US household debt continued its steady rise in the third quarter, breaking the record set in the previous three months, while increasing signs of trouble appeared, the New York Federal Reserve Bank said Tuesday. Delinquency on credit cards and auto loans are on the rise, and auto loans also continued the steady upward climb, hitting […]
ABA Journal Daily News
CREIGHTON'S RURAL MAINSTREET INDEX REACHES HIGHEST LEVEL IN TWO YEARS May 22, 2017 Source: Creighton University Rural Mainstreet Index May Survey Results at a Glance: * The overall index rose to highest level since July 2015. * Almost one in four bank CEOs said the Federal Reserve should raise short-term interest rates at June meetings. […]
The Massachusetts Supreme Judicial Court provided further guidance – up to a point – on mortgagees' strict compliance with the notice of default provisions within paragraph 22 of the standard mortgage and when that standard takes effect. Mortgage holders have litigated this issue for years in Massachusetts, and the SJC first addressed compliance with paragraph […]
During the worst of the housing crisis, foreclosures were everywhere. Vacant, boarded-up homes with overgrown lawns out front littered the streets of the nation, turning blocks into ghost towns and dragging down neighboring property values. Foreclosure News
This spring's housing mantra: Going, going, gone! “Severe” housing shortages are prompting existing homes to sell significantly faster this year, propelling home sales to the highest pace in more than a decade, the National Association of REALTORSA reported Friday. Strong sales gains in the Northeast and Midwest were behind most of the nationwide 4.4 percent […]
ABA Journal Daily News
ABA Journal Daily News
ABA Journal Daily News
Colorado's Supreme Court is considering changes to courtroom rules that would ensure consumers can better challenge a foreclosure before their homes can be taken. The court is holding a public hearing Thursday over changes to the state's Rule 120 process, which gives homeowners the opportunity to contest a foreclosure by appearing in court, but is […]