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Major Changes Coming for Credit Reporting

by devteam March 10th, 2015

It was hailed by NBC news on Monday as the most radical change to credit reporting in decades and New York Attorney General Eric T. Schneiderman said his agreement with the three major national credit reporting agencies (CRAs) will reform the entire credit

Repeat Foreclosures Now Account for More Than Half of Total

by devteam March 10th, 2015

Black Knight Financial Service's current Mortgage Monitor Report takes an in-depth look at home affordability and foreclosure metrics, both based on January 2015 data. The company says that foreclosure starts, both first time and repeat, reached 12 month

More than 1 in 3 Home Sales All-Cash; Declining Slowly

by devteam March 10th, 2015

The share of all cash sales continue to fall in December along with the volume of distressed property sales. CoreLogic said on Monday that 35.5 percent of total home sales in December were all cash, down from 38.5 percent from December 2013 and 0.5 percent

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