This is why you can't blame Millennials for low homeownership rates

Pending home sales drop for the first time in 2015

May level down 1.8% on low inventory, escalating prices

Bill to kill $3M raises for Fannie, Freddie CEOs gains momentum

Rep. Ed Royce-sponsored bill now has bipartisan support

Items Tagged with 'property preservation'


Prominent Senate Democrats call for investigation into "discriminatory" foreclosure neglect

Warren, Schumer, others cite treatment of foreclosures in minority areas
The complaint cites a 2014 report from the National Fair Housing Alliance that found that bank-owned properties in communities of color were much more likely to have a higher number of maintenance and marketing deficiencies, leading to "destabilizing outcomes for families and neighborhoods."
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Fannie Mae accused of widespread racial discrimination

Housing groups say GSE neglects foreclosures in minority neighborhoods
The National Fair Housing Alliance and 19 local fair housing organizations are accusing Fannie Mae of widespread racial discrimination, claiming that the GSE maintains and markets its foreclosures in white neighborhoods “consistently better” than in middle- and working-class African American and Latino neighborhoods. Fannie Mae says the charges are without merit.
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Are we facing yet another foreclosure crisis?

Property preservation remains vital component to default servicing
Despite numerous reports indicating that there has been a deep decline in foreclosure inventory over the past several months in many markets, the reality, as chronicled in several articles recently penned by this author and others, is that foreclosure rates are very likely to rise again in the not-too-distant future.
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HomeStar Property Solutions officially opens Texas office

Will keep growing operations
"It's an important next step for HomeStar," said Bradley Trapnell, senior vice president of business development for HomeStar, who helped establish the Dallas location. "There are many incentives to having an office in Dallas; being close to mortgage servicing and investor clients, and having access to a tremendous base of industry talent was chief among them."
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From HW Magazine

To the extreme

Field services companies step up to winter challenges
In Washington, D.C., the joke going around among soccer mom circles is that the children will be in school until July in order to make up all the snow days. Funny, yes, but the stark reality is that this winter’s damage is much more tangible than that.
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