CFPB Takes Action Against Fay Servicing For Unlawful Foreclosures, Violating Court Order
The order mandates a $5 million payment in redress and penalties, imposes compensation limits on CEO Edward Fay
July's Pending Home Sales Hit Historic Low
More home-purchase agreements canceled than any other July on record
Real Estate Investors Returning To Buying Ways
San Jose and Las Vegas home to 27% year-over-year growth in investor purchases
Jordan Higgins Joins AmeriHome's Correspondent Team
Tampa resident to oversee sales in the southeastern U.S.
U.S. Foreclosure Starts Increased 18% In July
July 2024 saw 31,929 properties with foreclosure filings, with the greatest numbers of foreclosure starts in California, Florida, and Texas
Home Prices Expected To Decelerate
CoreLogic forecasting only small increase by next summer
Hot Commodities: More People Are Moving Into Fire-And Flood-Prone Areas
Redfin reported that high-fire-risk counties saw 63,365 more people move in than out in 2023.
Home Insurance Costs, Coverage Worsening In 2024
Two-thirds of U.S. homes are underinsured as coverage amounts fail to keep pace with rising premiums, new report shows.