CFPB doubles down against marketing services agreements

CFPB doubles down against marketing services agreements

Underscores that MSAs could constitute mortgage kickbacks

Did Sen. Corker violate SEC rules, Senate ethics by telling investors to short GSEs?

Made questionable remarks on CNBC regarding stocks he regulates via committee

House passes bipartisan TRID grace period bill 303-121

Next comes Senate, then looming threat of veto from White House
Servicing / The Ticker

Massachusetts foreclosure activity falls 66%

house2 for sale

According to the Boston Globe, foreclosure activity in Massachusetts took a drastic fall in July on a year-over-year basis, showing solid signs the housing market is recovering in the state.

Last month, 407 foreclosures proceedings were initiated in Massachusetts in July, a 66 percent drop from the same month of a year ago, said the Warren Group, a Boston firm that tracks local real estate data and that publishes Banker & Tradesman. 

Meanwhile, the number of Massachusetts foreclosure deeds, the final step in the foreclosure process, dropped to 298 in July, a 54 percent decrease from 648 in July 2012.

Source: Boston Globe
Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus