Cash sales fell 2.8 percentage points in April 2016 from the previous year and if the cash sales share continues to fall at the same rate, it can be expected that the share will hit 25 percent by mid-2018.
Read More »Judge Orders Deutsche to Face Subprime Mortgage Suit
U.S. District Judge Deborah Batts rejected Deutsche Bank AG (DBKGn.DE)’s bid to dismiss claims with respect to roughly $2.55 billion of securities sold in November 2007 and February 2008.
Read More »Land Records Research Webinar Offered By Nationwide Title Clearing
Nationwide Title Clearing is conducting a free webinar to highlight how to produce correct and comprehensive land records research.
Read More »Homeownership Re-enters Political Discussions
The two major party presidential candidates have not said much about housing but lawmakers and industry stakeholders are bringing the issue back to the forefront.
Read More »First-Time Foreclosure Starts Lunge to Lowest Levels
Despite June’s increase, first-time foreclosure starts in Q2 of 2016 were at their lowest level in over 16 years and the monthly prepay rate rose on historically low rates.
Read More »Summer Heats Up Single-Family Markets
As summer continues to heat up so do the nation’s top single-family housing markets, each demonstrating consistently strong demand, home price appreciation, and economic and demographic growth.
Read More »Boomerang Buyers Bounce Back
After seven years passing for the black mark of foreclosure to be removed from consumer credit reports after the foreclosure peak in 2010, 1.9 million homeowners will have met the required time after which the Fair Credit Reporting Act requires derogatory information to be removed.
Read More »Four Ways to Improve the Housing Market
Chief Economist for Redfin, Nela Richardson, believes that there are four things the presidential candidates need to keep in mind to “make the housing market great again”.
Read More »Government Passes the Baton to Servicers
The U.S. Department of the Treasury, HUD, and FHFA released a white paper designed to guide future loss mitigation and reflect on the lessons learned from the implementation of these housing recovery programs.
Read More »New York AG Fights Against Zombie Foreclosures
Vacant and abandoned properties are a growing problem nationwide. In New York, one of the states hit hardest by the foreclosure crisis, the Attorney General wants to do something about it.
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