The U.S. mortgage finance agency said it is working with loan servicers to ensure that no property inspection costs resulting directly from Harvey or Irma are passed on to borrowers who were impacted. “They may be able to put their mortgage payments on hold for up to one year if their mortgage is owned or […]
After a brief dip in April home sales, the U.S. housing market returned to seasonally high sales in May, increasing 20.6 percent from the previous month and 4.3 percent from May 2016, according to the RE/MAX National Housing Report released today. The average number of Days on Market dropped to a record low of 51, […]
U.S. President Donald Trump plans to nominate Joseph Otting, a former banking executive and associate of Treasury Secretary Steve Mnuchin, to regulate national banks as comptroller of the currency, the White House said in a statement on Monday. The Office of the Comptroller of the Currency writes money-laundering rules and bank charters and is one […]
Foreclosure/Standing/Lost Note: if plaintiff did not have right to enforce note when lost, plaintiff should present evidence of assignment from payee to plaintiff or affidavit of ownership – McClandon v Dakem & Assoc., LLC, Case No. 5D16-3300 Foreclosure/Standing/Assignment: assignment of mortgage, but not note, insufficient to prove standing – McClandon v Dakem & Assoc., LLC, […]
In February 2017, 5.0 percent of mortgages were delinquent by at least 30 days or more including those in foreclosure. This represents a 0.5 percentage point decline in the overall delinquency rate compared with February 2016. Foreclosure News
Coequal Liens : trial court properly authorized tax collector to issue tax certificates subject to community development district's assessment liens Villages of Avignon Community Dev. Dist. Foreclosure News
States with a year-over-year increase included New Jersey ; Delaware ; Louisiana ; Alabama ; and Hawaii . Three of the nation's 20 largest metro areas posted year-over-year increases in foreclosure activity: Houston ; San Francisco ; and New York . Foreclosure News
Confidence for transaction volume growth over the next 12 months increased 0.4 percent from Q4 2016 and increased 0.63 percent compared with a year ago. Confidence for growth in purchase transaction volume over the next 12 months increased 6.5 percent from last quarter and 3.7 percent compared with a year ago. Foreclosure News
Privately-owned housing units authorized by building permits in January were at a seasonally adjusted annual rate of 1,285,000, 4.6 percent above the revised December rate of 1,228,000 and 8.2 percent above the January 2016 rate of 1,188,000. Privately-owned housing starts in January were at a seasonally adjusted annual rate of 1,246,000, 2.6 percent below the […]
Well, we have 24 business days until our next Federal holiday . Sigh. Much worse is this very, very sad, troubling statistic: News came out that drug overdoses are involved in more deaths than car crashes and guns. Foreclosure News