PricewaterhouseCoopers Korpacz Real Estate Investor Survey sees fluctuation in commercial markets

National Mortgage Professional

Jun 16, 2008

Hawaii amends non-judicial foreclosure lawsMortgagePress.comHawaii, foreclosure laws, Linda Lingle, SB 2454 On June 3, Hawaii Gov. Linda Lingle signed SB 2454, which amends Hawaii non-judicial foreclosure laws. Under the new law, any mortgagee that forecloses under a power of sale must now be represented by an attorney who is licensed to practice law in Hawaii and is physically located in Hawaii. In addition, the new law requires the foreclosing mortgagee or attorney to provide information regarding the foreclosure, such as the amount required to cure the default, to entitled parties upon request. The new law became effective on June 3. For a copy of SB 2454, click here.

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Jun 16, 2008

Analysis and Data

N.Y. Fed: Short-Term Home Price Expectations Drop Sharply

Average one-year-ahead home-price growth expectations fell to 2.6%, the lowest reading since the survey began in 2014.

U.S. households participating in the Federal Reserve Bank of New York’s annual housing survey said they expect home prices over the next 12 months to increase at the slowest pace since the survey began in 2014. In contrast, the federal bank said, home price expectations ov...

Courts

Brokers Seek To Use UWM, Ishbia Claims Against Them in Ultimatum Suit

Brokers in Florida antitrust lawsuit say UWM's latest market share claims, Ishbia comments prove their case.

United Wholesale Mortgage (UWM)) Chairman & CEO Mat Ishbia was delighted to announce earlier this month that his company had claimed more than half (54%) of the wholesale lending channel during the fourth quarter of last year. That revelation, however, is now the latest...