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Foreclosure

A stack of money
National

CFPB Imposes $2 Million Penalty on Fay Servicing for Mortgage Law Violations

August 23, 2024August 23, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has levied a $2 million penalty against Fay Servicing for breaching mortgage servicing laws and failing to comply with a 2017 …

CFPB Imposes $2 Million Penalty on Fay Servicing for Mortgage Law Violations Read More

A couple looking at the document in shocked emotion.
National / Real Estate

Foreclosure Activity Rises in July 2024, with Delaware, Nevada, and Utah Leading the Rates

August 19, 2024August 18, 2024 - by Timothy Alexander

IRVINE, CA — ATTOM’s July 2024 U.S. Foreclosure Market Report reveals a notable uptick in foreclosure filings across the country. A total of 31,929 properties had foreclosure filings, including default notices, …

Foreclosure Activity Rises in July 2024, with Delaware, Nevada, and Utah Leading the Rates Read More
Contract
National

CFPB Exposes Predatory Practices in Contract-for-Deed Home Financing

August 19, 2024August 19, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) recently released a critical advisory opinion and research report concerning contract-for-deed home financing. This form of seller financing has gained notoriety for …

CFPB Exposes Predatory Practices in Contract-for-Deed Home Financing Read More

A couple looking at the document in shocked emotion.
National

Home Sweet Home: CFPB Proposes Sweeping Changes to Protect Struggling Homeowners

July 15, 2024July 14, 2024 - by Maryann Pugh

WASHINGTON, D.C. — Potential relief is on the horizon for homeowners grappling with mortgage woes, thanks to new rules proposed by the Consumer Financial Protection Bureau (CFPB). The bureau is …

Home Sweet Home: CFPB Proposes Sweeping Changes to Protect Struggling Homeowners Read More
Housing development
National / Real Estate

US Housing Market Risk Report Reveals Potential Decline In Vulnerable States

June 17, 2024June 16, 2024 - by Timothy Alexander

IRVINE, CA — A new report by ATTOM highlights potential instability in various county-level housing markets across the United States. The study, focusing on home affordability, underwater mortgages, foreclosures, and …

US Housing Market Risk Report Reveals Potential Decline In Vulnerable States Read More

Real estate
National / Real Estate

U.S. Foreclosures Increase Slightly, Reflecting Nuanced Housing Market Shifts

June 16, 2024June 15, 2024 - by Timothy Alexander

IRVINE, CA — ATTOM released its May 2024 U.S. Foreclosure Market Report, revealing nuanced shifts in the housing market. The report shows a total of 32,621 U.S. properties with foreclosure …

U.S. Foreclosures Increase Slightly, Reflecting Nuanced Housing Market Shifts Read More
US Department of Veterans Affairs
National / Veteran Issues

VA Urges Mortgage Servicers to Halt Foreclosures for Veterans Through 2024

June 4, 2024June 3, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Department of Veterans Affairs (VA) has issued new guidance urging mortgage servicers to pause foreclosures on VA-guaranteed loans through the end of 2024. This measure aims …

VA Urges Mortgage Servicers to Halt Foreclosures for Veterans Through 2024 Read More

real estate news
National / Real Estate

U.S. Foreclosure Rates Drop, But Regional Differences Persist

May 19, 2024May 19, 2024 - by Timothy Alexander

IRVINE, CA — ATTOM’s latest U.S. Foreclosure Market Report for April 2024 reveals a mixed bag in the landscape of American housing. The report shows a total of 31,649 properties …

U.S. Foreclosure Rates Drop, But Regional Differences Persist Read More
Home for sale
Real Estate

2024 Real Estate Market: Navigating the Stormy Seas

March 5, 2024June 23, 2024 - by Timothy Alexander

DOYLESTOWN, PA — As the calendar flipped to 2024, an ominous cloud loomed over the real estate market. With interest rates touching a two-decade high and inflation reaching a peak …

2024 Real Estate Market: Navigating the Stormy Seas Read More
Foreclosure
Real Estate / Special Feature

Foreclosure Surges: Is the US Housing Market on the Brink Again?

February 19, 2024February 19, 2024 - by Timothy Alexander

The specter of the past can linger, casting an uneasy hue on the present. Similar to the housing market events leading up to the 2007-2008 financial crisis, the US is …

Foreclosure Surges: Is the US Housing Market on the Brink Again? Read More

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