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Updated: 14 min 43 sec ago
In the second quarter of 2015, approximately 411,000 homeowners received non-foreclosure solutions from mortgage servicers, according to HOPE NOW. The total number of foreclosures keeps dwindling, and here's how they're doing it.
In a tragic turn, the family of the Arizona Realtor missing since mid-June is giving up hope on finding Sidney Cranston alive. They just hope now they can get some kind of concrete closure.
Luxury homebuilder Toll Brothers posted third-quarter net income of $66.7 million, down compared to net income of $97.7 million last year. However, Robert Toll, executive chairman, noted that the company is encouraged by recent positive reports.
The housing market is slowing down, with home values seeing the first negative monthly change since the market began its recovery nearly four years ago, but that could be welcome news for challenged buyers facing ever-rising rents.
Mortgage applications increased 0.2% from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending August 21, 2015. Here's what happened.
DocMagic, a provider of compliant loan document preparation, compliance, eSign and eDelivery solutions, announced the addition of Gavin Ales as the company’s new chief compliance officer. Ales joins DocMagic from Prospect Mortgage, where he was deputy chief compliance officer.
The tale of the small Seattle-area home that rose to fame after the owner famously turned down $1 million for her home even as a shopping mall was being built around her and was once used to promote the Disney film “Up,” because of its similarities to the movie, is now headed to Hollywood itself.
The Consumer Financial Protection Bureau released its second snapshot report of its consumer complaint database, and this time, credit reporting agencies are in the hot seat. So what do consumers think about the credit reporting agencies? Read on.
California pending home sales skyrocketed since last July and posted the strongest year-over-year increase in more than six years. Read the article for a full picture of the Golden State.
The world of credit scores is often misunderstood, which is not a good thing since scores play a large role in whether or not you will qualify for a mortgage. Take this quiz to find out how well you know, or don’t know, the credit score system. A word of caution: Don’t get your hopes up for a 100%.
If trends hold over the next 10 years, the next decade will see an unprecedented surge in the demand for housing. Millennials, Boomers and Hispanics will be the drivers if 2014 trends hold. This is big, so read on.
Redfin’s Housing Demand Index which measures and forecasts based on homebuyer activity prior to purchase, decreased 5% in July, falling to 108 from 113 in June, the fourth consecutive month-over-month decline. Troubling or welcome?
US REOF announced its launch into the industry as a new private equity real estate company focused on the acquisition, rehabbing, leasing and selling of single-family homes in Texas and select cities in the Midwest.
New home sales showed solid if expected gains in July. And while volatility is common for new home sales, other housing data released last week suggest it's not a blip, analysts say. Here's the breakdown.
After barely surviving the subprime crisis and housing collapse, and then enduring the agony of burdensome regulatory changes and the advent of a new mortgage watchdog, mortgage originators finally, FINALLY, have some good news to spread.
The Federal Housing Finance Agency house price index rose 0.2% in June, below the low-end forecast for 0.3% but still a respectable gain. Annualized price growth was 5.6%, while prices in the second quarter rose 5.4% compared to the second quarter of 2014.
Home prices continued their rise across the country over the last 12 months, according to the S&P/Case-Shiller Home Price Indices. The biggest worries? Multiple rate increases or a full-blown bear stock market contraction.
The repercussions of Black Monday could go further than just today’s major hit, with the future of Chinese homebuyers now in question, according to John Burns, CEO and owner of John Burns Real Estate Consulting.
The same Realtor accused of extorting two rival real estate agents earlier this month landed a sweet new job just days after his arrest. His new boss argues there are two sides to every story — and is going to give the accused a second chance.
Within minutes of the opening bell on Wall Street this morning, as we are all now well aware, the Dow Jones Industrial Average was off by 1089 points. While I have been predicting a negative turn of economic events here in the U.S. created by fanciful delusions that our economy is in growth mode, I believe what we are experiencing is actually a "pressure release valve" being activated.