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  • Supreme Court to consider Miami's predatory lending suit against Bank of America, Wells Fargo

    The U.S. Supreme Court announced Tuesday that it will hear arguments during its next term on whether the city of Miami can sue Bank of America and Wells Fargo for alleged predatory lending. The city sued the megabanks in 2013, accusing the banks of "disproportionately placing vulnerable, underserved minority borrowers in loans they cannot afford." Click the headline to read more.

Items Tagged with 'CoreLogic'

ARTICLES

CoreLogic: 268,000 homeowners no longer underwater

Underwater homes makeup 8% of housing market
The consistent rise in home equity can thank rising home prices and less distressed sales for its improvement in the first quarter of 2016. If the home-price trend continues, CoreLogic executives show what that would mean for home equity.
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Distressed property sales continue to drop

February REOs lowest since 2007
Distressed sales continue to drop across the U.S. Only nine states did not report a decrease in distressed sales for February, according to CoreLogic. In fact, one state’s distressed sales have decreased 59.8% since the peak in 2009.
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