Press Digest- New York Times business news – April 21
The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.
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The B Word: No housing bubble yet, California Realtor group says
ByadminA California Association of Realtors report says signs like these – common during the market crash of 2007 – aren't likely to make a comeback in the near future. Low interest rates are keeping home prices relatively affordable, the report said. Foreclosure News
CFPB News: RFIs, Mortgage Servicer Rule, California Court Upholds Judgment
ByadminIn CFPB news, Mick Mulvaney's efforts to reshape the Consumer Financial Protection Bureau continue apace with more requests for information and improvements to the mortgage servicing rule. Finally, a recent California decision affirms the Bureau's right to properly tailored civil monetary penalties and injunctive relief, albeit in the more limited forms imposed earlier by the…
Historical DeKalb home up for sale during sheriff’s auction
ByadminThe historical former home of Hiram Ellwood at 329 N. Third St. in DeKalb is shown Monday, April 9, 2018 Mark Busch – [email protected] DeKALB – After being in foreclosure for roughly 18 months, the Victorian-style home of Hiram Ellwood , brother of barbed wire baron Isaac Ellwood, will be up for auction Thursday and…
Mueller charges Manafort and Ukrainian business associate Kilimnik with obstruction
ABA Journal Daily News
Give All Creditworthy Borrowers Mortgage Loans, Regardless of Race
ByadminAs Black History Month observances continue throughout the nation, now is an apt time to revisit the unmet housing finance challenges that affect African-Americans, other consumers of color and low-income whites. While many consumers have felt an economic recovery, many others remain locked out of homeownership and the resulting opportunity to build wealth through home…
A little-known aspect of deportations: foreclosures
ByadminFrom February through June, an average of 13,085 undocumented immigrants were arrested each month, according to U.S. Immigration and Customs Enforcement. That compares to an average of 9,134 arrests per month during the last three months of 2016. Foreclosure News