BlackBox Logic, LLC

A look at 2014 Liquidation Timelines in PLS:

www.bbxlogic.com/bbx-logic-infographic.php

Modifications by Servicer Report December 2014 by BlackBox Logic

Modifications by Servicer Report December 2014 by BlackBox Logic

Lenders consider issuing non-QM loans

Lenders consider issuing non-QM loans Will non-QM loans soon hit the market? Some loan industry insiders believe so.

Freddie Mac continues to back away from secondary mortgage market http://spr.ly/6182dAni

Freddie Mac continues to back away from secondary mortgage market Freddie Mac reportedly scaled back its purchases of mortgage backed securities (MBS) by more than 50 percent in September, causing the unpaid principal balance of its investment portfolio to decrease by about $14 billion.

Jumbo loans boosting home sales in Chicago http://spr.ly/6188dAnp

Jumbo loans boosting home sales in Chicago With mortgage originators making jumbo loans available to borrowers and securitizing them for sale on capital markets, interested parties may be faced with a range of new investment options.

Credit Suisse receives pre-ratings for upcoming RMBS transaction http://spr.ly/6185dAVx

Credit Suisse receives pre-ratings for upcoming RMBS transaction The latest transaction in a line of residential mortgage backed securities (RMBS) from Credit Suisse is on its way to the market and initial assessments have been positive.

MSR market continues to see high level of activity

MSR market continues to see high level of activity Capital market participants are seeing many new opportunities to purchase mortgage servicing rights (MSR), as financial institutions continue to put sizable portfolios up for sale.

Foreclosure inventory shrinks as delinquency rate declines http://spr.ly/6189dAV9

Foreclosure inventory shrinks as delinquency rate declines Mortgage delinquencies have continued to drop in the fourth quarter, falling by 2.8 percent to 6.28 percent in October.

Happy Friday, everybody!

FHFA official urges Senate Banking Committee to revise pending legislation http://spr.ly/6182dAVG

FHFA official urges Senate Banking Committee to revise pending legislation Alfred Pollard, general counsel of the Federal Housing Finance Agency, urged the Senate to add more definition to its reform plan.

Positive economic data may foreshadow rising housing demand http://spr.ly/6182dApA

Positive economic data may foreshadow rising housing demand Recent economic reports have given rise to a growing sense of optimism regarding the real estate and residential mortgage backed securities (RMBS) markets.