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The Federal Housing Administration's new foreclosure relief options for nonborrowing spouses of reverse mortgage customers will increase loan servicers' costs, and some question how many consumers they will actually help.
February 3
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While many of the lenders and investment firms seeking to profit from higher-risk mortgages are working to revive the business of bundling such loans into bonds, Citadel, one of the biggest players, is in no rush to see that happen.
February 3 -
The sale of real estate owned properties generated greater returns than short sales in December, according to Black Knight Financial Services.
February 3 -
When Seattle Mayor Ed Murray created a blue-ribbon panel on housing affordability in September, he used the word "urgency."
February 3 -
The Super Bowl is history, marking the start of a new high-stakes season: the spring real estate market. After what many industry insiders considered a disappointing 2014, hopes are high for 2015.
February 3 -
President Obama's 2016 budget plan tackled a host of big picture items for mortgages, including Dodd-Frank reform, FHA lending and GSE reform.
February 2
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Intense scrutiny is rarely focused on condemnation clauses in security instruments, but they will set the tone for potentially drawn out litigation as the parties work through the complexities specific to condemnation.
February 2
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While Rhode Island's real estate market made gains in 2014, the aftereffects of the foreclosure crisis continue to hold the housing market back from a more robust recovery.
February 2 -
The number of foreclosure cases initiated against Hawaii property owners fell last year for the first time in four years.
February 2 -
The pain and necessary changes in the mortgage industry that stemmed from the housing crisis have forced many lenders and servicers to utilize operating strategies that are reactive in nature and fail to capture the longer-term intrinsic value of today's troubled borrowers.
February 2
