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Foreclosure

Price Appreciation—Good for Driving Down Defaults

Home price appreciation has been steady every year since prices bottomed out in 2012. While some analysts may point out that this has hurt affordability, since wage growth has largely not kept up, at least one pointed out a positive result of rising prices.

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Regulator Releases HSBC from Consent Order

Improvements made by HSBC to its servicing operations over the last few years have led the Office of the Comptroller of the Currency to terminate the consent order against the bank originally issued in 2011.

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