Florida foreclosure mediation rule altered

The Supreme Court of Florida recently made a decision to amend civil procedures in foreclosure mediation cases, HousingWire reports.
The Supreme Court of Florida recently made a decision to amend civil procedures in foreclosure mediation cases, HousingWire reports. [More]


Banks agree to holiday break for foreclosures

Several of the nation's major banks have announced their intention to follow the lead set by GSEs Fannie Mae and Freddie Mac and suspend foreclosure proceedings for the holidays, beginning December 19 and ending January 2.
Several of the nation's major banks have announced their intention to follow the lead set by GSEs Fannie Mae and Freddie Mac and suspend foreclosure proceedings for the holidays, beginning December 19 and ending January 2. [More]


VA loan limit expiration approaches

Loan limits for mortgages guaranteed by the Department of Veterans Affairs will increase in some areas, The American Legion recently warned, unless Congress takes action to prevent it.
Loan limits for mortgages guaranteed by the Department of Veterans Affairs will increase in some areas, The American Legion recently warned, unless Congress takes action to prevent it. [More]


Mortgage applications drop, especially refinancing

Real estate data from the Mortgage Bankers Association (MBA) reveals the Market Composite Index decreased 11.7 percent in the week ending November 25.
Real estate data from the Mortgage Bankers Association (MBA) reveals the Market Composite Index decreased 11.7 percent in the week ending November 25. [More]


Freddie Mac: Mortgage rates drop below 4 percent once more

Homeowners have had two full months of mortgage rates sitting near record lows, as Freddie Mac reports home loan rates remained in that territory during the first week of December.
Homeowners have had two full months of mortgage rates sitting near record lows, as Freddie Mac reports home loan rates remained in that territory during the first week of December. [More]