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Zombie infection in America In recent years, the term “zombie homes” has slowly grown in popularity as a term to describe the sitting foreclosures...
Underlying problem – lack of communication According to a report released this week by the Federal Housing Finance Agency (FHFA) inspector general, Freddie Mac...
Home values up for the first time in five years It has been five years since home values have increased nationally, according to the...
Newest attempt to “fix” housing- a Summit Oh, boy. We know there’s trouble when NAR not only requested, but is now planning to host...
Delinquencies on the rise With the unemployment rate still above nine percent, it is no surprise that the U.S. Mortgage Bankers Association (MBA) is...
IDX solutions Realtors are increasingly using IDX search in their websites and across social networks and in any place it can be embedded. We’ve...
NAR weighs in On Friday, the National Association of Realtors issued a statement as lawmakers worked diligently to achieve a compromise on the debt...
MERS backing out of foreclosures Mortgage Electronic Registration Systems (MERS) has recently come under fire, with several courts disputing their authority in the foreclosure...
Delinquency rates are up Lender Processing Services is reporting the total American loan delinquency rate of mortgage borrowers whose loans are 30 days or...
Foreclosure filings excite media outlets Just as it has been in recent history, low foreclosure filing numbers have traditional media outlets and misled bloggers...
Is the finger pointing resolved? The highly anticipated and already contentious Federal Crisis Inquiry Commission report has been released after a lengthy investigation into...
Hitting the bottom We are not economists although we closely monitor and study the national real estate economy for hours every day, pouring over...
Struggling real estate market finds its rising hot spot The current state of affairs in the housing sector as a whole is not exactly...
Current state of foreclosures In the last year, foreclosures have dropped nearly 30% with pundits singing the industry’s praises and news anchors claiming real...
Criminal investigation into four mortgage servicers Michigan Attorney General Bill Schuette announced today that an Ingham County judge has approved his subpoenas which he...
New housing starts data It must be noted that traditional news outlets continue to take housing stats out of context and call it good...
Bank of America versus the government According to the Housing and Urban Development (HUD), America’s largest lender, Bank of America “significantly hindered” a federal...
FDIC to appoint new leader As the federal bank regulator FDIC’s chairman Sheila Bair steps down from her five year term as of July...
Subpoenas issued The attorneys general in California and Illinois have issued subpoenas to Lender Processing Services, Inc. (LPS) which is said to process 50%...
FDIC files suit The Federal Deposit Insurance Corporation (FDIC) has filed a lawsuit accusing Lender Processing Services Inc. (LPS) of negligence and breaches of...