Settlement

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... Keep Reading....
The U.S. foreclosure inventory plummeted 29.1 percent in July on a year-over-year measurement
The U.S. foreclosure inventory plummeted 29.1 percent in July on a year-over-year measurement, while the volume of completed foreclosures fell from 41,000 in July 2015 to 34,000 one year later, a 16.5 percent slide, according to new data from CoreLogic. The national foreclosure inventory included... more
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