Henderson, Nevada-based real estate technology company RIO Genesis Software Solutions, Inc. has announced the hiring of industry veteran Jaysen Greenleaf as VP of business development.
Read More »Foreclosure Protection Bill for Servicemembers Passes in Both House, Senate
The U.S. Senate and the House of Representatives have both unanimously voted to pass a bill that give military servicemembers who have recently returned from duty added protection from foreclosure, according to an announcement from Senator Sheldon Whitehouse (D-Rhode Island), who introduced the bill in May.
Read More »Florida Man Sentenced to Federal Prison Time for Fraud
A Florida man has been sentenced to 37 months in federal prison for a fraud scheme perpetrated against businesses and individuals seeking lines of credit, according to an announcement from Christy Romero, the Special Inspector General for the Troubled Asset Relief Program (SIGTARP).
Read More »Foreclosure Prevention Counseling Program Has Helped 1.8 Million Homeowners
Washington, D.C.-based NeighborWorks America, one of the nation's largest community development corporations, announced that more than 1.8 million homeowners have received foreclosure prevention counseling through the association's National Foreclosure Mitigation Counseling Program (NFMC).
Read More »Purchasing Real Estate Online Becoming a More Prominent Reality for Homebuyers
According to comScore, online sales so far this holiday season (November 1 - present) have risen over 16% against last year’s figures from the same time. Housing prices are also accelerating month-over-month and are predicted to reach pre-recession prices by ...
Read More »Lawmaker Criticizes FHFA’s Decision to Allocate GSE Money to Housing Groups
U.S. Representative Ed Royce (R-California), a senior member of the House Financial Services Committee, has issued a statement calling the Federal Housing Finance Agency (FHFA)'s announcement that the Agency will divert GSE money to the Housing Trust Fund and Capital Magnet Fund "outrageous."
Read More »Fannie Mae Announces Risk Transfer Deal to Increase Role of Private Capital in Mortgage Market
Fannie Mae has expanded its risk sharing offerings with Wednesday's announcement of the credit insurance risk transfer (CIRT) deal, which transfers the credit risk on a pool of loans from the taxpayers to a panel of domestic reinsurers.
Read More »Treasury Recovers Another $22 Million in TARP Investments
The U.S. Department of Treasury announced that is recovered $22 million for taxpayers through the sale of First BanCorp common stock earlier this week, and that it planned to sell additional stock in the San Juan, Puerto Rico-based bank.
Read More »Foreclosure Filings Decline in November Despite Increase in Starts
The number of residential foreclosure filings in the U.S. declined by 9 percent from October to November despite a yearly spike in the number of foreclosure starts (scheduled auctions), according to RealtyTrac's U.S. Foreclosure Market Report for November 2014 released Thursday.
Read More »Amended Ohio Foreclosure Expedition Bill Dies in Senate Finance Committee
An amended Ohio House bill that was originally intended to reduce the lengthy residential foreclosure process and eliminate blight in Ohio neighborhoods died in the Ohio Senate Finance Committee Tuesday night, sources close to the situation told DS News.
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