Lehman Brothers Holdings Inc. defended against allegations last week from the residential mortgage-backed securities (RMBS) trustees—as the trustees questioned the bank on the value of the claims submitted during the financial crisis in 2008, according to pretrial briefs in an article released by Law360. Ultimately the issue here is that trustees argue Lehman Brothers’ “straightforward ...

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In a report from Fitch Ratings, the agency shares a recent roundtable discussion focused on RMBS process improvements. See what the experts had to say here..

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Assurant, Inc. announced on this week that Marc Connelly has joined Assurant Mortgage Solutions as National Sales Director—with the primary focus on growing the title and origination valuations product lines for Assurant. “Marc’s deep background in sales and business development is matched by knowledge and insights into our industry,” said Dan Hoppes, SVP, Mortgage Solutions at Assurant. ...

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For the fifth consecutive month, the San Jose-Sunnyvale-Santa Clara, California CBSA is one of the best performing markets in the country, see what other markets topped the list . . .

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DIMONT, a provider of insurance claims adjusting and collateral loss mitigation services to the residential mortgage and auto lending industries, has announced the launch of its online loss drafts portal with technology developed by IndiSoft, a solutions development firm specializing in the financial industry. The purpose of this new web portal is to assist servicers ...

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It’s been a week since the OCC outlined its policies on downgrading a bank due to discriminatory or illegal credit practices. See what response the regulator has generated.

The post Industry Reacts to OCC’s Community Reinvestment Act Revised Policies appeared first on DSNews.

On Thursday, leading analytics company CoreLogic compared their CoreLogic HPI Forecast released in June 2016 to the actual HPI Index that came out in August. How accurate were they? Read on to see.

The post Forecasting vs. Reality—Where do Home Prices Stand? appeared first on DSNews.

Where are the top locations for investors looking into the single-family rental market? A recent study reports the MSAs that are bound to provide investors with the best deals.

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Which companies are merging, and what professionals are moving? See some highlights in this update of the housing and mortgage industries. Ellie Mae announced on Monday that it has launched a new release of Encompass, its all-in-one mortgage management solution. The purpose of Encompass 17.4 enhancements is to help lenders of all sizes originate more loans, ...

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Certain investment practices of buying homes for cents on the dollar are being viewed as capitalizing on the damages caused by the recent hurricanes, according to a recent article, but other organizations have a different plan to aid homeowners. Investors like CEO of Waypoint Homes, Gary Beasley and Bryan Schild claim that by investing in ...

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