The streak continues – NJ still the worst state for foreclosures
As we move further away from last decade's housing crisis, its lingering impacts on the real estate market are dwindling. But the Garden State still can't escape its role as the No.
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ByadminBottom Right Default State Name: Delaware State Name underscore: Delaware State Name dash: Delaware State Name lower underscore: delaware State Name lower dash: delaware State Name lower: delaware State Abbreviation: DE State Abbreviation Lower: de It is a continuously updated stream of news from around the web Visit throughout the day for the latest breaking…
Agape House foreclosure leaves residents in the cold
ByadminOn Thursday nine women were left out in the cold after law enforcement and bank personnel arrived at the Agape House in Eureka, a clean and sober transitional housing facility for women, to foreclose on the property. On Monday afternoon, the house – a well-kept Victorian on the corner of C and Trinity streets in…
We recommend a ‘yes’ vote on statewide Propositions 1, 2 and 3
ByadminTexas voters, here's your chance to have direct input on whether bills become law this fall when seven amendments to the Texas Constitution come before you. It's your opportunity to have a say on important issues such as giving better protections to our disabled vets and how you can use the equity in your homes….
Delinquencies Signal “Final Stages” of Recovery
ByadminTo no one's surprise, measures of mortgage distress , including delinquencies, serious delinquencies, and foreclosures, were down again in August , with many metrics falling into fractional percentage territory. According to CoreLogic's Loan Performance Report for the month, the overall delinquency rate, mortgages 30 or more days past due, fell 0.6 percentage points from August…
M&F Bank posts first annual loss after more than a century of profitability
ByadminM&F Bank can no longer tout that it has turned an annual profit every year since it opened its first branch in 1908. M&F Bancorp, the corporate parent of the Durham-based bank, one of the nation's oldest and largest African-American-owned financial institutions, announced late Friday that for the full year 2016 it posted a net…
NY Law Requires New Pre-Foreclosure Notice for Reverse Mortgages
ByadminOn April 12, 2018, the New York legislature enacted and Governor Cuomo signed, Assembly Bill 9508, a budget bill. Obscured in the budget bill was an amendment to New York law requiring reverse mortgage servicers to provide a pre-foreclosure notice at least 90 days before the mortgage loan servicer commences legal action against the borrower…