MortgageOrb

Museum Of Modern Art Offers Exhibit On Foreclosure

on 03 Feb 2012 by MortgageOrb.com

New endeavor combines architectural design with a consideration of the socioeconomic forces behind the distressed housing markets.

New York Attorney General Sues MERS And Leading Mortgage Lenders
Feb. 3, 2012
New York Attorney General Eric T. Schneiderman has filed a lawsuit against several of the nation's largest banks, charging that the creation and use of Mortgage Electronic Registration Systems (MERS) has resulted in a "wide range of deceptive and [read more]

Getting A Handle On Complex Financial Institutions
by Sheila Bair, Feb. 3, 2012
WORD ON THE STREET: There is no single issue more important to the stability of our financial system than the regulatory regime applicable to large financial institutions. I would hope that, by now, there is general recognition of the [read more]

News

CMBS Delinquency Rate Down In January
Feb. 3, 2012
The delinquency rate for U.S. commercial real estate loans in commercial mortgage-backed securities (CMBS) fell six basis points (bps) to 9.52%, according to data [read more]

Clopton Capital Expands Into Hotel Financing
Feb. 3, 2012
Clopton Capital, a commercial mortgage provider based in Chicago, has announced that it is expanding into hotel financing. According to the company, Clopton Capital [read more]

CoreLogic: Home Prices Down 4.7% In 2011
Feb. 3, 2012
Home prices in the U.S. decreased 4.7% in 2011, according to the year-end home price index (HPI) released by Santa Ana, Calif.-based CoreLogic. Last [read more]

From The Orb

News

FYI

How To Manage The Media At Crisis Time
by Mark Winter, Feb. 2, 2012
REQUIRED READING: Combine today's financial crises with a media landscape that has expanded exponentially with the acceleration of online and social media channels, and it is no wonder that [read more]

Hidden HOA Fees Loom Large In Loss Mitigation
by Matt Martin, Feb. 1, 2012
REQUIRED READING: As if mortgage servicers didn't have enough on their plates today, they are also facing a lesser-known, but increasingly common problem: dealing with homeowners associations (HOAs) and [read more]

Dr. Steven Yates: Did Alexander Hamilton Launch Today's Economic Crisis?
by Phil Hall, Jan. 31, 2012
PERSON OF THE WEEK: Some questions defy easy answers, especially when the query relates to present-day economics. For Dr. Steven Yates, a philosophy professor at the University of South [read more]

Is The Justice Department Incompetent?
by Phil Hall, Jan. 30, 2012
BLOG VIEW: Did somebody close down the U.S. Department of Justice (DOJ) without telling us? That theory would seem to make sense, since the department's significant lack of recent [read more]

The MBA Considers The Private Mortgage Market Investment Act
by David H. Stevens, Jan. 27, 2012
WORD ON THE STREET: The purpose of the proposed Private Mortgage Market Investment Act (PMMIA), as set forth in the draft bill, is "to increase standardization and transparency and [read more]