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CFPB Details Reverse Mortgage Complaints
In a paper on the issue, the Consumer Financial Protection Bureau (CFPB) says that "Many older consumers and their families are confused and frustrated by the terms and conditions of reverse mortgages." Since it began accepting them in December 2011 CFPB
Foreclosures Down 66 Percent From Peak, but Still Twice Normal
Foreclosures during the 12 months ended on December 31 were the lowest recorded in the U.S. over that time period since November 2007 CoreLogic said today. The total of completed repossessions during the period was 563,294 and December was the 34 th straight
Optimism Buoys National Housing Survey Results
Fannie Mae said today that its monthly National Housing Survey (NHS) portrayed increasing optimism as both employment and overall economic figures improved. More respondents reported their own financial situations were improving and attitudes toward housing
Latest Articles
By John Gittelsohn August 24, 2020, 4:00 AM PDT Some of the largest real estate investors are walking away from Read More...
Late-Stage Delinquencies are SurgingAug 21 2020, 11:59AM Like the report from Black Knight earlier today, the second quarter National Delinquency Survey from the Read More...
Published by the Federal Reserve Bank of San FranciscoIt was recently published by the Federal Reserve Bank of San Francisco, which is about as official as you can Read More...