FHFA announces 2016 conforming loan limits

FHFA announces 2016 conforming loan limits

Much of U.S. left unchanged; limits increase in 39 ‘high-cost’ counties

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Launches Rocket Mortgage

Google launches mortgage comparison tool with Zillow

LendingTree will also bring mortgages to Google
Servicing / The Ticker

Injunction preventing hundreds of RI foreclosures is lifted

825 foreclosure cases to move forward

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A Rhode Island federal judge lifted a blanket injunction, which initially blocked foreclosures in 825 different cases. But the First Circuit said the judge lacked the authority to do so, making it necessary for him to retreat from his earlier decision. Law360 explains:

“The court takes this action reluctantly because it continues to believe that, consistent with the law and proper procedure, it is in all parties' and the court's best interest to have the parties talk to each other in a meaningful way … without the threat and/or negative consequences of having plaintiffs' homes taken away from them due to foreclosure or eviction,” the order said.

Source: Law360
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