DS News

DS News

Economist Breaks Down Why Obama Omitted Housing Policy From State of the Union Address

By Brian Honea Aside from a brief reference to his announcement two weeks ago that the Federal Housing Agency (FHA) would be lowering its mortgage insurance premiums, President Barack Obama did not mention housing policy Tuesday night during his hour-long State of the Union Address. The post Economist Breaks Down Why Obama Omitted Housing Policy From State of the Union …

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Four Banks Reach $2.7 Million Settlement With Massachusetts AG Over Foreclosure Violations

By Brian Honea Four national banks agreed to pay a combined $2.7 million in penalties to resolve claims that they unlawfully foreclosed on properties in Massachusetts, according to an announcement from Massachusetts Attorney General Martha Coakley. The post Four Banks Reach $2.7 Million Settlement With Massachusetts AG Over Foreclosure Violations appeared first on DSNews. Via:: Four Banks Reach $2.7 Million …

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Freddie Mac: Households, Businesses Should Take Advantage of Positive Housing Opportunities While They Last

By Brian Honea Freddie Mac cited a number of positive opportunities for housing to start 2015, but households and businesses should take advantage of them because those opportunities may be limited, according to the GSE’s January 2015 U.S. Economic and Housing Market Outlook released on Tuesday. The post Freddie Mac: Households, Businesses Should Take Advantage of Positive Housing Opportunities While …

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Gap Widens Between Non-Foreclosure Solutions and Foreclosure Sales

By Brian Honea HOPE NOW Non-foreclosure solutionsThe gap between non-foreclosure solutions and foreclosures widened even further in November 2014, according to data recently released by HOPE NOW, the voluntary private sector alliance of mortgage sevicers, investors, and non-profit counselors. The post Gap Widens Between Non-Foreclosure Solutions and Foreclosure Sales appeared first on DSNews. Via:: Gap Widens Between Non-Foreclosure Solutions and …

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Obama Stresses Nation’s Economic Growth in State of the Union Address

By Krista Franks Brock “The shadow of crisis has passed, and the state of the union is strong,” the president said early in his speech. The nation has experienced “the fastest economic growth in over a decade, our deficits cut by two-thirds, a stock market that has doubled, and health care inflation at its lowest rate in fifty years,” Obama …

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Survey: Investors Preferred Flipping to Renting in Q4

By Brian Honea A nationwide survey of real estate investors bidding on properties offered for auction during the fourth quarter of 2014 revealed that flipping was the preferred investing strategy over renting, according to Auction.com’s Q4 2014 Real Estate Investor Activity Report. Though various reports have suggested in the last year that flipping opportunities are dwindling, Auction.com’s latest survey affirms …

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DS News Webcast: Wednesday 1/21/2015

By Jordan Funderburk A nationwide survey of real estate investors bidding on properties offered for auction during the fourth quarter of 2014 revealed that flipping was the preferred investing strategy over renting, according to Auction.com’s Q4 2014 Real Estate Investor Activity Report. Though various reports have suggested in the last year that flipping opportunities are dwindling, Auction.com’s latest survey … …

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Fabrizio & Brook Announces New Appointments

By Brian Honea Michigan-based default services law firm Fabrizio & Brook, PC, has announced the addition of attorney Cheryl D. Cook to its litigation team and the promotion of Stefan Zaryczny as the firm’s director of information technology. The post Fabrizio & Brook Announces New Appointments appeared first on DSNews. Via:: Fabrizio & Brook Announces New Appointments       

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