Altisource Residential announces new management agreement with AAMC --

Altisource Residential and Altisource Asset Management Corporation have a complicated relationship and that complicated relationship isn’t going anywhere, anytime soon, thanks to a modified asset management agreement, which the companies say will result in “substantial management fee savings.”

Long foreclosure processes give borrowers free home --

There are still tens of thousands of homeowners who have missed more than five years of mortgage payments. And according to an interesting legal quirk, they might be able to keep their homes for free now.

3 things you need to understand about mortgage default rates --

The researchers at The Urban Institute have a new report worth a look. It’s a critical read if you’re going to understand mortgage default rates. Here’s what they have to say.

More than one-third of America holds no emergency savings --

Despite marked improvement in the economy since the end of the housing crisis, millions of Americans are still on the brink of foreclosure due to a lack of savings. How bad is it?

Parkside Lending continues growth --

In addition to recently adding Robin Gilmore as executive vice president of operational strategy and Joann Berger as underwriting manager, Parkside also announced the additions of Gail Dolton as general counsel, Laurie Spira as chief compliance officer and Jo-Ann Krueger as closing manager.

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