Taking a look at the March Housing Scorecard, how the foreclosure settlement will affect consumers, broad improvements in the US real estate markets, and more in today's industry news round-up!
Senate Democrats Press GSE Regulator on Principal Reduction l Origination News
Thirty Democratic senators are urging the Federal Housing Finance Agency to evaluate the use of principal reduction as a "targeted solution" for assisting underwater borrowers with Fannie Mae and Freddie Mac loans.
Obama Administration Scorecard Gives Patchy Results, Delinquencies Down l DSNews.com
The Obama Administration released its March Housing Scorecard Friday, which showed delinquencies on a downward decline, while modifications continue to help struggling homeowners through reduced monthly payments. Foreclosure completions were down though, but delays are expected to pick up due to the mortgage settlement, which just received approval from a fe...
What the foreclosure settlement means for you l CNN Money - Real Estate
The $26 billion foreclosure settlement has finally been given the green light, making it possible for roughly two million of the nation's hardest hit borrowers to see a significant reduction in their mortgage payments.
Real estate success on the horizon according to high-level survey l The Title Report
A new Urban Land Institute survey of 38 leading real estate economists and analysts from across the United States projects broad improvements for the nation’s economy, real estate capital markets, real estate fundamentals and the housing industry through 2014.