Daily Dose

About 87 percent of the 133 million total residential housing units in the U.S. in 2013 were reported to be occupied, according to the findings of the 2013 American Housing Survey (AHS) released earlier this week by the U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau.

Looking at compliance challenges, 72 percent of banker respondents listed "maintaining compliance with changing regulations" as one of their top concerns, up from 67 percent at the start of last year, while 69 percent said just keeping track of regulations is a major issue at this point.

Wayne County, Michigan, is launching an aggressive campaign to begin foreclosure proceedings on 75,000 residential properties whose owners are three years or more behind on paying property taxes.

The Goldman Sachs Group, Inc. reported a third quarter net revenue of $8.39 billion and net earnings of $2.24 billion, according to the company's Q3 earnings statement released on Thursday. The net earnings total is a 50 percent jump from Q3 2013, when, the investment bank reported net earnings of $1.43 billion.

About 40,000 homeowners nationwide received permanent mortgage loan modifications from servicers in August, which includes loans completed through proprietary programs and under the government's Home Affordable Modification Program (HAMP), according to data released by the HOPE NOW Alliance on Thursday.

Many private student loan borrowers are being driven into default due to a lack of information and affordable loan modification options, according to a report released Thursday by the Consumer Financial Protection Bureau (CFPB) Student Loan Ombudsman.

Foreclosure filings, which include default notices, scheduled auctions, and bank repossessions, inched upward nationwide in Q3 despite dropping to their lowest level in eight years, according to RealtyTrac's Q3 2014 U.S. Foreclosure Market Report released on Thursday.

Community financial institutions are putting more of their resources toward compliance, according to the 2014 Third Quarter Banking Compliance Index (BCI), released on Tuesday by Connecticut-based compliance management systems provider Continuity Control.

Modest to moderate economic growth was reported in 11 of the 12 Federal Reserve Districts in the October 2014 Current Economic Conditions Beige Book released on Wednesday.

Several mortgage lenders have asked the Nevada Supreme Court to reverse a decision it made in September that a homeowners association's (HOA) super priority lien can extinguish a first deed of trust nonjudicially on a residential property.