Majority Of Renters Recognize Benefits of Homeownership
Most renters say homeownership is one of their highest priorities for the future and they are thinking more about purchasing a home now than in past years.
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The eleven year downwards spiral
ByadminIt is a strange current reality in which we all find ourselves existing. Every eleven, or so, years, the nauseating housing market bubble bursts, and we all, property owners or tenants, have no choice but to face life in a climate of austerity, high rents, low incomes, depressing governmental forecasts and bank foreclosures. Foreclosure News
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VA Issues VALERI Servicer Newsflash Regarding Reporting on Loans Impacted by Natural Disaster
ByadminIn a recently published VALERI Servicer Newsflash , the VA indicated that Electronic Default Notification events on current loans that are impacted by a natural disaster should not be reported. As explained in the Newsflash, the “EDN event should only be reported prior to the 61st day of delinquency, with 'Property Problems' as the reason…
Tax Reform – Proposed Legislation Protecting Affordable Housing
ByadminAfter legislation to repeal the Affordable Care Act was pulled from the House floor last Friday, news headlines across the country began reporting that tax reform is next on the Trump Administration's agenda. As noted in our prior blog post, tax reform that changes the corporate tax rate, the tax-exempt bonds program and the tax-credit…
iSquare Mall developer battles foreclosures
ByadminThe man behind one of Orlando's biggest and flashiest development proposals, the $ 400 million iSquare Mall + Hotel on International Drive at Kirkman Road, is fighting for control of the 5.6-acre property after two foreclosures were filed against it. Abdul Mathin and his companies were hit by two foreclosure lawsuits since August. Foreclosure News
HUD limiting reverse mortgages for seniors
ByadminThis 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. Foreclosure News