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  • Ocwen19.04-2.44 -11.36%
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  • Trulia43.83-2.29 -4.97%
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  • underwater-five

    LOSS MITIGATION

    Seriously Underwater Mortgage Rate Sinks to Lowest Level in Two Years

    Author: Brian Honea

    The number of U.S. homeowners who were seriously underwater in the third quarter declined 11 percent from the previous quarter, hitting its lowest level in more than two years, according to RealtyTrac's...

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  • rising-arrows-two

    MARKET STUDIES

    Consumer Credit, Mortgage Default Rates Slightly Increase

    Author: Brian Honea

    The rate of consumer credit default in the U.S. inched slightly upward in September, and the mortgage default rate also marginally increased, according to the September 2014 S&P/Experian Consumer Credit...

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  • reaching-for-money

    GOVERNMENT

    CFPB Finalizes Minor Changes to Rules to Expand Credit Access

    Author: Brian Honea

    The Consumer Financial Protection Bureau (CFPB) finalized minor changes to its mortgage rules designed to ensure expanded credit access, which has been a hot topic in recent weeks.

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  • mod-app-approved

    LOSS MITIGATION

    HARP Volume Drops Despite Increase In Refinances

    Author: Tory Barringer

    Declines in mortgage interest rates helped spur a pickup in refinances in August, even as interest in the Home Affordable Refinance Program (HARP) continues to wane.

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  • Foreclosure, REO, News, Webcast

HEADLINES

COMMENTARY

  • debt

    Treasury Deputy Secretary Says Student Loan Debt Not ‘Inherently Bad’

    Speaking at the 56th annual meeting of the National Association for Business Economics (NABE) on Monday, U.S. Department of Treasury Deputy Secretary Sarah Bloom Raskin said she does not see the nation's growing problem of student loan debt leading to an economic meltdown – and student loan debt may not be affecting a borrower's ability to buy a home,...

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  • Illinois Legislative Update: Senate Bill 2664

    The first bill, Senate Bill 2664, sponsored in the Senate by Sen. John Mulroe (D-Chicago) and Rep. Sam Yingling (D-Hainesville), is designed to prevent abuses by condominium associations by limiting the fees that can be applied to the buyer of a foreclosed property and to facilitate the sale of the property to the new buyer.

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