April data from the Federal Housing Finance Agency indicates that, once again, there was no moderation in the pace of home price increases . FHFA's Housing Price Index , which is based on loans sold to or guaranteed by the two GSEs, Fannie Mae and Freddie Mac, increased 0.7 percent from March.
The CFPB recently announced that it has entered into a consent order with Fay Servicing, LLC to settle alleged mortgage servicing violations. A copy of the consent order can be found here . Foreclosure News
An attorney convicted of conducting a mortgage scheme was charged Friday with four additional felonies for trying to avoid paying restitution to the victims of his scam. Steven Barry Ruza, 54, of Shelby Township was charged in Ingham County's 55th District Court with several crimes related to the alleged scam, according to the Michigan Attorney…
A 5721.18 , DAVE WOLTERS, TREASURER OF MERCER COUNTY, OHIO PLAINTIFF, vs. PARCELS OF LAND ENCUMBERED WITH DELINQUENT TAX LIENS, AND MICHAEL A. VORE LAST KNOWN OWNER. CASE NO.: 18-CIV-127. Foreclosure News
Link to Fitch Ratings' Report: Fitch Takes Rating Actions on Paragon RMBS Series here LONDON, March 17 Fitch Ratings has upgraded 7 tranches, downgraded 5 tranches and 4 currency swap obligations and affirmed 61 tranches and 4 currency swap obligations of the Paragon RMBS series. A full list of rating actions is available at www.fitchratings.com…
The demand for downtown condos is strong and prices are almost as high as they were before the crash. There are still downtown condo owners who are renting out their unit waiting for the price to go up. Foreclosure News
Some are saying that 2018 may be the worst year in history for wildfires in California and other states are threatened by blazes as well so Freddie Mac is reaffirming its disaster relief policies. The policies apply to borrowers with homes in Federal Emergency Management Agency -declared disaster areas where individual assistance programs have been…
