Are HOAs Taking Advantage of Mortgage Servicers?
While Homeowner Association liens for unpaid assessments typically have priority over second mortgages and other junior liens (because the HOA liens may “relate back to” the HOAs’ previously-recorded declarations), first [...]
Five-Year Castle Case Comes to a Close
The defendants, including Larry Castle and Caren Castle, in State of Colorado v. The Castle Law Group, LLC, et al.,recently gained a major victory in the five-year case when Denver [...]
Fewer Jobless, but Less Job Growth in March
Fewer people were out of work in March, according to the Bureau of Labor Statistics. But at the same time, fewer new jobs were created last month than in almost [...]
DOJ Requests Argument Time in CFPB Case
The D.C. Circuit court allows for 30 minutes per side for oral argument. In its request for argument time, the DOJ stated that because “our position in this case does [...]
Changing With the Times
Working with regulators, federal agencies, state and local governments, code officials, clients, and other parties requires continued vigilance and understanding of specific, unique requirements. When a change is made at [...]
Conforming Loans Can’t Keep Up
Analyzing data from Ellie Mae’s AllRegs Market Clarity tool, the Mortgage Bankers Association determined that its Mortgage Credit Availability Index increased 3.2 percent in March. However, conforming loans access decreased [...]
Industry Leaders Meet in D.C.
This week, top figures from the mortgage servicing industry and the government met in Washington, D.C., at the National Mortgage Servicers Association member meeting and the Five Star Government Forum. [...]
National Bankruptcies Nearly Doubled in March
Bankruptcy filings nationwide took a sharp uptick in March. The latest report on bankruptcy filings by Epiq Systems shows bankruptcies nearly doubled compared to February. Filings were also up in [...]
New Jersey, Illinois, Texas Demand Highest Property Taxes
According to a new analysis of property tax data, property taxes are highest in the NE, with New Jersey resident’s paying more than twice that of the national average. Following [...]