Democrats and housing advocates bestowed the title on Mnuchin after he was named by President Trump to serve as Treasury Secretary. They accused Mnuchin of having profited from the 2008 financial crisis by foreclosing on thousands of distressed homeowners while he was owner of housing lender IndyMac, which later was renamed OneWest.
Foreclosures fell to a 12-year low in 2017, offering more evidence that the housing crash is slipping into history. According to Attom Data Solutions , foreclosure documents were filed on 676,535 U.S. properties in 2017, down 27 percent from 2016 to the lowest level since 2005. Foreclosure News
DENVER Denver real estate is expensive and it just keeps getting more so, which has many people asking: Are we in another bubble that's about to burst? Since the last housing bubble burst with the great recession in 2007 or so, Denver's economy has recovered better than most cities its size and home prices have…
In October 2017, the nation had a 3.9-month supply of existing homes for resale. That means, at the pace seen then, it would have taken 3.9 months to sell all the homes on the market. Foreclosure News
On November 9, the Department of Justice announced its lawsuit against a foreclosure trustee for wrongfully foreclosing on at least twenty-eight servicemembers in violation of the Servicemembers Civil Relief Act , 50 U.S.C. 3953. The SCRA prohibits foreclosure on the home of a servicemember during active military service and for twelve-months after service without a…
The Commerce Commission has been asked to launch an urgent investigation into a video encouraging property investors to use fake names, work in packs to drive down prices and target desperate homeowners facing foreclosure. Wood said he believed the video's content appeared to be in breach of the Fair Trading Act in terms of misleading…
MGIC Investment Corporation and Fidelity National Financial are both finance companies, but which is the better stock? We will contrast the two businesses based on the strength of their analyst recommendations, valuation, risk, profitabiliy, institutional ownership, earnings and dividends. 86.6% of MGIC Investment Corporation shares are owned by institutional investors. Foreclosure News
