U.S. Foreclosure Activity in April 2017 Drops to Lowest Level Since November 2005

Highest foreclosure rates in New Jersey, Maryland and Nevada ATTOM Data Solutions, curator of the nation’s largest multi-sourced property database, today released its April 2017 U.S. Foreclosure Market data, which shows foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 77,049 U.S. properties in April, down 7 percent from the …

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Hackers Steal Over 100 Million Email Addresses From DocuSign: Here’s How To Protect Yourself

DocuSign says that a third party has stolen more than 100 million email addresses from their system.  They say that no names, physical addresses, passwords, social security numbers, credit card data or other information including documents were accessed.   DocuSign recommends these steps: Delete any emails with the subject line, “Completed: [domain name]  – Wire transfer for recipient-name …

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Buying a So. CA House: Writing love letters, bidding $100,000 extra

One couple recently offered $102,000 above the $798,000 list price for a 3-bedroom home. The house sold to someone else for $985,000. They bid on 11 homes before they finally purchased one listed at $799,900. They again bid about $100,000 over asking. Jobs and wages are on the rise. Buyers are newly urgent, fearful an era …

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Always Follow The Money: Dodd-Frank May Be Here To Stay

Senate Majority Leader Mitch McConnell says Dodd-Frank and the Consumer Financial Protection Bureau (CFPB) may be here to stay.  That means the D-F supporters have more money to funnel to politicians than the opponents. READ MORE:  https://www.consumerfinancemonitor.com/2017/05/18/senate-leader-mitch-mcconnell-skeptical-of-dodd-frank-reform/

Govt. Wants To Limit Contract For Deed Sale Of Foreclosed Homes

Lawmakers are pressing the Federal Housing Finance Agency, which oversees mortgage financers Freddie Mac and Fannie Mae, to limit or stop the sale of foreclosed homes to firms that resell them under rent-to-own contracts, or contracts for deed. In a Senate hearing held May 15 on the future of Fannie Mae and Freddie Mac, FHFA …

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Obama DOJ Secretly Funneled Billions To Leftist Groups From Mortgage Slush Fund

The Obama administration secretly funneled billions of dollars to left-wing organizations through a mortgage slush fund scheme, congressional investigators have discovered. “Advocates for big government and progressive power are using the Justice Department to extort money from corporations,” Judicial Watch’s Tom Fitton said. “It’s a shakedown. It’s corrupt, pure and simple.” When big banks are …

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CFPB Chief Complains Of ‘Character Assassination’ During House Hearing

Richard Cordray, head of the Consumer Financial Protection Bureau (CFPB), complained about “character assassination” after being asked about his private text messages during a U.S. House Financial Services Committee hearing on Wednesday. An exclusive report in the Daily Caller in January exposed Richard Cordray’s possibly illegal use of a private device to communicate about official business. …

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