Officials in Delaware file complaint against mortgage registry

The Delaware attorney general’s office recently filed a complaint against a company that registers mortgages electronically, claiming the enterprise uses deceptive trade practices on its customers. Continue reading

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Steps to a healthy housing market

Experts do not agree on what steps to take next to help the housing market.

In a piece for Business Insider, economic commentator Charles Smith identified essential steps that could lead to a healthy housing market, including eliminating federal housing agencies and dedicating resources to communities that can be supported by property taxes. Continue reading

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Housing market not recovering just yet

The housing market has yet to show signs of a strong recovery.

The U.S. Census Bureau recently reported that new home sales increased in September while home prices decreased. Continue reading

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Regulator considering forgiving mortgage debt

Regulators are debating whether or not to forgive home loans.

Regulator for Fannie Mae and Freddie Mac, Edward DeMarco, recently met with 19 House Democrats to discuss a proposal that would help struggling homeowners by forgiving a portion of their mortgage debt so they could avoid default. Continue reading

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Democrats and Republicans work together on housing solution

Democrats and Republicans are joining forces on new housing policies.

A bipartisan housing panel was recently created to help address the problems and find solutions for the issues affecting the housing market. Continue reading

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New Hampshire man convicted in mortgage scheme

A New Hampshire man was convicted of a mortgage scheme.

Boston Attorney General Martha Coakley said a former real estate investor was found guilty of a mortgage scheme that targeted home buyers and mortgage lenders in the area. Continue reading

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Survey: Home buyers are unrealistic about value appreciation

A new survey from Zillow revealed that a majority of prospective home buyers aren't well-educated in the process.

Despite the well-documented troubles in the housing market, 42 percent of prospective home buyers think home values appreciate by 7 percent a year, according to a Zillow survey. Continue reading

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Study finds foreclosures are unhealthy

A new study finds foreclosures are linked to depression.

A recent study from the University of Maryland found borrowers who are behind on their home loan payments and in threat of default report higher rates of depression. Continue reading

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Freddie Mac: Mortgage rates change little

Mortgage rates changed little last week.

Rates for a 30-year fixed-rate mortgage were down 0.01 percentage points for the week ending October 27 from the previous week, Freddie Mac announced. Continue reading

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Five-point plan discusses programs that could worsen the economy, housing market

President Obama's new housing plan has stirred up conversation among industry professionals.

Many comments and opinions came out of the recent New Solutions for America’s Housing Crisis Forum that the National Association of Realtors organized. Continue reading

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