A federal monitor is investigating whether Ocwen Financial Corp. is treating borrowers fairly after a whistleblower said the company may have improperly influenced which mortgages were picked for a compliance review.
The home-building business is closing the year on a down note.
After a furious run-up in home prices in 2013, the Southern California housing market flattened out this year — setting the stage for slow but steady growth next year.
National business banking lender CIT Group Inc. stands to collect more than $1.4 billion from federal regulators to cover future losses should its purchase of OneWest Bank in Pasadena be approved.
As the year draws to a close, Southern California's housing market remains stuck in low gear.
Question: Our board and management are highly skilled at circumventing laws by using delay tactics for owner requests. Our association's accounting consists of nothing more than unverifiable summaries presented as fact. Management even announced they shredded everything before 2006 per board...
On the heels of the movement to add green features to multiple listing service postings, listing accessibility features is also gaining steam.
So you've begun thinking about selling your house and you figure: Let's wait until the spring or early summer before listing. The yard will look its best and potential buyers will be out in force. And everybody knows that winter is dead time for real estate.
When it comes to buying a house, are you in the "no way I could possibly qualify" category? Not enough cash in the bank for a down payment or closing costs? Credit scores good but not great? So much deferred student loan debt that you assume any lender would slam the door?