DS News Webcast: Wednesday 4/13/2016

first_imgHome / Featured / DS News Webcast: Wednesday 4/13/2016 Related Articles Sign up for DS News Daily Demand Propels Home Prices Upward 2 days ago Is Rise in Forbearance Volume Cause for Concern? 2 days ago Demand Propels Home Prices Upward 2 days ago 2016-04-12 Brian Honea Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Previous: Incentives Remain for Private Investors in Housing Next: Counsel’s Corner: Challenge of CFPB’s Constitutionality Begins The Week Ahead: Nearing the Forbearance Exit 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. Housing advocates and progressive groups have launched a coalition to change Agency distressed loan sales practices and require them to sell more delinquent loans to non-profits. The advocates tagged HUD’s Distressed Asset Stabilization Program a, quote, Wall Street Giveaway, close quote, because the majority of distressed loans sold through the program are bought by Wall Street investors.The coalition’s efforts include a petition to HUD Secretary Julián Castro asking him to cease distressed loan sales through DASP until the program is reformed. HUD has made changes to the program in the last year that include setting aside pools of loans exclusively for purchase by non-profits and extending the foreclosure delay time from six months to a year.A federal judge unsealed depositions related to Fairholme Funds’ lawsuit against the government over the sweeping of GSE profits into Treasury that may be undermining to the government’s position that the profit sweep was in fact a way to protect taxpayers. Testimony from key government officials reveals, however, that the government may have known in 2012 at the time the terms of the bailout agreement were amended that Fannie Mae and Freddie Mac were going to remain profitable for many years. Share Save in Featured, Media, Webcastscenter_img Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago About Author: Brian Honea Servicers Navigate the Post-Pandemic World 2 days ago April 12, 2016 713 Views Data Provider Black Knight to Acquire Top of Mind 2 days ago  Print This Post The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago DS News Webcast: Wednesday 4/13/2016 Subscribelast_img

Leave a Reply

Your email address will not be published. Required fields are marked *