Real Estate News – November 12, 2012

A dispute in a Unity, Pennsylvania neighborhood over an above-ground pool has gone to Westmoreland County Common Pleas Court, where a homeowners association has asked the court to order the pool removed on the grounds it violates the development’s regulations (via

Mortgage bankers and Realtors warn that it could become even harder for borrowers to qualify for a home loan early next year as the industry faces a collision of new rules (via

Builder Confidence in 55+ Housing Market Reaches 4-Year High (via

A Greenbrae, California attorney involved in what court officials called a bogus predatory lending lawsuit scheme and foreclosure rescue scam faces disbarment after a decision by a State Bar Court hearing judge this week (via

There is some relief on the horizon for homeowners affected by Superstorm Sandy: Most mortgage companies are offering breaks on mortgage payments (via

More Americans were late on their mortgage payments in September, as the national mortgage delinquency rate rose to its largest increase in four years, according to Lender Processing Services’ September Mortgage Monitor report (via REALTORMag):

Agents, Freddie Team Up to Crack Down on Landlord Fraud (via REALTORMag):

President Barack Obama’s re-election Tuesday is broadly positive for mortgage insurers and negative for banks, Guggenheim Securities analyst Jaret Seiberg said Wednesday (via

Two federal agencies are teaming up to create a national mortgage database they say will help them track emerging mortgage and housing market trends and support policymaking and research (via

Minnesota man whose home facing foreclosure is convicted of setting house on fire for insurance (via

Wells Fargo formally challenged parts of a financial-crisis lawsuit that the Justice Department recently brought against it, saying a prior multi-bank $25 billion mortgage settlement already cleared the San Francisco-based bank of some liability (via