Trump’s promise to “ban” large institutional investors from buying more single-family homes renews the debate over whether such a move would be legal — or make much of a dent on affordability. Continue reading
Popular with first-time homebuyers, FHA loans have higher delinquency rates, and borrowers are more likely to end up underwater or in foreclosure when home prices fall. Continue reading
Popular with first-time homebuyers, FHA loans have higher delinquency rates, and borrowers are more likely to end up underwater or in foreclosure when home prices fall. Continue reading
Brooklyn investor Sanford Solny is facing up to seven years in prison for defrauding 11 homeowners of the deed to their homes. Deed fraud is rising across the U.S., leading the FBI to issue warnings. Continue reading
The American Enterprise Institute estimates that 64 percent of homes sold by the largest homebuilders provide permanent mortgage rate buydowns, which often don’t count as seller concessions. Continue reading
While negative equity rates remain low in most places, markets showing signs of concern include the Gulf Coast of Florida and Austin, Texas, ICE Mortgage Technology reports. Continue reading
A New York State investor group is at the center of a burgeoning foreclosure crisis in Baltimore, according to an investigative report from “The Baltimore Banner.” Continue reading
While Monique Hill and her husband were undergoing foreclosure proceedings, former real estate agent Oscar Dais created, signed and notarized a fraudulent deed in Hill’s maiden name. This week, Dais pleaded guilty. Continue reading
Median monthly homeownership costs have risen 26 percent from 2019, according to the U.S. Census Bureau’s latest American Community Survey data. released on Thursday. Continue reading
Metro areas in the southern and western U.S. dominate the nation’s riskiest markets. That’s according to new Attom data on home prices, underwater mortgages, foreclosures and more. Continue reading