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What is a ‘Zombie Mortgage’?
New York Times· 5 days agoAs home prices continue to soar, zombie mortgages are seeing a “second wave,” said David Weber, a professor at the Creighton University School of Law....
Cape Coral pauses foreclosure prevention program due to 'overwhelming' demand
NBC 2 Fort Myers· 6 days agoThe city of Cape Coral has stopped taking applications for help paying late mortgages due to an...
California appellate court upholds ruling on debt collection practices | JD Supra
JD Supra· 4 days agoPlaintiff had filed a class action lawsuit against the defendants, alleging that they had violated the FDCPA and California’s Unfair Competition Law (UCL) in their debt collection practices ...
CFPB takes enforcement action against former HECM servicing contractor - HousingWire
HousingWire· 2 days agoThe Consumer Financial Protection Bureau (CFPB) on Tuesday announced a series of enforcement actions...
Housing Market 2024: 6 Factors To Consider Before Selling Your Home
GoBankingRates via AOL· 13 hours agoSo you're thinking of selling your home, but you're not totally sure yet. Maybe the size of your...
How long should I keep mortgage statements and documents?
Bankrate via AOL· 6 days ago“For instance, your homeowners insurance agent may request some of this paperwork, particularly if...
US big banks face growing spillover risks from non-banks
Reuters· 9 hours agoNon-bank financial institutions pose an increasing risk to America's big banks, the Federal Reserve...
What happens to your mortgage after you die?
AOL· 3 days agoFor most of us, our home is the largest asset we can pass on to our heirs when we die. The average mortgage debt carried by homeowners ages 59 to 77 is...
The history of home (un)affordability
Bankrate via AOL· 2 days agoFor example: Property taxes: As home prices have increased, so has the amount of taxes collected on them. Property taxes increased 7 percent nationally...
The Most Rent-Burdened Midwest City Is in a Key Swing State, Posing Challenges for Biden's 2024...
San Francisco Chronicle· 16 hours agoEach April, when the local energy company again starts shutting off late-paying customers after its...