CFPB fines real estate firm over RESPA violations The agency ordered the firms to. cites alleged violations of the Real Estate Settlement Procedures Act, the companies are prohibited from entering into any mortgage reinsurance arrangements for at.
a year ago, RealtyTrac said. That put homebuying activity. already picked over much of the distressed inventory in hard-hit housing markets in Arizona, Nevada, California and Florida, among others.
It’s been nearly one year since bank litigation halted much of the foreclosure activity across the Natural State, but local real estate agents say the pace is starting to pick up as more listings are making their back into inventory. In August, there were 550 new foreclosure listings across the state compared to 750 filings a year ago.
Flood of foreclosures to hit the housing market. In fact, there are indications that the pace of foreclosures are already starting to pick up. While overall foreclosure activity was down during the first quarter, filings were up 10% in the 26 states where foreclosures must undergo court scrutiny, according to RealtyTrac.
Foreclosure listings from RealtyTrac, including pre-foreclosures, house auctions and bank owned homes. Search over 1 million real estate properties updated.
CFPB names another acting deputy director Richard Cimino named SVP at LRES MortgageOrb. Articles. All Commercial Mortgage GSEs Housing Markets Latest News Mortgage servicing origination regulatory compliance reo residential Mortgage Secondary Marketing Technology Valuations. ARMCO Hires Mike Ehring as Senior Director of Business Development.Steve Antonakes named CFPB deputy director. Brena Swanson is formerly the Digital Reporter for HousingWire. Brena joined the HousingWire news team in February 2013, also serving in the roles of Reporter and Content Specialist. Brena graduated from Evangel University in Springfield, Missouri.Average home prices increase 2.2% in May: Case-Shiller The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 6.4% annual gain in May, remaining the same as in the previous month.
foreclosure activity increasing to record levels in the first half of 2009.10. 2009. 25 In Atlanta, where foreclosures were up 42 percent between. Notably, judicial officers, lawmakers and other justice stakeholders have taken steps in each. and also demand unnecessary and excessive fees.120 With the.
The Sunshine State saw 30,190 filings — default notices, auction sale notices and bank repossessions — during October, down 9 percent from September but still up 165 percent from the same month last.
That’s according to data provider RealtyTrac of Irvine, Calif., which on Wednesday issued its latest statistics on bank seizures of homes. RealtyTrac said that in January, one in every 624 housing units nationwide received a foreclosure filing.
Freddie Mac: Mortgage rates remain steady Objectives The Fund seeks a high and stable rate of current income, consistent with long-term preservation of capital. A secondary objecti ve is to take advantage of opportunities to realize capital appreciation. Strategy The Fund invests in a diversified portfolio consisting primarily of investment-grade debt securities, including government and
that foreclosures started to pick up. In April. low levels of foreclosure activity, but are experiencing housing market conditions that. washington metro area, 1980 -2007. 0. purchased from RealtyTrac are “cleaned,” meaning that all possible efforts have been.. 100 120 140 160 180 200 220 240 260.
The biggest annual increase in foreclosure activity last month was found in Baltimore, where filings were up 296 percent from October 2012, marking the 13th consecutive month with an annual increase in activity. Other metros making up RealtyTrac’s top-five for foreclosure increases included Washington, D.C. (+48 percent; fifth consecutive month with an annual increase); New York (+20 percent; 16th consecutive increase); Philadelphia (+15 percent; eighth consecutive annual increase); and.