The sweeping of Fannie Mae and Freddie Mac profits into Treasury has prompted several lawsuits from investors. But the lawsuits filed by shareholder Tim Pagliara are the first of their kind.
Read More »The Future Looks Bright for Flipping
Major gains could be in store for home flippers in 2016 in states where REO activity is elevated due to the drawn-out judicial foreclosure process.
Read More »OCC Spells Regulatory Relief for Banks
Banks and federal savings associations are about to receive some regulatory relief following a review of the Economic Growth and Regulatory Paperwork Reduction Act by federal agencies that happens only once every 10 years.
Read More »Ten-X Launches End-to-End Online Transaction Platform
Online real estate marketplace, Ten-X (formerly Auction.com), recently announced its new transaction platform created especially for buying and selling move-in ready homes.
Read More »15 Neighborhoods Investors Should Know About
Trulia gave investors a leg up on where to look for properties with its latest Live Well maps, which highlight America’s best neighborhoods for those looking to stay active and healthy. The index measures such aspects as the percentage of quiet streets and recreational amenities.
Read More »The Week Ahead: CFPB Director Cordray to Face Grilling from Congress
On Wednesday, March 16, Consumer Financial Protection Bureau Director Richard Cordray will testify before the House Financial Services Committee about the effects of the Bureau's activities on consumers.
Read More »GSEs’ Expenses Are Way Up; Where Did the Money Go?
Fannie Mae and Freddie Mac returned to profitability in 2012. Since then, their net expenses have increased by more than $1 billion combined.
Read More »Millennial Homebuyers are Fleeing to the ‘Burbs
Despite popular beliefs, the millennial generation will eventually want to transition from their fast-paced, renter lifestyle into a single-family home with a mortgage, but the real surprise is where these young homebuyers are choosing to settle down.
Read More »Ohio Supreme Court Closes Door on Mortgage Avoidance Actions
On February 16, 2016, the Ohio Supreme Court closed the door on mortgage avoidance actions based on a defect in execution where the mortgage has been recorded.
Read More »Fed Governor’s Donation to Clinton Campaign Sparks Controversy
The donations made by Federal Reserve Governor Lael Brainard were within federal regulations, but they still drew criticism nonetheless due to their timing.
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