Fannie Mae and Freddie Mac took action to prevent more than 63,000 foreclosures in the third quarter of the year, raising the total number of foreclosure prevention actions to more...
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Slow Home Sales in the Golden State
California home sales recorded the slowest growth in seven years with a decline in deals below $50,000, according to a CoreLogic report. The sales in the Golden State dropped on...
Read More »A ‘Meaningful’ Change
Taking a respite from its stubborn downward trajectory for the past few years, housing inventory increased in October. However, the reversal was not enough to bring home prices down a...
Read More »A Slow Decline: First Look at June Foreclosures
Black Knight, Inc., a provider of integrated software, data and analytics solutions that facilitate and automate many of the business processes across the homeownership lifecycle, released their First Look for...
Read More »Has Streamlining Benefited Loan Mods?
Back in 2013, Fannie Mae launched a streamlined, no-documentation loan modification program to help more beleaguered borrowers dodge foreclosure and remain in their homes. Contrary to expectation, the innovative program...
Read More »500 Days in the Housing Industry
The Trump administration recently celebrated 500 days in office. How has the landscape of the housing industry changed during that time? In this piece, DS News will walk you through...
Read More »Industry Sounds Off on Dodd-Frank Reform Bill
The House of Representatives on Tuesday voted in favor of S. 2155, the Economic Growth, Regulatory Relief and Consumer Protection Act. The bill seeks to evolve and streamline regulations put...
Read More »How Did Refis Impact the 2008 Financial Crisis?
While there is still debate about the various factors that contributed to the 2008 financial crisis and the collapse of the housing market, a new paper by the Urban Institute...
Read More »Distributing Insurance Funds After a Natural Disaster
...believes that it has the authority to apply the funds, the question turns to when the loss or damage is incurred. In White v. Ocwen Loan Servicing, LLC, 159 So....
Read More »The Single Refiling Rule Reconsidered
Most mortgage servicers and foreclosure practitioners are familiar with Illinois’ single refiling rule, which has been interpreted as permitting only one refiling of a claim, even if the statute of...
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