Settlement

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... Keep Reading....
Equator has announced the launch of Equator Agent Elite
Equator has announced the launch of Equator Agent Elite, a premium suite of tools for REO real estate agents that adds transparency and actionable insight to the real estate-owned (REO) market. Equator Agent Elite provides agents access to Equator’s local REO market insights, real-time notification... more
In what could be the stepping stone for a major change in U.S. law, the Nevada Supreme Court is hearing a case that could determine whether the non-judicial foreclosure process is unconstitutional if it is used by investors and speculators for purchasing homes at a fraction of their value by paying... more
A judge in Michigan’s Wayne County has denied a motion by the state chapter of the American Civil Liberties Union (ACLU) to halt tax foreclosures on local residential properties
A judge in Michigan’s Wayne County has denied a motion by the state chapter of the American Civil Liberties Union (ACLU) to halt tax foreclosures on local residential properties, arguing that such an action would be deleterious to the financial well-being of school districts and municipal... more
A housing advocacy group is planning to file a discrimination complaint with the Department of Housing and Urban Development
A housing advocacy group is planning to file a discrimination complaint with the Department of Housing and Urban Development that alleges Bank of America has intentionally neglected foreclosed properties in predominantly minority neighborhoods while lavishing more attention on foreclosed homes in... more