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Search Results for: foreclosure wave

A Third Wave of Post-Recession Distress?

...completes the foreclosure process—either through sale to a third-party buyer at the foreclosure auction or by reverting back to the foreclosing lender at the foreclosure auction. Of the inflow that...

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Hispanic Influence on the Housing Market

...today if it weren’t for a tidal wave of Latino home buyers,” Gary Acosta, NAHREP’s co-founder and Chief Executive told WSJ. Despite the increases in homeownership, Hispanic homeowners are still...

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Parts of a Whole in Default Servicing

...handling properties post-foreclosure has changed as well. “The same applies to post-foreclosure REO or even working with investors for buying or selling notes and managing real property,” Harris said. “Back...

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FHFA: 30 Years of Protecting Homeowners

...low-credit-score borrowers, the paper indicated. According to FHFA, there is still no comprehensive account of the changes in mortgage risk that produced the worst foreclosure wave since the Great Depression....

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Interpreting RESPA’s Regulation X

...of Financial Protection on January 10, 2014, and was designed to protect consumers when they apply for and have mortgage loans. Its enactment set off a wave of apprehension for...

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The Skies Ahead

...and tax-break stays for homesellers. “The changes to federal tax law haven’t resulted in a middle-class wave of homebuying activity,” said Rick Sharga, EVP, Carrington. Mortgage Holdings, LLC. “Anecdotally, it...

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A New Tactic to Fight Zombie Homes

empty for sale sign

...Washington law is just the latest in a wave of recent legislation and regulation designed to combat zombie properties. Communities such as Oyster Bay, New York, have banned the use...

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