The Federal Housing Administration's financial health is benefiting from continued reductions in delinquencies and foreclosures, but the FHA is also losing some of its best customers at a fast clip. The “serious” delinquency rate on FHA-insured home loans dropped to 4.28% in the third quarter of fiscal year 2017, according to an FHA quarterly report delivered to Congress late last month.
Big investors are valuing homes with a method outlawed for everyone else after the housing crash – and the SEC is asking questions Large investors are increasingly using so-called broker price opinions to value and purchase thousands of homes on the brink of foreclosure. A method of valuing homes that was outlawed for most people…
Remember the delinquency and foreclosure issues we had several years ago? It is still part of the biz. Hubzu, an online marketing platform, released data ranking the top 20 U.S. markets by the highest percentage of REO properties bought and sold within 2017 . Foreclosure News
On November 29, 2018, the Illinois Supreme Court issued its much-anticipated opinion in First Midwest Bank v. Cobo , 2018 IL 123038. Foreclosure News
Zespri Group's outgoing chief executive Lain Jager has told the High Court that the banking sector was supportive of the kiwifruit industry when it was reeling from the outbreak of the Psa virus, helping limit the number of foreclosures from growers forced to rip out infected vines. Jager is a Crown witness in a negligence…
The real estate market in Kathleen GA looked like it was about to really heat up, but with limited inventory for buyers and investors to peruse, it quickly cooled back off. Currently, there are only 3 months worth of properties to pick from for interested consumers. Foreclosure News
Bottom 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…
