Five barriers to homeownership are identified in a new study released on Friday by the National Association of Realtors . The white paper, titled “Hurdles to Homeownership: Understanding the Barriers” was prepared for NAR by the Rosen Consulting Group and examines why, “Despite steadily improving local job markets and historically low mortgage rates, the U.S. homeownership rate is stuck near a 50-year low.”
Mortgage servicer Ocwan Financial has been ordered by the state of Illinois to stop making loans, which the company calls a “vast overreach.” Mortgage servicer Ocwan Financial has been ordered by the state of Illinois to stop making loans, which the company calls a “vast overreach.” Foreclosure News
And already more than half of Generation Z renters are confident that they will own their own home, slightly more than millennials at 55%, according to a new report by real-estate firm Zillow released Wednesday. “Many of them say their concept of homeownership is not any different from their parents' generation,” Wacksman said. Foreclosure News
Westfield National Insurance Co. vs. James Neville, East Liverpool, $ 13,803 plus interest sought for alleged hospital and medical expenses from a traffic crash. Foreclosure News
An effort established on GoFundMe helped save the home of a pilot, his wife Tabitha and eight children, including three adopted from foster care. Florida pilot Ron Calugar established the campaign on behalf of Josh Rosa, who was severely injured in an airplane accident over a year ago. Foreclosure News
Ald. Gilbert Villegas, 36th, says he wants City Council hearings on the way the Northwest Home Equity Assurance Program has been administered and an outside audit of its finances. Ald. Gilbert Villegas, 36th, says he wants City Council hearings on the way the Northwest Home Equity Assurance Program has been administered and an outside audit…
The Alabama Supreme Court recently released an opinion interpreting the pre-foreclosure notice requirements contained in paragraph 22 of the standard mortgage form. In short, strict compliance is required. Foreclosure News
