Undisclosed real estate fraud, when an applicant intentionally fails to disclose additional real estate debt or past foreclosures, decreased in Q2, but according to CoreLogic, this fraud type is still one of the msot common forms of real estate fraud.
Read More »Promotion of Innovation, Compliance Addressed in New CFPB Policies
The Consumer Financial Protection Bureau on Tuesday issued three new policies to promote innovation and compliance. The CFPB issued the No-Action Letter (NAL) Policy; Trial Disclosure Program (TDP) Policy; and the Compliance Assistance Sandbox (CAS) Policy. According to the CFPB, ...
Read More »Financial Services Bills Address Rural Housing and Appraisals
The U.S. House of Representatives passed five bills offered by House Financial Services Committee Members on Tuesday, three of which are directly housing related.
Read More »Hurricane Season Hitting its Peak
Hurricane Dorian is long gone, but forecasters are watching disturbances in the Atlantic that could turn into hurricanes in the days to come.
Read More »Economists: More Rate Cuts on the Way
The Fed has stated that future rate cuts are unlikely, but according to a new survey, economists are predicting a different story.
Read More »FHA Loans to be Focus of Next Webinar
Industry leaders from Equator, BSI Financial, and LoanCare will discuss the workings of FHA loans during DS News’ latest webinar, “A Step Ahead: Advances in FHA Modeling,” set for 1 p.m. CDT on Thursday, September 12. According to Altisoure’s “State ...
Read More »Identifying Delinquency Hotspots
In a new report, CoreLogic examines "hotspots" where delinquency and foreclosure rates jumped despite not being tied to any recent natural disasters.
Read More »Spotlight on Housing Reform
The Senate Committee on Banking, Housing, and Urban Affairs held a hearing to discuss the next steps in housing reform, with a focus on reforming Fannie Mae and Freddie Mac.
Read More »Foreclosures Driving These Cities to a Crash
Overall, the U.S. housing market has been strong, but in a few communities across the country, signs of weakness have begun to show. Find out which communities may be at risk for a crash.
Read More »Homeowners are Neglecting Flood Insurance
Many homeowners may be facing financial difficulties in Dorian’s aftermath due to a lack of insurance, as many have dropped their insurance in the past several years.
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