All posts tagged foreclosure

mortgagerules

Mortgage reform targets foreclosure abuse, mortgage servicing failures

Foreclosure abuse prevention and mortgage servicing failures are the targets of a major set of new provisions in the Consumer Financial Protection Bureau’s overhaul of mortgage regulations.

Continue Reading...
pricevssupply

Is the residential real estate inventory shortgage real?

For the past few months there has been a steady stream of reports that the real estate marketplace somehow has an inventory shortage. This simply isn't possible when at

moveup

First-timers, existing homeowners driving the housing recovery

Forget the golden goose investor-element that's helping fuel the housing recovery. Potential buyers? Your fence sitting days are numbered. Many investors are largely bottom feeders (buy low, rent and or

homeschool

$70.1 million in counseling funds to help 193,000 families

NEIGHBORWORKS AMERICA - NeighborWorks America (NWA) today announced that $70.1 million has been awarded to 30 state housing finance agencies (HFAs), 17 HUD-approved housing counseling intermediaries, and 72

lifesaver

Short sale lease back alternative to foreclosure available

Ask any underwater homeowner to tell you their biggest fear about selling their home and moving on and you get two answers: "I will never buy again." "I will not

robosigning

4.2 million Independent Foreclosure Review-related payments up to $125,000 begin today

FEDERAL RESERVE BOARD - Payments to 4.2 million borrowers are scheduled to begin today April 12 following an agreement reached by the Office of the Comptroller of the

slidinghouse

Lingering economic fallout, mortgage servicing violations prolong housing recovery for many Americans

It should come as no surprise that nearly 80 percent of Americans aren't buying the housing recovery and many of them think the worst is still yet to

realestatelaw

$1 million grant to put more teeth into enforcing California’s ‘Homeowner Bill of Rights’

CALIFORNIA ATTORNEY GENERAL - Attorney General Kamala D. Harris recently announced a $1 million California Homeowner Bill of Rights (HBOR) implementation grant to The National Housing Law Project. This

fairhousing

Sequestration to hit housing’s most needy residents

When legislators walked out without settling sequestration, they also walked out on hundreds of thousands of needy households and housing industry related jobs. Washington's failure to act likely won't

robosigning

Independent Foreclosure Review gets another do-over

Perhaps the real news would be the answer to this question: "Why won't mortgage servicers simply abide by the original Independent Foreclosure Review order, give borrowers their due

slidinghouse

California Realtors push for state-level mortgage debt forgiveness tax relief

The California Association of Realtors (CAR) is lobbying to reinstall California's expired mortgage debt forgiveness tax relief, which expired Dec. 31, 2012, along with the federal version. A 12th-hour

pricevsvalue

FitchRatings: Home prices overvalued by 10%

There's growing caution in the optimism about the real estate recovery and rising home prices. A second report reveals home prices aren't what they appear to be. Global ratings

realestatelaw

California Homeowner Bill of Rights effective Jan. 1, 2013

New consumer protections for California homeowners are effective Jan. 1 2013. The California Homeowner Bill of Rights (CHBR), extends key mortgage and foreclosure protections to California homeowners and

pricevsvalue

Home price increases mask true, smaller home value increases

Today's home price increases often don't reflect true increases in home values. In fact, today's home price increases may be well off real home value increases in some metropolitan

usedvsnew

FHA anti-flipping waiver now good through 2014

To help keep foreclosures moving through the home sales pipeline, the Federal Housing Administration (FHA) has, for the fourth time, extended a rule to make it easier for

slidinghouse

CalFHA offers fiscal cliff cushion for unemployed homeowners

Unemployed homeowners, concerned federal unemployment benefits could end if Congress doesn't provide a remedy for the fiscal cliff, could get help with their mortgage from the California Housing

slidinghouse

Homeownership after a short sale, foreclosure, bankruptcy

The mortgage meltdown came with a rapid depreciation in real estate values resulting in financial crises for many homeowners who managed to get through it with a short

mortgagesettlement

National Mortgage Settlement oversight office publishes updated settlement relief report

OFFICE OF MORTGAGE SETTLEMENT OVERSIGHT – Joseph A. Smith, Jr., Monitor of the National Mortgage Settlement, on Nov. 19, 2012, released a report "Continued Progress: A Report from

shortsales

California short sale shortcomings decline, problems persist

California's real estate agents say lenders are making some progress in processing short sales, but short sale problems persist for homeowners selling short to avoid foreclosure. The California Association

slidinghouse

Higher California home prices stem foreclosure tide; San Francisco, San Mateo, Santa Clara counties lead pack

DQNEWS - Three and a half years after peaking, the number of California homes entering the foreclosure process fell last quarter to the lowest level since the early

Website by imagiNed Web Design