Settlement

Two new data reports highlight the state of foreclosure and mortgage delinquencies
Two new data reports highlight the state of foreclosure and mortgage delinquencies.   ATTOM Data Solutions’ new Midyear 2017 U.S. Foreclosure Market Report determined there were 428,400 properties with foreclosure filings in the first six months of this year, a 20 percent drop from the same time... Keep Reading....
Spiegel Accountancy has formed an alliance with Bedford Cost Segregation to assist its mortgage lending clients in applying research and development tax credits as a beneficial tax strategy
Spiegel Accountancy has formed an alliance with Bedford Cost Segregation to assist its mortgage lending clients in applying research and development tax credits as a beneficial tax strategy.   While the R&D tax credit has been around since 1981, it was recently made permanent and the incentives... more
Fannie Mae and Freddie Mac completed 16,521 foreclosure prevention actions in April, according to new data from their regulator, the Federal Housing Finance Agency (FHFA)
Fannie Mae and Freddie Mac completed 16,521 foreclosure prevention actions in April, according to new data from their regulator, the Federal Housing Finance Agency (FHFA).   During April, the government-sponsored enterprises reported 11,328 permanent loan modifications. The share of modifications... more
Nearly 5.5 million residential properties were seriously underwater during the first quarter
Nearly 5.5 million residential properties were seriously underwater during the first quarter, up from the 5.4 million level in the fourth quarter of 2016 but lower than the 6.7 million level in the first quarter of 2016, according to new statistics form ATTOM Data Solutions. Seriously underwater... more
There were 30,000 permanent loan modifications completed in February
There were 30,000 permanent loan modifications completed in February, up from 29,000 in January, according to new data from HOPE NOW. Within the total number of modifications, an estimated 20,000 were through proprietary programs and 9,445 were completed via HAMP.   During February, there were... more