Less than half of the states have judicial foreclosure laws, yet more core-based statistical areas from these states among near the top 10 and top 25 lists for most foreclosures than CSBAs in non-judicial states.
Read More »Government on the Hook for Larger Pool of Loans
The news for the housing industry has not been positive in the last few days from the reports of low inventory, rising prices, stagnant wage growth, and disappointing new home sales. Default risk on Agency mortgage loans is increasing as well.
Read More »Metro-West Appraisal Expands Offerings to Include CRE Valuations
Metro-West Appraisal Co., the nation’s largest independent residential real estate appraisal company, has expanded its offerings to include commercial real estate valuation services for all real estate property types, including industrial, office, multi-family, retail, and more.
Read More »Kluever & Platt Attorneys Recognized as Rising Stars in Super Lawyers Magazine
Two attorneys from Chicago-based default services firm Kluever & Platt, LLC, were recently recognized in Super Lawyers Magazine’s 2016 list of Rising Stars for Illinois.
Read More »Collection Records Show Many Who are Evicted are Repeat Offenders
An analysis revealed that rental-related collection records and prior evictions can be highly predictive of renters' future behavior.
Read More »CFPB Dispels Myths Surrounding New Servicing Rules and QM Rule
In an address at the National Credit Union Association on Tuesday, CFPB Director Richard Cordray answered criticisms surrounding the Bureau's regulatory changes in the mortgage industry.
Read More »Fed: Banks Beginning to Ease Lending Standards
Banks have come under fire for their tight lending standards adopted in the wake of the crisis, but the Fed reported that some banks are beginning to lighten up.
Read More »Note to Single-Family Rental Investors: Check These Markets
Investors who are looking to expand their footprint in the SFR space may want to look in one of the markets that has the highest cap rate. Where are those markets located?
Read More »The Mortgage Collective Expands Offerings to Include Solutions Group
As new challenges arise, additional companies will have the opportunity to join the Solutions Group and participate in helping create the next generation of customized industry services.
Read More »First-Time Homebuyers Have a Tough Road Ahead
First-time homebuyers have more problems to face than just dwindling supply and higher demand: Income requirements for mortgage lending are also on the rise.
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