CoreLogic: Hurricane Sandy Could Cause Nearly $80 Billion in Property Damage
CoreLogic has released data showing potential exposure to residential property damage from hurricane-driven storm-surge flooding as Hurricane Sandy makes its way toward the U.S. Atlantic Coast.Click to...
View ArticleHUD Announces Foreclosure Protection for Victims of Storm in Connecticut
U.S. Department of Housing & Urban Development (HUD) Secretary Shaun Donovan has announced that HUD will speed federal disaster assistance to the State of Connecticut and provide support to...
View ArticleHUD Speeds Disaster Relief in Connecticut for Hurricane Sandy Victims
U.S. Department of Housing & Urban Development (HUD) Secretary Shaun Donovan has announced that HUD will speed federal disaster assistance to the State of Connecticut and provide support to...
View Articlea la mode Steps Up With Hurricane Sandy Relief Efforts
As mortgage lender orders for disaster inspection reports surged to more than 200 times the normal level in the aftermath of Hurricane Sandy, technology provider a la mode inc. announced that its...
View ArticleHousing Scorecard Reports Nearly 1.3 Million Assisted Making Home Affordable...
The U.S. Department of Housing & Urban Development (HUD) and the U.S. Department of the Treasury have released the October edition of the Obama Administration's Housing Scorecard, a comprehensive...
View ArticleHabib: Hurricane Sandy Aftermath to Stunt Growth of Housing Market
Hurricane Sandy may slow the recovery of the U.S. housing market, predicts Barry Habib, chief market strategist at Residential Finance Corporation (RFC), a nationwide mortgage lender. “The housing...
View ArticleTwo New Prospect Mortgage Offerings to Benefit Victims of Hurricane Sandy
Prospect Mortgage LLC has announced that it is offering two loan programs that can help those impacted by Hurricane Sandy rebuild their lives. These Federal Housing Administration (FHA) programs...
View ArticleNew York Attorney General Warns Wells Fargo Not to Violate National Mortgage...
New York Attorney General Eric T. Schneiderman has warned Wells Fargo to reverse a new policy that temporarily suspends review of mortgage relief applications from New York homeowners, many of whom are...
View ArticleExisting Home Sales Rise 2.1 Percent in October
Sales of existing homes increased in October, even with some regional impact from Hurricane Sandy, while home prices continued to rise due to lower levels of inventory supply, according to the National...
View ArticleFHA Allowing Additional Closing Time for Hurricane Sandy Victims
Due to the devastation caused by Hurricane Sandy for homeowners and businesses, the Federal Housing Administration (FHA) is granting additional time for the closing of loans for properties located in...
View ArticleFHA Extends Foreclosure Relief to Disaster-Stricken Areas
The Federal Housing Administration (FHA) has published Mortgagee Letter 2012-23 to help families with FHA-insured mortgages struggling to repair or rebuild their homes in the wake of major disasters...
View ArticleHUD Cuts Red Tape to Assist Displaced Storm Victims
To expand housing options for families displaced by Hurricane Sandy, the U.S. Department of Housing & Urban Development (HUD) announced that it is giving public housing agencies greater flexibility...
View ArticleHurricane Sandy Tops CoreLogic Natural Hazard Risk Summary
CoreLogic has released its annual Natural Hazard Risk Summary and Analysis detailing the most significant natural disasters that struck the United States in 2012. The report provides an analysis of the...
View ArticleOpen Source Software Movement Supported by Ernst Publishing
Ernst Publishing Company, a provider of technology and closing cost data for the real estate and home finance industries for the past 20 years, has announced that the company’s technology development...
View ArticleFannie Mae Extends Hurricane Sandy Aid
Fannie Mae announced that it will extend the suspension of foreclosure sales and eviction lockouts for borrowers impacted by Hurricane Sandy. The new 90-day extension applies to homeowners with...
View ArticleFHA to Speed Up Approval Process of NY and NJ Victims of Superstorm Sandy
U.S. Housing and Urban Development Secretary Shaun Donovan, who also chairs President Obama’s Hurricane Sandy Rebuilding Task Force, has announced that the Federal Housing Administration (FHA) will...
View ArticleNational Delinquency Rate Drops to 7.09 Percent in Q4
The delinquency rate for mortgage loans on one- to-four-unit residential properties fell to a seasonally adjusted rate of 7.09 percent of all loans outstanding at the end of Q4 of 2012, the lowest...
View ArticleSandy Recovery Money to be Expedited by NY Governor
New York Gov. Andrew M. Cuomo has announced that Fannie Mae and Freddie Mac have agreed to the State’s request for new rules to accelerate the release of insurance proceeds to homeowners affected by...
View ArticleChasing Grants Deferments to Those Impacted by Superstorm Sandy
Chase has announced that it is allowing homeowners affected by Hurricane Sandy to defer payments missed during the moratorium to the end of the loan term. To be eligible, customers must have been...
View ArticleNationwide Housing Recovery Takes Q2 by Storm
Veros Real Estate Solutions has announced that analysis of its data shows that the housing recovery is moving full steam ahead as we enter the second quarter of 2013. This is the conclusion of the...
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