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 triblive.com): http://bit.ly/XxPhx8


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 dispatch.com): http://bit.ly/W1x3Pt


Builder Confidence in 55+ Housing Market Reaches 4-Year High (via seniorhousingnews.com): http://bit.ly/TuiyE0


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 mercurynews.com): http://bit.ly/SHf8wi


There is some relief on the horizon for homeowners affected by Superstorm Sandy: Most mortgage companies are offering breaks on mortgage payments (via cbsnews.com): http://cbsn.ws/RsHCex


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): http://bit.ly/UyaGpo


Agents, Freddie Team Up to Crack Down on Landlord Fraud (via REALTORMag): http://bit.ly/ZfoUex


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 MarketWatch.com): http://on.mktw.net/T3foXF


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 inman.com): http://bit.ly/Syfbe9


Minnesota man whose home facing foreclosure is convicted of setting house on fire for insurance (via StarTribune.com): http://bit.ly/VZaH5T


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 mercurynews.com): http://bit.ly/ToYmRu


 


 


 


 

Posted in Blog, Real Estate Law