Rising Homeownership Costs Lead to Increased Mortgage Delinquencies
Cotality reports an increase in serious mortgage and property tax delinquencies, highlighting financial pressures faced by homeowners amid rising costs.
Cotality reports an increase in serious mortgage and property tax delinquencies, highlighting financial pressures faced by homeowners amid rising costs.
Retirement facilities face challenges when the housing market stalls, as they depend on large upfront fees to manage debt and sustain their operations.
RedKey expands its portfolio by merging with RE Source, adding seven commercial agents to its team of 200 residential agents, enhancing service offerings.
"HUD implements a 90-day foreclosure moratorium on FHA mortgages in Texas, addressing the urgent needs of flood-affected homeowners and private lenders."
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FTC to reimburse 960 consumers affected by a home improvement finance firm, providing checks and PayPal payments to impacted individuals.
Fannie Mae and Freddie Mac will now accept the VantageScore 4.0 credit model, while still using tri-merge scores from three bureaus for evaluation.
The Minnesota MLS adopts NAR’s mandatory Multiple Listing Options policy but will continue to exclude delayed listings, impacting private lender strategies.
Skydan Group introduces a program allowing homeowners to purchase a new home before selling their current one, addressing market pressures and enhancing flexibility.
Plaintiffs in the Bandy suit seek reconsideration for a motion to compel arbitration, following the March dismissal, highlighting ongoing legal complexities.