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Quarterly Foreclosure Activity Drops to Lowest Level In Eight Years

Posted on June 23, 2015 by

Michael Urbanski Posted in Foreclosures, Real Estate

Foreclosure filings—default notices, scheduled auctions and bank repossessions—were reported on 313,487 U.S. properties in the first quarter of 2015, down 7 percent from the previous quarter and down 8 percent from the first quarter of 2014 to the lowest quarterly …

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Tagged with: atlantic city, bank repossession, florida, foreclosure, foreclosure market, foreclosure process, hawaii, illinois, kansas, lakeland, market report, maryland, massachusetts, miami, michigan, missouri, nevada, new jersey, ocala, reo, rockford, ushud, virginia, winter haven

Quicken Loans Sues Justice Department and HUD

Posted on June 17, 2015 by

Michael Urbanski Posted in Foreclosures, Real Estate

Quicken Loans, the nation’s largest Federal Housing Administration (FHA) mortgage lender, filed suit Friday in Federal District Court against the United States Department of Justice (DOJ) and Department of Housing and Urban Development (HUD). The company was left with no …

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Tagged with: constitution, dc, department of housing and urban development, department of justice, doj, federal court, federal housing administration, FHA, goodwin proctor, hud, insurance, insurance premium, Justice Department, lawsuit, lender, michigan, morganroth, Quicken Loans, sue, washington d.c.