podcast] Facebook LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton center_img Pinterest Google+ Business Matters Ep 45 – Boyd Robinson, Annette Houston & Michael Margey By News Highland – July 17, 2010 Facebook RELATED ARTICLESMORE FROM AUTHOR WhatsApp News Almost 10,000 appointments cancelled in Saolta Hospital Group this week Google+last_img read more

Highland’s Farming News – Thursday 10th December

first_img Pinterest WhatsApp By admin – December 10, 2015 A 15 Minute Programme presented by Chris Ashmore every Thursday at 7.05pm highlighting all that’s happening in the farming community.Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2015/12/Farming-57.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. NewsPlayback WhatsApp Guidelines for reopening of hospitality sector published Google+ Pinterest Facebook Twitter Twittercenter_img Google+ LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Previous articleCleaners at Letterkenny University Hospital vote for industrial actionNext articleMatthew Crossan latest Harps player to sign up for 2016 admin RELATED ARTICLESMORE FROM AUTHOR Three factors driving Donegal housing market – Robinson Almost 10,000 appointments cancelled in Saolta Hospital Group this week Calls for maternity restrictions to be lifted at LUH Nine Til Noon Show – Listen back to Wednesday’s Programme Highland’s Farming News – Thursday 10th December Facebooklast_img read more