Golden Globe and Grammy Award winner and Oscar nominee Queen Latifah joined multi-platinum recording artist and actor Wyclef Jean and New York and New Jersey radio personality and actress Angie Martinez to help raise awareness about foreclosure and homeownership issues through a bus tour sponsored by the Hope Now Alliance that started Tuesday in Newark, N.J. The campaign will continue in Atlanta, Miami and Cleveland and Hope Now executive director, Faith Schwartz stressed that such efforts are important in foreclosure risk mitigation because half of foreclosures happen to people who never ask for help and may not know to. The bus tour is combined with a roundtable discussion with industry insiders who will discuss how the crisis is affecting the area. It offers information about refinancing and loan modification options and how homeowners can contact HUD approved counselors in their area for advice. Information about online resource also is provided.
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Vacancy numbers leveled off this quarter, but the share among units owned by institutional investors is more than double the overall national rate, Attom said.
4h ago -
This marks the second transaction from the shelf, backed by 651 first-lien, fully amortizing fixed-rate mortgages.
11h ago -
All loans in the deal's portfolio were made to investors and underwritten based on property cash flow and rental income to determine borrower eligibility.
11h ago -
Lower median loan amounts and earnings growth which outpaces mortgage expenditures helps to improve affordability even as rates continue to rise, the MBA said.
August 27 -
A federal judge Wednesday said the Department of Housing and Urban Development failed to justify a sharp overhaul of a long-standing fair-housing grant program.
August 27 -
If Fed Chair Kevin Warsh's comments lack substance on inflation in the market's opinion, it is likely to drive mortgage rates even higher, NerdWallet warned.
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