...the report states that HUD, starting in 2013, began restricting initial withdrawals as well as introducing criteria for underwriting. With these policy changes, property taxes as well as insurance default...

...concerns, the report states that HUD, starting in 2013, began restricting initial withdrawals as well as introducing criteria for underwriting. With these policy changes, property taxes as well as insurance...

...property is located when it walks away from the foreclosure; Prohibiting servicers from walking away from an initiated foreclosure unless the servicer releases the lien on the property and provides...

...list cancelled mortgage debt as income. California has been one of the states hardest hit by the housing crisis. In January 2009, distressed residential property sales in the state peaked...

...HECM borrowers or spouses are delinquent on property taxes or insurance payments. In Mortgagee Letter 2016-01 issued this week, FHA Principal Deputy Assistant Secretary Ed Golding announced that the deadline...

...a trendy urban location for a suburban home if the difference in taxes, utilities and space is significant. It’s easy to be sentimental when it comes to a business that...

...buyers toward renting due to differing home prices and rents, property taxes, and home price appreciation. Honolulu, Hawaii, and San Jose, California, are the only metros where buying a home...

...letter. Mortgagees are permitted by ML 2015-11 to implement loss mitigation options to help borrowers satisfy unpaid property charges or other obligations such as taxes or hazard insurance. “For defaults...

...over that property. If someone inherits a home out of state, they don't have the funds for the property taxes or to rehab the property. It's just a headache and...

...information and experience to warrant additional action." Bullard suggests that regulators consider increasing the transaction value threshold under which a property requires an appraisal by a state-certified or licensed appraiser....