Lost in all the hubbub about Fannie Mae’s big announcement this week that it would be offering lenders protection from buyback risk, provided the lender uses Fannie Mae’s Desktop Underwriter and Collateral Underwriter tools, was just how Fannie Mae intended to provide lenders with that protection. So how is Fannie Mae going to verify a […]
Millennials are the largest living population on this planet, and they may be better positioned than any other generation for homeownership. Why? Actually, it could be the very thing holding them back right now that drives them forward later.
Earlier this year, when Ocwen Financial reported a net loss for the second quarter, marking its fourth straight quarter of taking a loss, the company’s executives said that despite the “legacy” issues Ocwen faced, they believed the company was on a path back to profitability. What they didn’t say is just how long it would […]