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
In the past two months, the total number of homesellers in the market has fallen from a peak of 1.96 million in May to 1.95 million in July, Redfin reported. As sellers realize that homebuyers have the upper hand now, some are opting out of the market … Continue reading
There are no easy solutions to the sluggish real estate market, team leader Carl Medford writes, and he does not believe slashing interest rates will have the desired effect. Continue reading
Price softening continues to spread from the Sunbelt into the Western U.S. and the inventory of homes for sale is growing at an accelerating pace, ICE Mortgage Technology reports. Continue reading
Housing counselor Rachael Hite says that VA loan holders who are having challenges paying their mortgages are losing a mortgage rescue and restructure plan called VASP. Continue reading
States with the highest foreclosure rates in May included Delaware, Florida, Illinois and Indiana. ATTOM’s CEO described the situation as “a mixed picture.” Continue reading
Real estate and mortgage services provider has racked up $363 million in cumulative losses and ended the first quarter with $30.8 million of cash and cash equivalents following a $232.8 million debt restructuring. Continue reading
Cutting the mortgage giants’ $806,500 conforming loan limit could relieve pressure on home prices but leave more homebuyers seeking jumbo mortgages at higher rates from private lenders. Continue reading