2017 Housing & Pending Home Sales Trends; Subservicer White Paper
I hate to break the news, but racial diversity exists in the United States. In fact, many will tell you that it is one of the U.S.'s strongest attributes, and that we benefit from it.
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Kalikow to Beninati: a oeYoua ve f*cked with the wrong persona
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But when it comes to Gamma Real Estate's Jonathan Kalikow and his debtor Joseph Beninati, the fallen developer of 3 Sutton Place, the code of war be damned. “I believe in disproportionate retaliation,” the Kalikow scion told Commercial Observer. Foreclosure News
Foreclosure rates remain at lowest levels in 11 years
Byadmin
It's been 10 years since the housing bust put millions of homes into foreclosure, and after years of steadily declining foreclosure rates, the percentage of mortgages that are in the foreclosure process has fallen to levels not seen since before the crash. According to new data from CoreLogic, just 0.6 percent of mortgages were in…
Police: Real estate broker stole $405K from foreclosed home
Byadmin
One of the state's top real estate brokers is facing larceny charges after attempting to sell nearly half a million dollars' worth of household items from a foreclosed home, police said. Barbara Morris , of Ridgefield, a 66-year-old real estate broker specializing in foreclosed homes, is accused of attempting to sell off $ 405,000 worth…
New funds for small commercial property target self managed super
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Non-bank lender Thinktank is targeting the self-managed super sector with two new trusts that give them an exposure to small-scale commercial assets that generally have performed better in distressed times than larger-scale properties. Thinktank's move reflects the resurgent interest in mortgage-backed funds, which dwindled after hitting problems during the global financial crisis. Foreclosure News
The housing ATM is back in service! Black Knight Financial Services…
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The housing ATM is back in service! Black Knight Financial Services reports that 44 percent of Q4 refinances were cash-outs, highest equity drawn in eight years. Have you heard the good news brothers and sisters? The housing ATM is now back in working order. Foreclosure News
Partnership between Quicken Loans and Detroit housing assistance org prevents 80 foreclosures
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Several fascinating partnerships have emerged in recent years to address some of Detroit's problems. We wrote about the Equitable Internet Initiative , a partnership between community groups, a foundation, a grassroots technology organization, and an internet service provider to deliver internet to Detroiters lacking access. Foreclosure News