From rock bottom to rocking my market
My life was in a downward spiral. I was going through home foreclosure; I was incapacitated from a car accident, where I lost my car and then I lost my job.
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Hurricane Stricken States Now Seriously Delinquent
ByadminBlack Knight notes a significant uptick in seriously delinquent mortgages in December. The number of loans that were 90 or more days overdue increased by 60,000 during the month to 726,000. Foreclosure News
Mortgage Performance Continues to Improve
ByadminThe overall performance of first-lien mortgages continues to improve, and the number of loans in delinquency continues to decline, according to the Office of the Comptroller of the Currency's most recent quarterly report on mortgages. The OCC Mortgage Metrics Report, Fourth Quarter 2016, showed 94.7 percent of mortgages included in the report were current and…
Consumer Financial Services: What to Expect in 2018
ByadminWith a new year upon us, Consumer Crossroads blog wanted to ask some of our Hinshaw financial services attorneys about what we might expect in 2018. Here they are, specifically prognosticating trends in FCRA litigation, reverse mortgages, student loan regulatory and litigation, CFPB developments, cryptocurrencies, TCPA litigation, lost promissory notes, federal regulatory conduct and local…
Are Fannie and Freddie accepting riskier loans?
ByadminFrom Freddie Mac's weekly survey: For the first time in six months, the 30-year fixed broke above the 4 percent line, this week averaging 4.04 percent. That's 5 basis points higher than last week's 3.99 percent. Foreclosure News
MassHousing names Mounzer M. Aylouche vice president of homeownership programs
ByadminJune 29, 2018 – MassHousing announced today that Mounzer M. Aylouche has been promoted to Vice President of Homeownership Programs. In this newly created role, Aylouche will oversee all aspects of MassHousing's homeownership business, including production, lending operations, and servicing. Foreclosure News
See which N.J. celebs’ homes were in foreclosure, sold or listed for sale this spring
ByadminMany celebrity homes were listed during the spring real estate season, but not many celebrities were able to offload their luxurious homes. Those on the market ranged from Nelson Rockefeller's great-grandson's glitzy Montclair mansion to a pair of New York Giants employees who were fired last season. Foreclosure News