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Daily Dose

Headed for a ‘Foreclosure Surge’

A panel of real estate experts forecast what they anticipate for the final months of 2020, including a "substantial increase in foreclosures, short sales, and bank-owned properties." Here's what else they have to say.

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The Week Ahead: The First Presidential Debate

White House

Two presidential candidates will debate issues including the economy, COVID-19, and each candidates' records to date. As one economist puts it, "The outcome of the election could have a profound impact on the housing market."

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FHFA Releases Latest Mortgage Relief Numbers

The Federal Housing Finance Agency (FHFA) Thursday released its Q2 Foreclosure Prevention and Refinance Report. The report shows Fannie Mae and Freddie Mac, since the 2008 start of conservatorship, completed 252,014 foreclosure prevention actions. Overall, that brings the number of ...

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Waters Requests Review of Disparate Impact Rule

Following HUD's announcement of the Department’s final rule on the disparate impact standard under the Fair Housing Act, House Financial Services Committee Chairwoman Maxine Waters (D-California) has called on President Trump and HUD Secretary Dr. Benjamin Carson to reconsider. Suggesting ...

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Court Ruling: When Can Banks Foreclose?

A legal expert examines a recent decision in Florida where a defendant claimed the foreclosing bank didn’t properly prove the right to foreclose. The Court disagreed, and here’s why.

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