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Recent Posts
- Bay Area adjustable-rate mortgages return as interest rates rise
- San Francisco’s Housing Market Is Cooling Faster Than Rest of the Region
- Housing Deconstructed Newsletter: Bay Area Housing Market Cooling Down, Burned Out House Listed for $765k, and SJ Offers RV Owners $500
- SF can follow Calgary and turn empty downtown offices into housing
- Bay Area ‘Western White House’ sells far below asking price
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Tag Archives: Paperwork
Big Banks Pushed to Outsource Mortgages
In the wake of the financial crisis and still in the midst of the foreclosure mess, the Consumer Financial Protection Bureau announced new rules for mortgage servicers designed to protect borrowers and get them faster, more effective and informative service. … Continue reading
Posted in Real Estate News
Tagged Borrowers, Cfpb, Coo, Delinquency, Delinquent Loans, Financial Crisis, Foreclosure, homes millbrae, Informative Service, Midst, Mortgage Bankers Association, Mortgage Banks, Mortgage Delinquencies, Mortgage Markets, Paperwork, Period Of Time, Portfolio Advisors, Scandal, Second Quarter, Strategic Partner, Wingspan
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Bay Area foreclosure slowdown continues
Foreclosure activity in both the East Bay and the Bay Area fell in February as lenders made changes to foreclosure procedures in response to the robo-signing scandal. February’s numbers were a reversal of what happened in January, when the number … Continue reading
Mortgage Delinquencies Turn a Corner
Page 1 of 2 | Next PageShow Entire Article Fewer Americans are falling behind on their mortgage payments; in fact, the fewest in two years. Mortgages just one payment past due (30 days) fell to their lowest level since just … Continue reading
Posted in Real Estate News
Tagged Brinkmann, Chief Economist, Corpses, Delinquency, Diplomats, Feds, Financial Disaster, Foreclosure, Government Shutdown, homes millbrae, Libya, Mortgage Bankers Association, Mortgage Delinquencies, Mortgage Market, Mortgage Payments, Paperwork, Ponzi Scheme, Recession, Trigger Finger, Unemployment Insurance, Warren Buffett
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Will Banks Be Forced to Reduce Loan Principal?
Page 1 of 5 | Next PageShow Entire Article I’m reporting today from a Wells Fargo two-day mortgage modification event in Portland, OR. This is the 20th such event WFC has held since September of 2009, meeting face to face … Continue reading