Mortgage delinquencies of 30 days or more, or in early stage delinquency, are at their lowest level in 10 years, according to CoreLogic's new Loan Performance Insights Report-a key check of the health of the housing market and the overall economy. Approximately 5 percent of mortgages, including those in foreclosure, were 30 days or more delinquent in January 2017, 1.1 percentage point less year-over-year.
A New York lawyer has been sentenced to up to four years in prison in an alleged $ 2.3 million short-sale mortgage fraud scheme. Helene Stetch, 53, of Lindenhurst, was sentenced Wednesday to a prison term of 16 months to four years, according to a press release and Newsday . Foreclosure News
In the pilot, a select pool of consumers will be given free access to EarnUp for a year. EarnUp allows consumers to manage all of their loans via a single dashboard. Foreclosure News
A 15-year mortgage is the dream home loan for home buyers who can afford the much higher monthly payments and want to shred their mortgage in half the usual time while saving thousands or even tens of thousands of dollars in interest. To make a 15-year mortgage work, you'll need a reliable income and enough…
On March 16, 2017, the Florida Supreme Court denied motions for rehearing and/or clarification filed by petitioners Lewis Brook Bartram, the Plantation at Ponte Vedra, and Gideon M.G. Gratsiani. All three petitioners requested the Florida Supreme Court reconsider or clarify its landmark November 3, 2016 opinion in Bartram v. Foreclosure News
Democrats and housing advocates bestowed the title on Mnuchin after he was named by President Trump to serve as Treasury Secretary. They accused Mnuchin of having profited from the 2008 financial crisis by foreclosing on thousands of distressed homeowners while he was owner of housing lender IndyMac, which later was renamed OneWest. Foreclosure News
