June Is National Homeownership Month
This year's theme, set by the Department of Housing and Urban Development , is “Find Your Place.” HUD is one of many agencies that provide resources to help consumers obtain and sustain homeownership.
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Treasury Secretary Mnuchin: Do not call me the ‘foreclosure king’
ByadminDemocrats and housing advocates bestowed the title on Mnuchin after he was named by President Trump to serve as Treasury Secretary. They accused Mnuchin of having profited from the 2008 financial crisis by foreclosing on thousands of distressed homeowners while he was owner of housing lender IndyMac, which later was renamed OneWest. Foreclosure News
Your Opinion: Meltdown of family structure affects home ownership
ByadminJuly 9th's reprint of an AP offering, “Black homeowners struggle as US housing market recovers” makes one wonder if it was an example of AP dredging up material and skewing it for a sob story? The gentleman in the article, Mr. Dorn, bought a home over 20 years ago. He inherited another home. Foreclosure News
Escrow-free loans raise credit-risk questions
ByadminDo you really need an escrow account attached to your mortgage? Aren't you capable of remembering when it's time to pay tax and insurance bills? These questions suddenly are more controversial than you might guess. A new program offered by one of the country's highest-volume lenders allows a wide swath of borrowers to say no-thanks…
If you own a cheaper house, you’re in the money
ByadminHome prices on the low end of the market are rising at twice the pace as those on the high end. Prices have now recovered nearly 46% from early 2012. Foreclosure News
Ocwen Financial: Calling Republican Lawmakers What Is Going On With The CFPB
ByadminLawmakers need to understand bad behavior might have have occurred by industry participants in their lobbying of the CFPB and other State officials to further their pro-foreclosure agenda. I recommend that company management of OCN and ASPS explore if other firms in fact hurt the company through misrepresentations or short selling and pursue tort claims….
What are metro Denvera s hottest neighborhoods for home buyers? Think…
ByadminJaryd Takushi, a broker associate with Kentwood City Properties, bought a home out of foreclosure for $ 90,000 in north Aurora in 2009 during the housing market crash. After major upgrades, he estimates that he could sell it for $ 340,000 today. Foreclosure News