Las Vegas among most popular places in US to flip houses
Las Vegas is one of the most popular places in America to flip houses, even though investors can earn a lot more money elsewhere. And slowly, it seems, they're catching on to that.
Las Vegas is one of the most popular places in America to flip houses, even though investors can earn a lot more money elsewhere. And slowly, it seems, they're catching on to that.
The 30-day delinquency rate dropped to a low not seen in over a decade in July, but foreclosure starts also increased to a three-month high. The delinquency rate for mortgages 30-days past due, but not in foreclosure, was 3.61% in July, the lowest level since March 2006, according to Black Knight. Foreclosure News
Mick Mulvaney, center, walks to the Eisenhower Executive Office Building after leaving the Consumer Financial Protection Bureau in Washington, Nov. 27, 2017. A federal judge has dismissed a lawsuit over whether U.S. President Donald Trump can appoint his budget director as head of a consumer protection agency founded in the wake of the financial crisis…
Charlotte, North Carolina based Wachovia was sold to Wells Fargo 10 years ago at the peak of the 2008 economic recession. With the major banking business now facing its own financial struggles, people wonder if Wachovia could have survived. Foreclosure News
Two more real estate investors have admitted conspiring to rig bids at foreclosure auctions, bringing to nine the total who say they cheated at the public auctions held at South Mississippi courthouses. J. Gregg Goodhart Jr., 50, of Biloxi and Christopher Vaughan, 53, of Ocean Springs each face up to 10 years in prison after…
A row of chimneys stand in a neighborhood devastated by a wildfire on Oct. 13, 2017, near Santa Rosa, Calif. Massive wildfires swept through Northern California two months ago, destroying thousands of homes and businesses. Foreclosure News
The quarter-to-quarter increase in the mortgage delinquency rate is nothing to get excited about – yet, said a member of the Mortgage Bankers Association economics team. The seasonally adjusted delinquency rate for the fourth quarter was 4.8%, up 28 basis points compared with the third quarter and 3 basis points higher than the fourth quarter…