Tuesday , 27 October 2020

DS News

DS News

Investors Continue to Favor Flipping Over Renting by Narrowing Margin

By Brian Honea Overall investor intent in April’s survey showed that slightly more than half (50.4 percent) of investors preferred flipping as a strategy, while 48.3 percent of investors said they intended to employ a hold-to-rent strategy. This data compared with 53.5 percent and 44.8 percent, respectively, in Q1. The post Investors Continue to Favor Flipping Over Renting by Narrowing …

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DS News Webcast: Wednesday 5/12/2015

By Jordan Funderburk Completed foreclosures experienced another substantial year-over-year decline in March, moving even further away from their peak from nearly five years ago, according to CoreLogic’s March 2015 National Foreclosure Report released on Tuesday. Foreclosure inventory also fell substantially year-over-year in March, declining by 25.7 percent down to about 542,000 mortgages, about 1.4 percent of all mortgages nationwide. March …

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Study Shows Traditional Credit Scores May Not Be Accurate When Assessing Risk Millennials Pose

By Brian Honea Millennials were found to have to have lower credit scores in 80 percent of the categories that make up traditional credit scores such as mortgage loans, auto loans, credit cards, and other installment loan payment histories because many young adults simply do not have any credit history with these financial products, with the exception of student loans. …

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Goldman Sachs Ordered to Pay Australian Bank $100 Million for MBS ‘Conflict of Interest’

By Brian Honea Arbitrators from the Financial Industry Regulatory Authority (FINRA) awarded the $80 million compensatory request to NAB plus interest amounting to approximately $20 million, according to reports, bringing the total amount Goldman was ordered to pay up to approximately $100 million. The post Goldman Sachs Ordered to Pay Australian Bank $100 Million for MBS ‘Conflict of Interest’ appeared …

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Nevada Lawmakers Recommend Elimination of Foreclosure Mediation Program

By Brian Honea Nevada was one of the states affected most by the crisis. In response to the housing crash, back in 2009 the Nevada legislature created a Foreclosure Mediation Program. The members of a subcommittee of the Nevada Legislature recently voted to recommend the elimination of the program, however, after determining that the housing market has sufficiently recovered. The …

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Aspen Grove Solutions Adds Guardian Asset Management to Client List

By Brian Honea Property-centric technology solutions provider Aspen Grove Solutions (AGS), based in Frederick, Maryland, has announced the addition of Levittown, Pennsylvania-based property preservation and repair company Guardian Asset Management has been added to AGS’ list of clients. The post Aspen Grove Solutions Adds Guardian Asset Management to Client List appeared first on DSNews. Via:: Aspen Grove Solutions Adds Guardian …

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Foreclosure Inventory, Completions Continue Decline Toward Pre-Crisis Levels

By Brian Honea Foreclosure inventory also fell substantially year-over-year in March, declining by 25.7 percent down to about 542,000 mortgages (about 1.4 percent of all mortgages nationwide) – marking the 41st consecutive month of year-over-year declines, according to CoreLogic. In March 2014, there were about 729,000 residential homes, or 1.9 percent of mortgages nationwide, that were in some stage of …

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