first_imgSubscribe  Print This Post Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Related Articles DS News Webcast: Wednesday 12/11/2013 Share Save Previous: Industry Vet Joins Compass Mitigation Services Next: FHA Updates Underwriting Guidelines for Evaluating Borrower Risk December 11, 2013 465 Views The Week Ahead: Nearing the Forbearance Exit 2 days ago Sign up for DS News Daily Servicers Navigate the Post-Pandemic World 2 days ago 2013-12-11 DSNews Is Rise in Forbearance Volume Cause for Concern? 2 days ago Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago in Featured, Media, Webcasts About Author: DSNews Home / Featured / DS News Webcast: Wednesday 12/11/2013last_img read more

first_img Servicers Navigate the Post-Pandemic World 2 days ago Share Save Servicers Navigate the Post-Pandemic World 2 days ago Sign up for DS News Daily Tagged with: Distressed and Underserved Middle-Income Geographies FDIC Federal Reserve OCC 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. Related Articles The Best Markets For Residential Property Investors 2 days ago July 8, 2015 1,337 Views Demand Propels Home Prices Upward 2 days ago About Author: Brian Honea Previous: Freddie Mac Offering Four NPL Pools Totaling $624 Million in UPB Next: Mortgage REITs Have Experienced Strongest Growth Since Recession Data Provider Black Knight to Acquire Top of Mind 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days agocenter_img 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 Home / Daily Dose / Agencies Publish Annual List of Nonmetropolitan Distressed and Underserved Areas  Print This Post Agencies Publish Annual List of Nonmetropolitan Distressed and Underserved Areas Distressed and Underserved Middle-Income Geographies FDIC Federal Reserve OCC 2015-07-08 Brian Honea Three federal government agencies announced on Wednesday that the 2015 list of distressed or underserved nonmetropolitan middle-income geographies is now available.The Federal Reserve, the Office of the Comptroller of the Currency (OCC), and the Federal Deposit Insurance Corporation (FDIC) have made available their annual list of non-metro areas where revitalization or stabilization activities will receive consideration as community development under the Community Reinvestment Act (CRA).An area’s designation as a distressed or underserved nonmetropolitan middle-income geography reflects that area’s local economic conditions such as unemployment, poverty, and population changes. Areas are designated as such by the Fed, the OCC, and the FDIC in accordance with their CRA regulations. The criteria for designating an area as a distressed or underserved nonmetropolitan middle-income geography can be found on the Federal Financial Institutions Examination Council (FFIEC) website. The site contains lists from the current and past years, as well as information about data sources that were used to generate the lists.”Since 2005, the regulators have recognized that CRA can help meet critical needs in distressed and underserved rural areas,” said Barry Wides, Deputy Comptroller for Community Affairs. “Even though these designated areas are middle income, there are indicators of distress due to poverty, unemployment, and population loss, and underserved areas are thinly populated and have difficulty providing essential infrastructure and delivering community needs.  The OCC encourages banks to provide financing to revitalize and stabilize these distressed and underserved rural areas.”A one-year lag is applied to the 2015 list for geographies that were listed in 2014 but are no longer designated as distressed or underserved on the 2015 list, according to the agencies. The revitalization and/or stabilization activities occurring in these geographies are eligible to receive consideration as community development under the CRA for up to 12 months after the current list is published.The CRA was enacted by Congress in 1977 and was substantially revised in both 1995 and 2005. The act is intended to encourage depository institutions to help meet the credit needs of their respective local communities, including low- and moderate-income neighborhoods, consistent with safe and sound operations, according to the Fed.To view the 2015 list of areas designated as underserved nonmetropolitan middle-income geographies, click here. To view the source information and methodology for the 2015 list, click here. Demand Propels Home Prices Upward 2 days ago in Daily Dose, Featured, Government, News Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Subscribelast_img read more

first_img Previous: Economic and Job Growth Pushing Housing Slowly Toward ‘Normal’ Levels Next: GSEs Prevented 121,000 Foreclosures in First Half of 2015 The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago August 6, 2015 1,224 Views Demand Propels Home Prices Upward 2 days ago Subscribe Share Save Governmental Measures Target Expanded Access to Affordable Housing 2 days ago avoiding foreclosure Foreclosure Rescue Scams New York New York AG Eric Schneiderman 2015-08-06 Brian Honea 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. The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago  Print This Post New York AG Highlights Success of Home Retention Programs New York Attorney General Eric Schneiderman, along with housing advocates and local lawmakers, on Thursday highlighted the success of three programs his office has created in the last three years in order to help families avoid foreclosure and keep their homes.More than 6,800 families have avoided foreclosure in the last five years with the help of those three programs, the Homeowner Protection Program (HOPP), New York State Mortgage Assistance Program (NYS-MAP), and AGScamHelp.com.”No family should ever lose their home because they could not speak to a housing counselor or get a small loan to refinance their mortgage,” Schneiderman said. “When I came into office, there were virtually no resources available to help families in the Hudson Valley—and across the state—who had been hurt by the foreclosure crisis. I am proud that as a result of these great programs and resources, my office has been able to keep nearly 50,000 families in their homes since then.”HOPP, a network of nearly 90 housing counseling and legal services agencies that provide free, high quality assistance to families at risk of foreclosure, has served more than 49,000 homeowners in New York in the three years since its launch in June 2012. The program is supported by $100 million from the multi-billion dollar settlements with banks that Schneiderman negotiated in the wake of the financial crisis.NYS-MAP began in October 2014, providing small loans to at-risk families to pay off debts that prevent them from obtaining a mortgage modification. The loans from NYS-MAP, which can be as much as $40,000, are intended to help families at risk of foreclosure pay off mortgage arrears, second or third mortgage liens that are delinquent, or unpaid property tax bills, and the like HOPP, the NYS-MAP is funded with money from the bank settlements. NYS-MAP has approved more than 300 loans statewide in New York totaling $9.3 million. The average loan amount has been slightly more than $30,000.The third program, AGScamHelp.com, is a Web-based app launched in December 2014 to help homeowners determine whether a mortgage assistance company has been vetted by a government agency. Like HOPP and NYS-MAP, AGScamHelp.com is funded by money from the bank settlements and was launched in direct response to a growing number of mortgage rescue scams both in New York and nationwide. In New York alone, more than 2,700 foreclosure rescue scam complaints documenting $8.25 million in losses were submitted to the Lawyer Committee for Civil Rights during a four-and-a-half year period from March 2010 to September 2014. With AGScamHelp.com, homeowners can search the name of an individual or company to determine if the entity is government vetted – a member of the HOPP network or a counseling agency certified by HUD. If the entity is not government vetted, the homeowner is warned to proceed with caution and given tips on how to identify a foreclosure rescue scam, according to Schneiderman’s office. About Author: Brian Honea Tagged with: avoiding foreclosure Foreclosure Rescue Scams New York New York AG Eric Schneiderman in Daily Dose, Featured, Foreclosure, News Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Related Articles Sign up for DS News Daily Home / Daily Dose / New York AG Highlights Success of Home Retention Programslast_img read more

first_img Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago About Author: Brianna Gilpin October 10, 2017 1,808 Views Home / Daily Dose / Deloitte Hack: Fannie and Freddie Not Affected Deloitte Fannie Mae Freddie Mac 2017-10-10 Brianna Gilpin Share Save Demand Propels Home Prices Upward 2 days ago Subscribe Deloitte Hack: Fannie and Freddie Not Affected Brianna Gilpin, Online Editor for MReport and DS News, is a graduate of Texas A&M University where she received her B.A. in Telecommunication Media Studies. Gilpin previously worked at Hearst Media, one of the nation’s leading diversified media and information services companies. To contact Gilpin, email [email protected] Data Provider Black Knight to Acquire Top of Mind 2 days ago Sign up for DS News Daily center_img in Daily Dose, Featured, Headlines, Market Studies, News Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Tagged with: Deloitte Fannie Mae Freddie Mac The Week Ahead: Nearing the Forbearance Exit 2 days ago The Best Markets For Residential Property Investors 2 days ago On September 25, Deloitte, one of the worlds largest accountancy firms, was involved in a hack that compromised confidential emails and plans of some of the company’s blue-chip clients—originally believed to be a total of six. But when news broke of the company uncovering more clients affected by the hack, housing giants Freddie Mac and Fannie Mae were put into the mix inaccurately.According to an article by The Guardian, sources speaking under anonymity said the company red-flagged and have been reviewing emails and attachments that could have come from the GSEs and other clients such as the U.S. Departments of State, Energy, Homeland Security, and Defense as well as the U.S. Postal Service. However, Tuesday afternoon, Deloitte put an end to the suspected news.“Deloitte confirms that Federal National Mortgage Association (Fannie Mae) was not impacted by the cyber incident reported in the media on 9/25/2017 and subsequently on 10/10/2017.”After further investigation, Deloitte believes the hack started in Fall of 2016 when it was moving its email from an in-house system to Microsoft’s cloud-based 365 service. Using an administrator’s account, the hackers got access to the entire email database, including staff’s correspondence with clients.Though Fannie Mae and Freddie Mac said they were aware of the cybersecurity incident, neither GSE was aware of any impact to their respective companies.“We are monitoring the situation closely, and we are working with Deloitte to understand what happened and what additional safeguards it may be considering,” Freddie Mac said in a statement of similar sentiment as Fannie Mae. “We take cybersecurity seriously as it relates to every aspect of our business.” Servicers Navigate the Post-Pandemic World 2 days ago Related Articles Data Provider Black Knight to Acquire Top of Mind 2 days ago  Print This Post Previous: Delinquency Rate Continues at 10-year Low Next: Lenders: Top 5 Cities with Fastest Income Growthlast_img read more

first_img 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] Tagged with: AMDC American Mortgage Diversity Council Webinar women-owned small business WOSB The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago in Daily Dose, Featured, News, Servicing Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Previous: DocMagic and Secure Insight Partner for eMortgage Education Module Next: Risk Reduction Mortgage Launches New Solution AMDC American Mortgage Diversity Council Webinar women-owned small business WOSB 2018-10-21 David Wharton  Print This Post On Wednesday, October 24, from 2–3 p.m. CDT, the American Mortgage Diversity Council (AMDC) will present a complimentary webinar entitled “Women-Owned Small Business: Navigating Certification and Federal Contracting Obstacles.” Host Heather Beers Burt, Managing Partner, Beers Housing, Inc., will guide viewers through a presentation on how qualifying as a certified women-owned small business (WOSB) can present growth opportunities for organizations led by female entrepreneurs. This latest AMDC webinar will focus on topics that prepare your business to become certified and win new business.The promotes diversity and inclusion, throughout the mortgage industry by providing a platform for collaboration among mortgage industry leaders for the advancement of diversity and inclusion dialogue. The organization develops and provides tools and strategies to create an understanding and appreciation of individual differences in thought, experience, race, ethnicity, culture, religion, style, sexual orientation, and gender identity. In 2018, the organization hosted a series of town halls designed to bring together representatives from the mortgage industry, the government, and community groups in a dialogue about housing-related issues of concern to LGBT individuals.Here’s what else is happening in The Week Ahead.S&P CoreLogic Case-Shiller Home Price Index, Tuesday, 9 a.m. EDTMBA Mortgage Apps, Wednesday, 7 a.m. EDTFHFA House Price Index, Wednesday, 9 a.m. EDTNew Home Sales, Wednesday, 10 a.m. EDTFed Beige Book, Wednesday, 2 p.m. EDTPending Home Sales Index, Thursday, 10 a.m. EDT About Author: David Wharton Data Provider Black Knight to Acquire Top of Mind 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Home / Daily Dose / The Week Ahead: Navigating Obstacles in Women-Owned Small Businesscenter_img Sign up for DS News Daily Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago The Week Ahead: Navigating Obstacles in Women-Owned Small Business Share Save Related Articles Demand Propels Home Prices Upward 2 days ago Demand Propels Home Prices Upward 2 days ago Subscribe Data Provider Black Knight to Acquire Top of Mind 2 days ago October 21, 2018 1,458 Views last_img read more

first_img Consumers in October reported a more optimistic view of both buying and selling homes, while also reporting a less positive outlook on personal finances and employment, based on Fannie Mae’s Home Purchase Sentiment Index (HPSI)Experts such as Doug Duncan, Senior Vice President and Chief Economist at Fannie Mae said, “to date, the HPSI has recovered over 60% of its COVID-19 pandemic loss, reflecting the bright spot that the mortgage market has been in the economy.”However, he continued, “the evolution of the pandemic and the 2020 election outcomes may have longer-lasting and unexpected impacts on consumer sentiment, as we saw following the 2016 elections, and we expect both factors will shape the housing market over the coming months.”The HPSI inched up .7 points in October, marking the third-consecutive month-to-month increase. Three of the six HPSI components increased in October. Since last year, the HPSI is down 7.1 points.While the full research report is available, Fannie Mae highlighted the following components:Good/Bad Time to Buy: The percentage of respondents who say it is a good time to buy a home increased from 54% to 60%, while the percentage who say it is a bad time to buy decreased from 38% to 35%. As a result, the net share of Americans who say it is a good time to buy increased 9 percentage points month over month.Good/Bad Time to Sell: The percentage of respondents who say it is a good time to sell a home increased from 56% to 59%, while the percentage who say it’s a bad time to sell decreased from 38% to 35%. As a result, the net share of those who say it is a good time to sell increased 6 percentage points month over month.Home Price Expectations: The percentage of respondents who say home prices will go up in the next 12 months decreased this month from 41% to 40%, while the percentage who say home prices will go down increased from 17% to 20%. The share who think home prices will stay the same decreased from 34% to 31%. As a result, the net share of Americans who say home prices will go up decreased 4 percentage points month over month.Mortgage Rate Expectations: The percentage of respondents who say mortgage rates will go down in the next 12 months remained unchanged at 11%, while the percentage who expect mortgage rates to go up decreased from 38% to 32%. The share who think mortgage rates will stay the same increased from 44% to 49%. As a result, the net share of Americans who say mortgage rates will go down over the next 12 months increased 6 percentage points month over month.Job Concerns: The percentage of respondents who say they are not concerned about losing their job in the next 12 months decreased from 83% to 79%, while the percentage who say they are concerned increased from 16% to 21%. As a result, the net share of Americans who say they are not concerned about losing their job decreased 9 percentage points month over month.Household Income: The percentage of respondents who say their household income is significantly higher than it was 12 months ago decreased from 24% to 23%, while the percentage who say their household income is significantly lower increased from 17% to 20%. The percentage who say their household income is about the same decreased from 59% to 55%. As a result, the net share of those who say their household income is significantly higher than it was 12 months ago decreased 4 percentage points month over month. Subscribe The Week Ahead: Nearing the Forbearance Exit 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago 2020-11-09 Christina Hughes Babb Christina Hughes Babb is a reporter for DS News and MReport. A graduate of Southern Methodist University, she has been a reporter, editor, and publisher in the Dallas area for more than 15 years. During her 10 years at Advocate Media and Dallas Magazine, she published thousands of articles covering local politics, real estate, development, crime, the arts, entertainment, and human interest, among other topics. She has won two national Mayborn School of Journalism Ten Spurs awards for nonfiction, and has penned pieces for Texas Monthly, Salon.com, Dallas Observer, Edible, and the Dallas Morning News, among others. Previous: HUD Secretary Ben Carson Tests Positive for COVID-19 Next: MBS Remain ‘Strong Source of Capital for America’s Homeowners’ Home / Daily Dose / Home Buying and Selling Sentiment ‘Recovering’ November 9, 2020 876 Views Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago About Author: Christina Hughes Babb Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Share 2Save Related Articles Sign up for DS News Daily Home Buying and Selling Sentiment ‘Recovering’ in Daily Dose, Featured, Market Studies, News Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago  Print This Postlast_img read more

first_img By News Highland – December 6, 2013 MLA warns that 40 schools could close in Tyrone if new rules are implemented It’s been claimed that 40 rural primary schools could close in Tyrone if a proposal to introduce a minimum pupil number goes ahead.The North’s Education Minister is being urged to rethink plans to implement a 105 pupil requirement, with a West Tyrone MLA saying it would threaten the future of many rural communities in Tyrone and further a field.Joe Byrne says the school is at the heart of the local community, and small schools should be protected rather than threatened:[podcast]http://www.highlandradio.com/wp-content/uploads/2013/12/jbyrn830SKOOL.mp3[/podcast] RELATED ARTICLESMORE FROM AUTHOR 448 new cases of Covid 19 reported today Pinterest Twitter Calls for maternity restrictions to be lifted at LUH NPHET ‘positive’ on easing restrictions – Donnelly Facebook WhatsApp Previous articleSchools praised for their work in forming Derry’s Pathway for PeaceNext articleLeaders pay tribute to Nelson Mandela News Highland center_img Google+ Facebook Twitter Pinterest Google+ WhatsApp News Three factors driving Donegal housing market – Robinson Help sought in search for missing 27 year old in Letterkenny Guidelines for reopening of hospitality sector publishedlast_img read more

first_img Guidelines for reopening of hospitality sector published Previous articleInquest told St Johnston man took up to 12 Ecstasy prior to deathNext articleGardai appeal for information after Dry Arch armed robbery News Highland RELATED ARTICLESMORE FROM AUTHOR Calls for maternity restrictions to be lifted at LUH Twitter Theft of lead causing major problems in Derry Pinterest By News Highland – June 22, 2011 Help sought in search for missing 27 year old in Letterkenny WhatsApp 448 new cases of Covid 19 reported today Twittercenter_img News Google+ A Derry Councillor has said repair costs following the theft of lead piping in the City will run in to tens of thousands of pounds.Sinn Féin Housing spokesperson Councillor Tony Hassan says that thieves have targetted over 100 homes, businesses and schools in the Greater Shantallow area alone.He says it’s clear that an organised criminal gang have a plan of action in place and have a ready market for the lead.Councillor Hassan has called on the police to increase resources and catch those responsible:[podcast]http://www.highlandradio.com/wp-content/uploads/2011/06/tonylead830.mp3[/podcast] WhatsApp Pinterest Google+ NPHET ‘positive’ on easing restrictions – Donnelly Three factors driving Donegal housing market – Robinson Facebook Facebooklast_img read more

first_img Google+ Pinterest Three factors driving Donegal housing market – Robinson Buncran Town Council has agreed to look at the formation of a youth council.If established the youth council would shadow the senior council with the aim of allowing younger people in the town raise issues of concern and to encourage an interest in politics.The idea has been suggested by Councillor Lee Tedstone:[podcast]http://www.highlandradio.com/wp-content/uploads/2011/04/lee.wav[/podcast] Pinterest Google+ WhatsApp Newsx Adverts By News Highland – April 16, 2011 WhatsApp Calls for maternity restrictions to be lifted at LUH LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamiltoncenter_img NPHET ‘positive’ on easing restrictions – Donnelly RELATED ARTICLESMORE FROM AUTHOR Previous articleMan accused of charges through Facebook back in custodyNext articleSurvey of listeners show most have no objection to Queen’s visit News Highland Efforts underway to establish a Youth Council in Buncrana Help sought in search for missing 27 year old in Letterkenny Twitter Facebook Facebook Guidelines for reopening of hospitality sector published Twitterlast_img read more

first_img Facebook Minister McConalogue says he is working to improve fishing quota By News Highland – January 14, 2011 Newsx Adverts WhatsApp 70% of Cllrs nationwide threatened, harassed and intimidated over past 3 years – Report Google+ WhatsApp A Buncrana councillor says he’s still not happy with the deal done between the county council and the IDA last year, which has seen the IDA confirm it is to concentrate its marketting efforts on Letterkenny.As part of the arrangement, the IDA has handed over lands to Donegal County Council in return for dervelopment charge waivers in Letterkenny, and is promising to assist in any initiative to develop them.However, Cllr Peter Mc Laughlin believes the IDA will effectively seek to poach any investor interested in an area like Buncrana, and seek to bring them to Letterkenny instead.Recalling how Fruit of the Loom came to Buncrana at the behest of the Mc Carters textile company, Cllr Mc Laughlin believes that now, the situation would be different…………[podcast]http://www.highlandradio.com/wp-content/uploads/2011/01/peter830.mp3[/podcast] Pinterest RELATED ARTICLESMORE FROM AUTHOR Twittercenter_img Dail hears questions over design, funding and operation of Mica redress scheme Need for issues with Mica redress scheme to be addressed raised in Seanad also Previous articleOutcry as Mc Gimpsey says no money is available to run proposed radiotherapy unitNext articleMc Hugh wants new A&E unit to open immediately News Highland Man arrested in Derry on suspicion of drugs and criminal property offences released Facebook Twitter Buncrana councillor still won’t accept IDA reprioritisation Pinterest Google+ Dail to vote later on extending emergency Covid powerslast_img read more