Are REOs ready for a comeback?

Are REOs ready for a comeback?

Clear Capital: Increases in distressed, seasonal changes suggest yes

Mortgage application defects keep rising

Michigan, Florida, Texas lead First American application defect index

Monday Morning Cup of Coffee: When will mortgage lending pick up?

Plus, more on the future of Fannie and Freddie
W S

Items Tagged with 'Foreclosure'

ARTICLES

Seattle’s ‘Up’ house is getting its own movie

Edith Macefield fought encroaching development, story now Hollywood-bound
The tale of the small Seattle-area home that rose to fame after the owner famously turned down $1 million for her home even as a shopping mall was being built around her and was once used to promote the Disney film “Up,” because of its similarities to the movie, is now headed to Hollywood itself.
Read More

New York comptroller: State’s foreclosure crisis far from over

New report shows increasing foreclosures outside NYC
Despite efforts to combat the glut of foreclosures that have choked New York’s court system and blighted many of the state’s neighborhoods, a new report from the New York comptroller shows that the state’s foreclosure crisis is nowhere close to being resolved – and in many cities, it’s actually getting worse.
Read More

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."
Read More

Sen. Marco Rubio faced foreclosure; sold house for $18,000 loss

New York Times takes a deep dive into presidential candidate’s finances
Florida Sen. Marco Rubio faced foreclosure on a home he owned in Tallahassee after failing to make his mortgage payment for five months, according to a new report from the New York Times, which did a deep dive into the presidential candidate’s finances.
Read More