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Since the depths of the Great Recession in 2008, the housing market has struggled to regain its footing. There always seems to be a market imbalance that prevents solid growth.
Since the depths of the Great Recession in 2008, the housing market has struggled to regain its footing. There always seems to be a market imbalance that prevents solid growth.
Data from the Pima County Recorder's office shows there were 372 foreclosures in the first three months of this year, the lowest since 2007 when 251 homes were sold in foreclosure in that same timeframe. That number rose to 824 in the first quarter of 2008 and climbed steadily to the peak of 2,052 foreclosures…
The U.S. regulator for mortgage servicers on Wednesday loosened the timing requirements for communicating with struggling borrowers under new rules that take effect later this month to help prevent wrongful home foreclosures. The Consumer Financial Protection Bureau said last year it would begin requiring servicers, the conduits for mortgage payments, to grant certain foreclosure protections…
It is likely that the recovery is too little, too late for more than one-third of the oil-related loans of concern that are more than 90 days delinquent, in foreclosure or real estate owned, says Kroll Bond Rating. Get alerted any time new stories match your search criteria. Foreclosure News
This chant has been going on for quite some time. Doom and gloom from the economic pessimists has been political sport for seven years, even though the Bush boom just celebrated its sixth anniversary. Foreclosure News
Hard to believe it is Halloween already, and lenders everywhere are mired down in contests. Time marches on, and the U.S. states will change clocks this weekend, at the end of what is known as Daylight Saving Time . Foreclosure News
ERC I, LLC, Appellant-Defendant, v. Whiteacre Funding, LLC, Riverdale Funding, LLC, Woodbridge Mortgage Investment Fund 2 LLC, Appellees-Plaintiffs ATTORNEYS FOR APPELLANT, Steven S. Hoar, Michael E. DiRienzo, Evansville, Indiana ATTORNEYS FOR APPELLEES, John D. Waller, Matthew B. Millis, Indianapolis, Indiana [1] This case involves a mortgage foreclosure of commercial real estate owned by ERC I,…