Amid a household debt increase of $35 billion in Q2 and the mortgage sector’s share of that debt declined from a huge spike in Q1, recently released data for Puerto Rico’s banking sector completes the picture of household debt for the Commonwealth.
Read More »Sperling Talks Housing’s Role in a Clinton Administration
Gene Sperling, a top economic advisor to Democratic presidential candidate Hillary Clinton, recently said that housing will play an important role in a Clinton administration
Read More »Is the Fixing and Flipping Market Cooling?
Experts discuss the fixing and flipping market and the direction the market may turn when low inventory pressures home prices.
Read More »ALAW Expands Practice to North Carolina
ALAW recently announced that Michael Spicer has joined the firm as Managing Attorney of Default Operations for the firm’s North Carolina operation.
Read More »HUD Offers Immediate Foreclosure Relief to Flood Victims
Julián Castro recently announced that HUD will quickly provide federal disaster assistance to Louisiana as well as provide support to homeowners and low-income renters forced from their homes due to severe storms and flooding.
Read More »FOMC Minutes Discuss Brexit and Jobs Report
The Federal Open Market Committee released their July 26-27, 2016 minutes noting the changes seen in financial markets and open market operations as well as reviewing the economic state, financial state, and economic outlook.
Read More »Industry Experts Talk Emerging Mortgage Servicing Issues
The Urban Institute hosts housing market experts to discuss recent and emerging issues found in the mortgage servicing industry.
Read More »Fannie Mae Updates Foreclosure & Modification Servicing Guides
Fannie Mae recently release the latest Servicing Guide with updates including allowable foreclosure attorney fees for New York, suspending foreclosure proceedings for a streamlined modification offer, and servicing government mortgage loans.
Read More »Permanent Loan Modifications Rise Higher in Q2
HOPE NOW recently released its Q2 2016 data, and it reported over 100,000 permanent modifications completed during the past quarter.
Read More »The Alternate Housing Market Universe
What would the housing market and national median home value look like if the housing bubble and subsequent crisis hadn't occurred?
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