Regulations can’t spell the end of mortgage loan fraud

Regulations can’t spell the end of mortgage loan fraud

There were plenty of real estate loan scams before the feeding frenzy of the early 21st century, and later, piranhas didn’t go extinct just because …

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Foreclosures Down 16 Percent Year-Over-Year in Q3

Foreclosures Down 16 Percent Year-Over-Year in Q3

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Americans face post-foreclosure hell

Americans face post-foreclosure hell

Using a legal tool known as a deficiency judgment, lenders can ensure that borrowers are haunted by these zombie-like debts for years, and …

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FHFA Said to Plan Steps to Ease Lending to Riskier Buyers

FHFA Said to Plan Steps to Ease Lending to Riskier Buyers
Bloomberg | October 17, 2014
Fannie Mae, Freddie Mac and their regulator are nearing agreement with mortgage issuers on efforts to boost lending and ease banks’ concerns that they will get stuck with bad loans when borrowers default.

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Builders Losing Confidence

Builders Losing Confidence
Realtor Mag | October 17, 2014
After four consecutive months of gains, builder confidence in the new-home single-family market is slipping. The drop follows a nine-year high reached last month in the National Association of Home Builders/Wells Fargo Housing Market Index, which gauges builder perceptions on single-family home sales, sales expectations for the next six months, and prospective buyer traffic.

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Foreclosure Niche a Vanishing Business

Foreclosure Niche a Vanishing Business
Realtor Mag | October 17, 2014
As the number of foreclosed home sales rapidly falls, real estate professionals who specialize in foreclosure sales may want to start looking toward other areas of business, writes Lawrence Yun, chief economist for the National Association of Realtors on its Economists’ Outlook blog.

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DocMagic Acquires eSignSystems for $1.2 Million

DocMagic Acquires eSignSystems for $1.2 Million
by EVAN NEMEROFF
DocMagic acquired eSignSystems, the electronic signature and e-vault division of Wave Systems Corp. for $1.2 million, the companies announced Thursday.
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