HUD limiting reverse mortgages for seniors
This Wednesday, Jan. 18, 2017, file photo shows a home for sale in Mount Lebanon, Pa. On Thursday, April 6, 2017, Freddie Mac reports on the week's average U.S. mortgage rates.
This Wednesday, Jan. 18, 2017, file photo shows a home for sale in Mount Lebanon, Pa. On Thursday, April 6, 2017, Freddie Mac reports on the week's average U.S. mortgage rates.
Earlier this summer my wife and I packed up our house in Minneapolis and moved to Charlottesville. We had been living in Minnesota for the past decade, in a wonderful neighborhood about a mile from the Mississippi River and three miles from downtown Minneapolis. Foreclosure News
The delinquency rate for U.S. real estate loans in commercial mortgage-backed securities has fallen below 4 percent, its lowest level since the 2008 financial crisis. The CMBS loan delinquency rate fell to 3.95 percent in June, a decrease of 17 basis points from May, and 94 basis points lower than the beginning of the year,…
In most states, when a consumer wants to buy a condo unit – whether a new one from the developer or a resale – the buyer is entitled to receive a wealth of information, including legal documents and financial information. Pay close attention to all documents. Foreclosure News
Where traditional foreclosure cannot be docketed for 90 days after the triggering event, a lender may now petition the court for permission to immediately foreclose on vacant and abandoned properties. The petition can cut up to three months off the process, if successful. Foreclosure News
The owners of two Watertown apartment complexes and another in the village of Clayton plan to move forward with $ 6 million in renovations after arranging for a refinancing package with a new lender. Owners Michael J. Uccellini and Garry Kearns closed on a more than $ 30 million refinancing package on Friday for Truscott…
The bank trust that owns its liens was trying to foreclose on the well-respected Bed-Stuy homeless shelter for women and children. Foreclosure News