Interest Rates Taking a Toll on Mortgage Prepayments
Rising interest rates took a toll on mortgage prepayments in January. Black Knight Financial Services said the pre-payment rate was down 29.83 percent compared to December.
Rising interest rates took a toll on mortgage prepayments in January. Black Knight Financial Services said the pre-payment rate was down 29.83 percent compared to December.
According to this week's market reports, the New York metro area has the highest number of zombie foreclosures in the nation, and over 60 percent of Manhattan retail leases in the third quarter were for short-term deals. Olshan Realty Twenty-two residential contracts were signed last week at $ 4 million and above, the second consecutive…
It's time to drop the bomb on property owners who don't pay their taxes, town leaders decided Tuesday. The town's tax collection rate averages 87 percent, well below the state average, Town Manager Kate Bordeaux told commissioners during their monthly meeting. Foreclosure News
The treasurers from Hillsdale, Branch, Jackson and Lenawee counties assembled at the Jackson County Commission Chambers recently in an effort to stem the tide of foreclosures in south central Michigan. “This program is for delinquent tax assistance. Foreclosure News
City Council in October had approved hiring Dan Risner & Sons Excavating of Pound for their low bid price of $ 36,736 to raze the building. Foreclosure News
Arlando Jacobs and Clarence Roland stole homes across Texas and two other states with the scribble of a pen, the FBI says. And they did so for about six years before being caught, agents said. Foreclosure News
The number of nonbank mortgage lenders and servicers that did not comply with the California Residential Mortgage Lending Act Annual Report requirements grew this year, prompting a reprimand and warning of penalties from the commissioner of the state's Department of Business Oversight. There were 418 licensed lenders and servicers at the end of 2017, but…