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Home | Tag Archives: Foreclosure

Tag Archives: Foreclosure

Economist: Declining Shadow Inventory Will Not Help Country’s Short Housing Supply


*+-The thin shadow inventory compared with rising home values has caused the share of distressed home sales to drop to single digits. Since there will be fewer properties sold at deep discounts, this will cause home prices to strengthen, Yun said. "It also means that those practitioners who specialize in foreclosures or short-sales need to start thinking about a change in business models to normal home buyers and normal positive-equity home sellers," Yun wrote on the blog.

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Massachusetts Court Rules in Favor of MERS


*+-The Appeals Court of Massachusetts became the latest court to uphold the validity of the assignment of a mortgage by Mortgage Electronic Registration System (MERS) on Friday, according to an announcement from MERSCORP Holdings, parent company of MERS.

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