The highest foreclosure rate of any state once again belonged to Florida in November after being displaced by Maryland in October, according to RealtyTrac's U.S. Foreclosure Market Report for November 2014 released Thursday.
Read More »Foreclosure Filings Decline in November Despite Increase in Starts
The number of residential foreclosure filings in the U.S. declined by 9 percent from October to November despite a yearly spike in the number of foreclosure starts (scheduled auctions), according to RealtyTrac's U.S. Foreclosure Market Report for November 2014 released Thursday.
Read More »Amended Ohio Foreclosure Expedition Bill Dies in Senate Finance Committee
An amended Ohio House bill that was originally intended to reduce the lengthy residential foreclosure process and eliminate blight in Ohio neighborhoods died in the Ohio Senate Finance Committee Tuesday night, sources close to the situation told DS News.
Read More »Massachusetts AG Urges FHFA to Make More Changes to Buyback Policy
The Federal Housing Finance Agency (FHFA) recently changed its policy regarding buyback of REO properties through Fannie Mae and Freddie Mac, but Massachusetts Attorney General Martha Coakley thinks the agency could do more.
Read More »Mortgage Delinquency Rate Predicted to Fall to Pre-Recession Level by End of 2015
The nation's mortgage loan delinquency rate is expected to fall down to 2.51 percent by the end of 2015, its lowest level since prior to the housing bust, according to data released by TransUnion on Wednesday.
Read More »Ohio Senate Amends Proposed Foreclosure Expedition Bill
An Ohio House bill that would have expedited the residential foreclosure and transfer process and taken steps toward eliminating blight and vandalism in foreclosed, vacated properties has been amended and was introduced in the Ohio State Senate Finance Committee Tuesday, a source close to one of the bill's sponsors told DS News.
Read More »Fannie Mae, Freddie Mac Announce Moratorium On Evictions for Foreclosed Properties
Fannie Mae and Freddie Mac announced on Tuesday a moratorium on evictions for single-family foreclosed homes for the holiday season.
Read More »Job Openings, Hires, Turnover Change Little from September to October
The U.S. Bureau of Labor Statistics (BLS) reported 4.8 million job openings in the U.S. as of the last day of October 2014, up slightly from the 4.7 million reported at the end of September, but overall things changed little month-over-month, according to the October 2014 Job Openings and Labor Turnover Summary released Tuesday.
Read More »Green River Capital Announces Employee Appointments
Green River Capital (GRC), a Utah-based REO asset management and loss mitigation provider for mortgage servicers, investment firms, and banks, has announced the promotion of two employees to senior vice president positions as well as the hiring of one VP from outside the company.
Read More »Home Sales Increase in Rhode Island for October
Sales of single-family homes in Rhode Island increased by 3.2 percent in October from the previous year, the fifth time in 2014 single-family home sales have increased year-over-year in the state, according to a report released Monday by the Warren Group.
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