The Week Ahead: REO Outlook Webinar for Housing Pros

first_imgHome / Daily Dose / The Week Ahead: REO Outlook Webinar for Housing Pros Related Articles The Best Markets For Residential Property Investors 2 days ago The Week Ahead: REO Outlook Webinar for Housing Pros About Author: Christina Hughes Babb Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago October 2, 2020 1,166 Views Sign up for DS News Daily 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. Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Previous: Number of Active Forbearances Experiences a Spike Next: Proposed Bill Would Enact Automatic Forbearance, Prohibit Foreclosures Share Savecenter_img Hyland, Community Live virtual event—Monday-FridayOptimal Blue, Mortgage Market Indices—MondayBoard of Governors of the Federal Reserve System, Consumer Credit report—Wednesday U.S. Employment and Training Administration, Unemployment Insurance Weekly Claims Report—Thursday  Print This Post Data Provider Black Knight to Acquire Top of Mind 2 days ago in Daily Dose, Featured, News The Week Ahead: Nearing the Forbearance Exit 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Next week, Tuesday, October 6 at noon (CT ), RealtyBid and parent company Covius will host a webinar entitled “A 2021 Housing and REO Outlook: What to Expect and How to Prepare.”A panel of housing market veterans will discuss how they are thinking ahead to, and preparing for, millions of borrowers emerging from forbearance in 2021.According to Covius, attendees will learn what macro-economic factors will influence the 2021 housing market and appreciating or depreciating MSAs; how to consider modeling for borrower in-flows and necessary operational capacity; and three best practices to test now for 2021 REO inventory.The webinar features the following experts:Allan Weiss, founder of Case-Shiller Weiss and of Weiss Analytics, will share macro-economic factors likely to influence the 2021 housing market and how servicers and investors can evaluate properties for underlying appreciating or depreciating indicators.Sean Ryan, founder and CEO of Aspen Grove Solutions, is a twenty-year veteran in the default servicing space and is responsible for innovation of Aspen’s platforms for default servicing, property management and borrower engagement. Aspen’s April, July and September white papers on modeling default projections and measures that servicers might take to prepare were widely recognized for their cogency. Sean will discuss these models and his thoughts in this webinar.Joe Chappell, EVP at Covius, will take an operator’s view of designing processes and modeling capacity to assist borrowers exiting forbearance, using leading borrower indicators as well as external data, including MBA data, and models like Aspen Grove’s.Pete Pannes, Chief Business Officer of Covius, will speak to best practices servicers can execute today to optimize REO execution for 2021, including asset management and auction through platforms like RealtyBid.com. While REO inventory has been at historic lows, now is the time to test the readiness of your teams, tactics and strategies.The webinar is complimentary, but attendees must register here.Here’s what else is happening in The Week Ahead: Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago 2020-10-02 Christina Hughes Babb Subscribelast_img read more

International activity

first_imgIn its latest bakery report, research company Mintel found that sales in the US cookie and biscuit market grew 14% during 2002-07. The market was worth $5.9bn in 2007.Mintel found that 97% of individuals ate cookies in the US, with 79% penetration into households. Three in ten people said they ate cookies several times per week.In the US, from 2004-06, sales of in-store bakery items grew by 5.5%, with cookies registering 8.5% growth, according to the research from Mintel.Nearly half of respondents who ate cookies had bought fresh-baked cookies in the past month from in-store bakeries.Sales of ’better-for-you’ cookies had grown steadily from 2002-07, gaining 20% at current value.This was one of the category’s biggest success stories and included the 100-calorie pack, following healthy and low-carb eating trends. Mintel predicts that portion control will be an important trend in 2008.Nearly half of respondents eating more cookies this year point to “a greater variety of healthier cookies to buy” reinforcing healthy indulgence as a market driver.Standard cookies lead the market, representing 57.5% of total sales. However, they are clearly losing ground to more specialised cookies targeting niche consumers, as sales declined by 17% during 2002-07.last_img read more

Bubak goes back-to-back at Lubbock Wrecker Sprint Ntl’s

first_imgThe Hambelton Racing Dash for Cash saw the top-six in combined points from Thursday and Friday’s preliminary events duel for a starting position in the first three rows of the big dance on Saturday night. Jason Martin used the high-side to make a pass on Bubak to win the Dash for Cash, earning him the pole starting position and an extra $300.  Jake Bubak repeated as winner of the Dodge City Raceway Park Lubbock Wrecker Service Sprint Nationals. (Photo by Lonnie Wheatley) Martin and Bubak set the pace for the 30-lap feature event. Martin took advantage of the pole position, snagging the lead ahead of Bubak and Zach Blurton. A caution flew on lap seven and the restart saw Blurton advance to second before snagging the lead from Martin on lap 10.  Bubak remained in contention and snagged the lead from Martin on lap 25. Martin continued to challenge for the lead but time ran out as Bubak won his second consecutive Sprint Car Nationals at DCRP. Bubak slid into second just past halfway but Martin prevailed and claimed the lead back from Blurton. center_img Martin settled for second while Blurton, Taylor Velasquez and Jordan Knight rounded out the topfive.   DODGE CITY, Kansas (Aug. 22) – The Lucas Oil POWRi United Rebel Sprint Series Presented by Mel Hambelton Ford Racing took to the finale of Dodge City Raceway Park’s Lubbock Wrecker Service Sprint Car Nationals on Saturday night. Jake Bubak claimed his second Sprint Car Nationals Championship after prevailing from a three-IMCA RaceSaver Sprint Car battle to lead the final five circuits of the 30-lap feature event and earning $5,170 for the three-day weekend. Feature results – 1. Jake Bubak; 2. Jason Martin; 3. Zach Blurton; 4. Taylor Velasquez; 5. Jordan Knight; 6. Jeremy Huish; 7. Chase Randall; 8. David Luckie; 9. Luke Cranston; 10. Ray Seemann; 11. Blake Scott; 12. J.D. Johnson; 13. Jake Martens; 14. Vance Wofford; 15. Steven Richardson; 16. Tyler Knight; 17. Brett Becker; 18. Ross Essenburg; 19. Larry Neighbors; 20. Ty Williams; 21. Monty Ferriera; 22. Cody Lampe.last_img read more

Young UW defense steps to forefront in intra-squad contest

first_imgIn a spring season filled with press concerning the Badgers’ quarterback competition, the UW defense showed signs of being far more than a one-year wonder. With seven starters gone from last season, including standout defensive linemen Jonathan Welsh, Jason Jefferson, Anttaj Hawthorne and Erasmus James, Bret Bielema’s defense entered the spring searching for an identity with a slate of players lacking the recognizable names of years past.Saturday’s annual spring game served as a showcase for a hungry young Badger defense. Players on both the Cardinal and White squads stood out in the 14-14 tie, displaying the unit’s overall balance. Defensive backs Zach Hampton and Ben Strickland, both playing for the White team coached by secondary coach Ron Lee, intercepted passes on the day.Hampton, currently in a tight competition for the starting free safety job with Roderick Rogers, darted in front of wideout Jarvis Minton late in the first quarter to snag starting quarterback John Stocco’s pass, putting an exclamation point on what has been a standout spring session for the junior.“It felt great,” Hampton said of the play. “Coming in I wanted to get an interception, just to boost my morale a little bit, boost everybody in the DB’s. We had a little celebration for at the end when we got an interception, so that was fun. But, it just capped off a pretty good spring for myself.”Strickland, in his own right, ranked among the game’s leaders in tackles in addition to making his interception, a leaping grab on a Stocco pass near the goal line. After beginning the spring third on the depth chart at right cornerback, the sophomore walk-on has moved up, taking repetitions almost exclusively with the No. 2 defense.“You always want some plays to come back,” Strickland said. “You can’t be right on every play, but it’s a matter of growing up as a corner and a young player on the team, and you look for leadership, and the other corners try to help you out. But, once your time comes, you’ve got to make plays, and I might have made one today, but I have other things that I’ve got to improve on.”All told, the Cardinal and White defenses received contributions from players at nearly every position. Starting sam linebacker Mark Zalewski recorded a sack and chased White squad quarterback Tyler Donovan all over the field throughout the first half. Second-string linebackers Josh Neal and Jammar Crane drew praise from head coach Barry Alvarez with their play.“I thought Josh Neal, again, he had a great spring,” Alvarez said. “But he’s a tough guy and loves to plays. Jammar Crane, those two young linebackers really did some good things. I liked what I saw.”Youngsters similarly stepped up on the defensive line, where a number of inexperienced Badgers are looking to replace last season’s heralded front. Sophomore Kurt Ware recorded a sack, while classmate Brandon Kelly batted down a Stocco pass at the line of scrimmage. Redshirt freshman Jason Chapman also dropped Donovan for a loss, and starting defensive tackles Nick Hayden and Justin Ostrowski provided a solid push on the line.“They got experience last year with those injuries that we had to the defensive line,” Bielema said of his young defensive line. “So, they had some valuable experience in there during that time. And they’re getting coached the same way that all those four guys that are going to get drafted here in a couple weeks got coached and did some special things.”For a defensive unit that entered the spring season as a question mark, Saturday’s performance was a bit of vindication.“If they continue to improve, if they continue to do that during two-a-days and have a good summer, I think we’ll have a chance of being a nice defense,” Alvarez said.last_img read more