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Services for Real Estate Pros
Providing Cutting Edge Data and Information on the Evolving Real Estate Market With Occasional Commentary
RECENT BLOG POSTS
Putting struggling borrowers into mortgages with more manageable monthly payments via a loan modification is a key element of the industry's effort to cut the nation's foreclosure crisis short. A recent study by the Office of the Comptroller of the Currency (OCC) and the Office of Thrift Supervis...
07/13/2011
Emerging Trends in Real Estate is a trends and forecast publication now in its 32nd edition, and is one of the most highly regarded and widely read forecast reports in the real estate industry .Emerging Trends in Real Estate® 2011, undertaken jointly by the Urban Land Institute and PwC, provides ...
07/13/2011
Congressman Bill Posey (R-Florida) introduced a bill which would allow lenders to classify modified loans as accruing rather than non-accruing. The House Financial Services Committee’s Subcommittee on Financial Institutions and Consumer Credit held a hearing July 7th, 2011 to review the bill.  Th...
07/11/2011
WEEKLY MORTGAGE FORECLOSURE FILINGS REPORT (LEE COUNTY CIRCUIT) FILED BETWEEN 07/05/11 AND 07/08/11 07/05/11 Tuesday       27 07/06/11 Wednesday  18 07/07/11 Thursday     14 07/08/11 Friday          18 Weekly Total              77   BREAKDOWN: Commercial                   8 Homestead            ...
07/11/2011
  As of July 6, 2011, the FDIC has authorized suits in connection with 28 failed institutions against 248 individuals for D&O liability with damage claims of at least $6.8 billion. This includes 7 filed D&O lawsuits (1 of which has settled) naming 52 former directors and officers. The FDIC also ...
07/06/2011
EHLP is designed to provide mortgage payment relief to eligible homeowners experiencing a decrease in income of at least 15% directly resulting from involuntary unemployment or underemployment due to adverse economic conditions and/or a medical emergency. Other EHLP eligibility requirements inclu...
07/06/2011
  In its first year, the Financial Fraud Enforcement Task Force (FFETF) more than doubled the number of defendants charged with mortgage fraud.  FFETF is acclaimed as the largest coalition ever convened to confront fraud in the financial sector. It’s comprised of more than 25 federal agencies, re...
07/06/2011
According to a report released by the Federal Financial Crimes Enforcement Network Tuesday a total of 25,485 suspicious activity reports (SARs) involving mortgage fraud were submitted to the Financial Crimes Enforcement Network in the first quarter, up 31 percent from a year earlier.   In its fi...
06/29/2011
According to a report released by the Federal Financial Crimes Enforcement Network Tuesday a total of 25,485 suspicious activity reports (SARs) involving mortgage fraud were submitted to the Financial Crimes Enforcement Network in the first quarter, up 31 percent from a year earlier.   In its fi...
06/29/2011
  Nearly 16,000 Floridians have applied for mortgage help from the federal government's Hardest Hit Fund to prevent foreclosures. Since the $1 billion fund expanded statewide in late April, 554 homeowners have been approved and are awaiting payments, and 50 others have already received money. Nea...
06/29/2011