MOSCOW/LONDON, December 04 Fitch Ratings has affirmed Alfa-Bank's Long-Term Issuer Default Rating at 'BB+' and its Cyprus-based holding company ABH Financial Limited at 'BB' with Stable Outlooks. A full list of rating actions is at the end of this commentary.
Ocwen is refinancing $ 300 million of bonds backed by reimbursement rights to funds it has advanced on residential mortgages it services. The two new series of notes will both extend the maturity of the debt issued by the securitization trust and reduce the interest rate. Foreclosure News
June 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
Ten years after the housing market collapse Eastern North Carolina seems to be healing, but it appears the military hasn't fully recovered. Foreclosure News
March's increase in foreclosure starts was a direct result of the end of the moratorium for borrowers affected by Hurricanes Harvey and Irma, Black Knight said. There were 52,100 foreclosure starts in March, up 11.56% over February's 46,700. Foreclosure News
I can't stress this enough – take immediate action at the first sign of distress and work together with a mortgage broker to find a solution to this difficulty. The worst thing you can do is ignore it as open and early communication with your lender is the best action to take. Foreclosure News
Foreclosures by homeowner associations in Nevada's two largest counties led to more than $ 1 billion in lost property sale values. The Nevada Association of Realtors released a report this week, looking at the impact of sales involving properties that were foreclosed after residents failed to pay their HOA fees. Foreclosure News
