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Author Archives: Staff Writer

HouseCanary Announces Collaboration With Google

This joint effort between HouseCanary and Google will provide industry professionals with trends, insights, and indices in nearly every MSA, zip code, and block in the country today and three years into the future. HouseCanary’s proprietary datasets are exclusively available on www.housecanary.com and now available through Google.

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Financial Regulation in the Trump Era

With a new administration at the helm, everyone expects plenty of change to happen, particularly in financial regulation and the lending industry. Regulatory entities are already a high-priority focus for President Trump, most notably the Consumer Financial Protection Bureau.

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BofA Fulfills Settlement Ahead of Schedule

The implementation of the settlement was successful in directing most of the consumer relief to those who needed it the most. The majority of consumer relief came in the form of mortgage loan modifications, 53 percent of which were in areas identified by the U.S. Department of Housing and Urban Development as part of Distressed Census Tracts, or Hardest Hit Areas. The settlement agreement also provided for resources to be directed to local organizations and legal assistance programs to help stabilize neighborhoods and provide foreclosure-prevention assistance and other housing-counseling activities.

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More Consumers Seek Loan Modifications

Consumers sought more non-foreclosure solutions, such as loan modifications, short sales, deed in lieu, and workout plans, for January 2017. These approximated 102,000, compared to 26,000 foreclosure sales.

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Why Did the Department of justice Turn on CFPB?

The Department of Justice defended the president’s power to remove executive branch agency heads at will, though not all groups agree with the decision.

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Places Where Jobs and Affordable Housing Intersect

It’s sometimes difficult to have any disposable income left over from a paycheck. A recent joint study conducted by Zillow and LinkedIn has found several cities where jobs and affordable housing are plentiful.

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