The number of REO properties has substantially declined over the last few years, but it remains elevated in some pockets,
Read More »Does Credit Score Matter? Not to a Lot of Baby Boomers
It is a "misperception" that having a healthy credit score loses importance later in life, according to TransUnion.
Read More »Mortgage Delinquencies Experience Atypical January Spike
Since the housing recovery began, the number of mortgage loans rolling from current to delinquent status has declined by an average of 2 percent every January. But not this time.
Read More »Single-Borrower SFR Asset Class Remains Strong
What does the January data show about trends in delinquencies, vacancies, and turnover rate in the single-borrower, single-family rental class?
Read More »Fed Proposal Addresses Key Cause of Financial Distress Between Banks
During the crisis, excessive credit exposures between financial institutions resulted in the spread of financial distress and undermined financial stability. How will the Fed's new proposal solve this problem?
Read More »Delinquent Loans May Still Face Foreclosure After Exceeding Statutes of Limitations
Some of the states that were hit hardest by the foreclosure crisis contain many loans that are past the foreclosure statute of limitations in their respective states—but they are not off the hook.
Read More »The Week Ahead: HUD’s ‘Prosperity Playbook’ Tour Continues
HUD Secretary Julián Castro continues the tour to promote the Department's compilation of online resources aimed at helping community leaders find affordable housing and economic opportunities for residents.
Read More »Declining Non-Foreclosure Solutions Indicate Healthier Housing Market
While the number of completed non-foreclosure solutions is declining, so are foreclosure starts and sales—and that means good news for housing.
Read More »Counsel’s Corner: Borrowers Score a Victory in Wrongful Foreclosure Claim
In the latest edition of Counsel's Corner, Eric Houser of Houser & Allison discusses a recent court decision which a borrower challenged the servicer's right to foreclose based on the assignment of the loan.
Read More »Wage Growth Lags Amid Positives in February Employment Summary
In the February Employment Summary from the BLS, Job gains were solid and the labor force participation rate was up, but the average hourly wage declined. How will the lack of wage growth affect the housing market this spring?
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