Trump’s SEC Nominee Has a Major Conflict of Interest Problem
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Financial Analysis: MGIC Investment Corporation
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MGIC Investment Corporation and Fidelity National Financial are both finance companies, but which is the better investment? We will contrast the two companies based on the strength of their profitability, institutional ownership, earnings, risk, analyst recommendations, valuation and dividends. 87.9% of MGIC Investment Corporation shares are held by institutional investors. Foreclosure News
Downey man gets prison time for Norwalk-based mortgage fraud scheme
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Two defendants linked to a mortgage fraud scheme that cost at least $ 2.4 million when fraudulently purchased homes went into foreclosure have been sentenced to federal prison. The case involves a scheme to fraudulently obtain mortgages for residential properties through the use of “straw buyers” – individuals who pretend to purchase the properties and…
In Tampa Bay, burdened renters abound as home ownership stays low
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A decade after the housing crash, nearly 38 percent of bay area households are in rental properties, a new study shows. That compares to less than 30 percent in 2006, just before real estate values plunged and sent tens of thousands of Tampa Bay homes into foreclosure. Foreclosure News
Cobb County foreclosure rate continues to fall
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Cobb saw 122 properties advertised for foreclosure for its July auction, continuing 2017's downward trend in foreclosures over last year. Foreclosure News
FHA losing customers rapidly as premiums spur refinancing
Byadmin
The Federal Housing Administration's financial health is benefiting from continued reductions in delinquencies and foreclosures, but the FHA is also losing some of its best customers at a fast clip. The “serious” delinquency rate on FHA-insured home loans dropped to 4.28% in the third quarter of fiscal year 2017, according to an FHA quarterly report…
Refinancing With VA Loans
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The VA loan , one of the most popular loan programs in America, was created at the end of World War II by the United States government to help returning service members buy homes. Since then, more than 22 million veterans and service members have taken advantage of this benefit to buy or refinance their…