Monday, August 2, 2021

Archives

FEMA

FEMA Offers Free Rebuilding Tips at Local Home Improvement Stores

National
Disaster survivors affected by the severe storms and floods from Tropical Storm Imelda, can visit local home improvement stores in Houston, Pasadena and Webster for rebuilding tips from mitigation experts.
Everything You Need to Know About Home Foreclosure

Everything You Need to Know About Home Foreclosure

National
In the first quarter of 2021, a staggering 33,699 properties in the US had foreclosure filings. That represents a whopping 9% increase from the previous quarter.
Beachfront foreclosure this summe

Why buy a beachfront foreclosure this summer

National
A foreclosure is 2 things combined, the first thing is a property and the second is a process. So property and process. Let's go over what the process consists of. If a tenant is living in a property and misses approximately 2 or 3 payments, they will fall into what is called default.
Buying a Foreclosed House

Questions to Ask When Buying a Foreclosed House

National
Planning to buy Myrtle Beach SC foreclosures but don't know the right questions to ask? Many people would love to buy a foreclosed house since it is usually cheaper and comes with few advantages. However, buying a foreclosed property is completely
NeighborWorks America

NeighborWorks America housing scam experts available for interviews

National
In a matter of days, moratoriums are set to expire as millions of people are still struggling to pay their mortgage and rent. Meanwhile, scammers are selling them false solutions. The Consumer Financial Protection Bureau advises that as many as 11
Real Estate Market

THE REAL ESTATE MARKET OUTLOOK FOR 2021

National
Nobody could ever foresee a global pandemic moving into 2020. It’s spread has left a global economic crisis, businesses counting losses and not forgetting the countless government initiatives to enforce lockdown measures such as social distancing and travel restrictions in aid to tackle the spread
USDA

Biden Administration Announces Another Foreclosure Moratorium and Mortgage Forbearance Deadline Extension That Will Bring...

National
The U.S. Department of Agriculture announced an extension of eviction and foreclosure moratoriums on USDA Single Family
USDOJ

Biden Administration Announces Foreclosure Moratorium and Mortgage Forbearance Deadline Extension That Will Bring Relief...

National
USDA Extends Evictions and Foreclosure Moratorium to March 31, 2021 and Provides Additional Guidance for Servicing Loans Impacted by COVID-19
Buy Foreclosed Home in Orlando

Should You Buy Foreclosed Home in Orlando?

National
Buying a house is the moment you are both stressed out and incredibly happy at the same time. Not everyone is in a favorable financial situation for this expense, so choosing a new living space is one of the biggest things in life for many people.

Statement from NFHA President and CEO Lisa Rice on HUD’s COVID-19 Response

National
The National Fair Housing Alliance (NFHA) applauds recent steps taken by the Department of Housing and Urban Development (HUD) and the Federal Housing Finance Agency (FHFA) to assist homeowners affected by the COVID-19 crisis. Implementing a moratorium on foreclosures and foreclosure-related evictions for at least 60 days is a good first step in helping

House Democrats’ COVID-19 Response Bill Prioritizes Working Families, Provides Relief for Consumers & Borrowers

National
U.S. House of Representatives Speaker Nancy Pelosi (D-Calif.) and the House Democratic Caucus introduced their COVID-19 stimulus package, Take Responsibility for Workers and Families Act. Among the proposals, the bill includes provisions that support student loan debt cancellation and a halt on home foreclosures
HUD - U.S. Department of Housing and Urban Development

HUD PROVIDES IMMEDIATE RELIEF FOR HOMEOWNERS AMID NATIONWIDE CORONAVIRUS RESPONSE

National
U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson, in consultation with the Trump Administration and the Coronavirus Task Force, today authorized
MBA

Mortgage Delinquencies Decrease in Fourth Quarter of 2019

National
The delinquency rate for mortgage loans on one-to-fourunit residential properties decreased to a seasonally adjusted rate of 3.77 percent of all loans outstanding at the end of the fourth quarter of 2019
Foreclosure Process

When the Hammer Falls: A Look Into the Foreclosure Process

National
Have you wondered what the process is for a foreclosure on a property? According to Attom Data, 362,275 homes in the U.S. foreclosed last year.
Congresswoman Eleanor Holmes Norton

Before Veterans Day Weekend, Norton to Introduce Veterans Legal Support Act

National
Congresswoman Eleanor Holmes Norton (D-DC) announced today she will introduce the Veterans Legal Support Act of 2019, which would allow the U.S. Department of Veterans Affairs (VA)
Life After Foreclosure

Life After Foreclosure: Advice for Becoming a Homeowner Again

National
This is probably what will ring through your mind when you decide to take the journey toward homeownership after foreclosure. The first journey is still fresh in your memory; bruising and full of financial and regulatory obstacles.

Read NRMLA’s Statement to USA Today

National
On June 13, NRMLA President and CEO Peter Bell submitted the following statement to USA Today in response to the investigative series of articles on HECM foreclosures written by reporters Nick Penzenstadler and Jeff Kelly Lowenstein.
Short Sale

What is a ‘Short Sale’?

In East Bay real estate terminology, short sales refer to the house being sold lesser than the mortgage owed by the seller. The house will only be for short sale with the lender’s approval. It is a tedious process which requires a lot of paper works and the decision might take a year.
USDOJ

Justice Department Obtains $750,000 From PHH Mortgage Corp. for Unlawfully Foreclosing on Servicemembers’ Homes

The Justice Department today announced that PHH Mortgage Corporation (PHH) has agreed to pay $750,000 to six servicemembers to resolve allegations that it violated
HUD - U.S. Department of Housing and Urban Development

HUD ANNOUNCES DISASTER ASSISTANCE FOR CALIFORNIA FIRE VICTIMS

The U.S. Department of Housing and Urban Development (HUD) today announced it will speed federal disaster assistance to the State of California and provide support to homeowners and low-income renters forced from their homes in areas affected by wildfires

Business Real Estate Press Releases

FEMA

FEMA Offers Free Rebuilding Tips at Local Home Improvement Stores

Disaster survivors affected by the severe storms and floods from Tropical Storm Imelda, can visit local home improvement stores in Houston, Pasadena and Webster for rebuilding tips from mitigation experts.

Recent Gov & Nonprofit Real Estate Press Releases

AGC

NONRESIDENTIAL CONSTRUCTION SPENDING FALLS AGAIN IN JUNE, DRIVEN BY BIG DROP...

Construction Officials Call for Swift Passage of the Bipartisan Infrastructure Bill, Noting the Measure Will Help Offset Continued Declines in Nonresidential Construction Activity and Create Sector Jobs