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OCC: Home Retentions Nearly Triple Home Forfeiture Actions

by devteam June 28th, 2014

The percentage of current and performing mortgages serviced by large national and federal savings banks improved by more than a percentage point during the first quarter of 2014 the Office of the Comptroller of the Currency (OCC) said today. At the end

Housing Improving but Rental Crisis Looms

by devteam June 28th, 2014

The U.S. housing recovery should regain its footing, but also faces a number of challenges . Tight credit, still elevated unemployment, and mounting student loan debt among young Americans are responsible for moderating growth and keeping millennials

Surprise! Bank-Owned Properties Actually Sell For More!

by devteam June 28th, 2014

RealtyTrac recently analyzed residential sales over the year that ended in March to determine what drives discounts in the market value or premiums in the sales price for distressed properties. They looked at four factors, foreclosure status, occupancy

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