INDUSTRYILLUSTRATED
DS News tracks the most relevant industry occurrences and trend-deļ¬ning data to keep you in the know. This month as we
close the books on what has been a market-altering year, we highlight some of the most-talked about industry developments
and the closest-watched indicators of 2012.
A Look Back at the Main Events of 2012
NON-CURRENT FIRST LIEN MORTGAGESServices))
AT START OF 2012 = 6,199,100
(source: Lender Processing
HOUSING INVENTORY AT CLOSE OF 2011 = 1.89M SINGLE-FAMILY HOMES ON THE MARKET
(source: Realtor.com)
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2
3
4
6
7
8
10
11
January 27, 2012
February 9, 2012
OBAMA
FORMS RMBS
INVESTIGATION
UNIT
5
May 14, 2012
9
$25B NATIONAL
MORTGAGE
SETTLEMENT
ANNOUNCED
June 15, 2012
ALLY FINANCIAL'S
RESCAP FILES
BANKRUPTCY
September 12, 2012
March 17, 2012
FED'S QE3 REVIVES
PROGRAM TO BUY
UP GSES' MBS
HARP 2.0 GOES
LIVE
July 31, 2012
BARCLAYS
ADMITS
MISCONDUCT IN
LIBOR SCANDAL
October 2, 2012
April 12, 2012
HOMEOWNERSHIP
RATE FALLS TO
15-YEAR LOW
SHADOW
INVENTORY
SHRINKS TO 2.3M
PROPERTIES
November 5, 2012
SERVICERS
IMPLEMENT
SETTLEMENT'S 320
STANDARDS
JUDGE RULES
FHFA'S FRAUD
SUIT AGAINST
SERVICERS CAN
CONTINUE
August 31, 2012
EXISTING-HOME
SALES HIT
27-MONTH HIGH
12
December 31, 2012
MORTGAGE
FORGIVENESS DEBT
RELIEF ACT TO
EXPIRE
NON-CURRENT FIRST LIEN MORTGAGES AS OF SEPTEMBER 2012* = 5,641,601
(source: Lender Processing Services)
HOUSING INVENTORY AS OF SEPTEMBER 2012* = 1.80M SINGLE-FAMILY HOMES ON THE MARKET
(source: Realtor.com)
*Most recent data available
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