Should we be worried that foreclosure sales are near recession levels?
Economic indicators suggest the opposite should be happening. The city's unemployment rate has been trending down since 2008 and is now just under 4%.
Economic indicators suggest the opposite should be happening. The city's unemployment rate has been trending down since 2008 and is now just under 4%.
Foreclosure activity is down nationwide from a year ago, but certain local housing markets tell a different story. Overall, there were 66,401 properties with foreclosure filings in October, a jump of 21% from the previous month's all-time low, but still a 4% decrease from the same period last year, according to Attom Data Solutions. Foreclosure…
MGIC Investment and Radian Group are both mid-cap finance companies, but which is the better stock? We will compare the two businesses based on the strength of their valuation, profitability, dividends, analyst recommendations, risk, earnings and institutional ownership. MGIC Investment has higher earnings, but lower revenue than Radian Group. Foreclosure News
The Consumer Financial Protection Bureau released a new interim final rule intended to clarify how mortgage servicers can communicate with borrowers at risk of foreclosure, as well as a proposed rule about bankruptcy communications. In 2016, the CFPB published the Mortgage Servicing Final Rule, amending Regulation X. Pursuant to the changes, servicers were required to…
On April 26, 2017, the CFPB issued a press release and its latest Supervisory Highlights , which spotlight the CFPB's recent enforcement efforts in the areas of mortgage loan origination, mortgage loan servicing, and student loan servicing. The Supervisory Highlights reflect what the CFPB sees as common problems in each area, and may signal what…
On August 1, 2018, the Third District Court of Appeal found that a foreclosure judgment can include all amounts due and owing regardless of the initial date of default. In Eduardo Gonzalez and Rosa Gonzalez v. Foreclosure News
How much would you pay to drive a cab? In New York City, in 2014, the price of a Taxi Medallion hit $ 1.3 million. With Uber and Lyft, Medallions are now running in the $ 200,000s to the $ 500,000s. Foreclosure News