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Current Regulations Failing to Address Biggest Foreclosure Driver

by devteam February 14th, 2015

Current regulatory policy is not addressing the primary cause of foreclosures . CoreLogic's deputy chief economists Sam Khater says, in an article on the company's blog, that, while lack of equity has long been known to play an important role in loan

Purchase Applications Suggest Rising New Home Sales

by devteam February 12th, 2015

Applications for mortgages to purchase newly construction homes increased by 29 percent in January. The Mortgage Bankers Association (MBA) said that based on this volume, which is not seasonally adjusted , it estimates that new home sales were running

Foreclosure Spikes Signal "Spring Cleaning" RealtyTrac says

by devteam February 12th, 2015

As the housing industry continues to recover we see occasional troublesome spikes in one statistic or another. RealtyTrac reported a couple of such statistics in its U.S. Foreclosure Market Report for January, surges that, at first glance look ominous

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