The U.S. Federal Reserve Board recently issued a final rule to implement section 622 of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010.
Read More »Institutional Investors, All-Cash Buyers Enjoy Larger Average Discounts
All-cash buyers and institutional investors were able to purchase residential homes at a larger discount rate from the average market value at the time of purchase than the average rate for all U.S. homebuyers in the third quarter, according to RealtyTrac's U.S. Institutional Investors & Cash Sales Report for Q3 2014.
Read More »Las Vegas Suburb Launches Foreclosure Registry
City officials in the Las Vegas suburb of Henderson, Nevada, have announced the launch of a foreclosure registry in order to help monitor the number of abandoned residential properties in the area from falling into disrepair or becoming blighted.
Read More »Detroit Attorney Named One of DBusiness Magazine’s ’30 in Their Thirties’
Detroit-based attorney Neil Sherman has been named one of DBusiness Magazine's 30 in Their Thirties for 2014. Sherman, 38, is the VP and managing attorney for default services firm Schneiderman & Sherman, a position he has held since 2008. Sherman also serves as president of Best Homes Title Agency, a company he created with his law partner, Peter Schneiderman, in 2008 to service the real estate and mortgage banking needs of its legal clients.
Read More »Republicans Expected to Use New Majority Power to Push for CFPB Reform
The U.S. Midterm Elections have been over for less than a week, and already Democrats are circling the wagons to protect what will certainly be a top priority on the Republicans' list of changes to make – the Consumer Financial Protection Bureau (CFPB).
Read More »Detroit ‘Blight Bundle’ Buyer Withdraws Offer
Earlier this week, real estate developer Herb Strather withdrew his winning bid of slightly more than $3.1 million for a bundle of more than 6,000 blighted properties in Detroit, Wayne County officials announced.
Read More »October Job Gains Pushing Housing Toward Recovery
The labor market is helping to boost housing recovery despite a weak virtuous cycle between the jobs and housing recently, according to research released by Trulia earlier this week.
Read More »Hunoval Firm Accepted for Membership in USFN
The Hunoval Law Firm, PLLC, a default and settlement services firm that serves North Carolina, South Carolina, and Virginia, recently announced it has been accepted for membership in USFN - America's Mortgage Banking Attorneys.
Read More »Finkel Firm Hires New Default Services Attorney
South Carolina-based law firm The Finkel Firm LLC, which practices in real estate, default services, bankruptcy, and many other areas, has announced the hiring of Samuel C. Waters as Of Counsel.
Read More »Progress Made on Ending Veteran Homelessness, More to be Done
Homelessness in the United States is a tragic national epidemic. More tragic still is the fact that tens of thousands military veterans, who fought bravely to ensure that the freedoms that the American people enjoy are never taken away, go to sleep every night without a roof over their heads. Five Star President and CEO Ed Delgado was a part of the invitation-only crowd Wednesday night in Washington, D.C. at the National Alliance to End Homelessness Annual Awards Ceremony. This year’s event, Communities to Watch: Ending Veteran Homelessness, recognized communities that have decreased veteran homelessness by 50 percent or more in the past three years.
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