November 25, 2014
Americans who lost their homes to foreclosure will be able to buy them back at current market value if the properties are owned by housing-finance giants Fannie Mae and Freddie Mac, the regulator of the two firms said Tuesday. Previously, the Federal ...Fannie, Freddie to Allow Debt Cuts for Foreclosed Borrowers - Bloomberg
Foreclosure rates for Grand Junction show the economy is improving in more ways than just one. Sine last September the foreclosure rate in Grand Junction has dropped from 1.18% to .76%. Real Estate Experts and Owner of Heiden Homes Realty, Toni ...
- U.S. regulators said that Wells Fargo needed to improve a crisis plan showing how it could be shut down calmly.
- India's state-run banks face major obstacles in their plans to raise as much as $60 billion in new capital over the next few years.
- China's central bank will wait until fourth-quarter economic data is out before considering any more rate cuts or easing.
- Solutionstar has hired Chad Neel as the company’s new executive vice president of servicing solutions. In this role, Neel will focus on launching new product, technology and service offerings for existing and new customers.
Earlier this year, Nationstar Mortgage Holdings, Inc. (NYSE: NSM) confirmed it would no longer originate reverse mortgages through its Greenlight Financial platform, but would continue to service its Home Equity Conversion Mortgage servicing portfolio, ...
- FirstKey is courting single-family rental investors by offering an expanded financing program. The company expects the program to reach both institutional and entrepreneurial investors seeking loans up to $5 million.
- WASHINGTON, Nov 25- The U.S. Federal Reserve on Tuesday proposed to impose tougher capital standards on General Electric's finance unit, one of a handful of non-bank firms deemed critically important to the health of the financial system. "GE Capital has been preparing for the enhanced regulatory standards provided for in the Dodd-Frank Act," company spokesman...
Foreclosure and mortgage delinquency rates in both the Fort Myers and Naples areas decreased in September, according to statistics released today by CoreLogic. In the Fort Myers-Cape Coral area, the foreclosure rate dropped to 3.2 percent in September ...CoreLogic: Improvement in Charlotte foreclosure activity falters - Charlotte Business Journal