In July 2006, the Mortgage Insurance Companies of America, a now-defunct trade group, sent a letter to the Federal Reserve and other bank regulators. “[We] are deeply concerned about the potential contagion effect from poorly underwritten or unsuitable mortgages and home-equity loans,” wrote Suzanne Hutchinson, the group's executive vice president.
Plano Texas is ranked as the healthiest housing market in the U.S., while Newark, New Jersey is ranked as the east healthiest housing market In order to find the big cities* with the healthiest housing markets in the country, Smartasset considered the following four factors: stability, affordability, fluidity, and risk of loss. They measured stability…
A report from CoreLogic, a leading global property information, analytics and data-enabled solutions provider, shows that in Altoona, 5.4 percent of mortgages were delinquent by at least 30 days in March compared with 5.9 percent in March 2016, representing a decrease of 0.6 percentage points. 2.1 percent in March compared with 2.5 percent in March…
Loans are often secured by the fee title to real property owned by the borrower. But loans can also be secured by the borrower's leasehold interest in property. Foreclosure News
SAN MARCOS, Calif. — Cell phone video reportedly taken Wednesday morning shows San Diego County Sheriff's deputies at a San Marcos home that's been at the center of an ongoing battle. Foreclosure News
A weird “rotten egg” smell has been filling our home for several months. Inspectors from our local gas company have come out twice and said they smell it too, but both determined that we have no gas leak. Foreclosure News
Your home equity could keep you afloat in retirement or bail you out in an emergency – but not if you spend it first. U.S. homeowners are sitting on nearly $ 6 trillion of home value they could tap as of May 2018, according to data provider Black Knight. Foreclosure News
