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Real Estate Great Investment, but Maybe not Right Now – Gallup

by devteam April 27th, 2015

Although a press release last week about a Gallup survey showed Americans view real estate as a better long term investment than stocks, gold, savings accounts, or bonds, another report from the company indicates they are less enthusiastic about buying

Attorney on Quicken's Lawsuit; Fixing Appraisal System; Final Rules on AMCs

by devteam April 26th, 2015

Many lenders are watching this battle of industry frustration from the sidelines: Quicken vs. the DOJ, and vice versa . Prior to the government suing Quicken, Matthew Schwartz , a former federal prosecutor who is now a partner at Boies, Schiller &

HUD Changes Distressed Loan Sale Requirements

by devteam April 26th, 2015

The Department of Housing and Urban Development (HUD) is tweaking its bulk loan sales program to give distressed borrowers a better shot at staying in their homes. HUD announced today that investors who purchase delinquent mortgages through the Department

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