Foreclosures expected to grow slowly to close 2024: Auction.com

A survey of mortgage default servicing leaders revealed that foreclosures are expected to rise slowly during the second half of 2024, while ample amounts of home equity should keep many properties in loss mitigation from moving into foreclosure status. Auction.com, a marketplace for distressed home sales, released its 2024 Seller

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Experts ask: Why aren’t older workers an election issue?

While a lot of the conversation regarding the 2024 presidential election is focused on the historically high ages of the two expected major party candidates, the aging U.S. workforce often faces doubts about their own abilities that are “crudely conflating old age with physical and cognitive capacity.” This is according

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Four Florida MLSs launch data sharing partnership

The real estate industry is watching with bated breath to see what happens to multiple listing services in the wake of the National Association of Realtors‘ (NAR) antitrust settlement. Realtor associations in Florida may be providing an answer. Four associations with MLSs that serve clients along the northeast coast of

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CFPB’s authority affirmed in appeal against Townstone Financial

The Consumer Financial Protection Bureau (CFPB) has broad authority under the Equal Credit Opportunity Act (ECOA) to prohibit discrimination against credit applicants and from discouraging prospective applicants for credit. This reinforces the bureau’s enforcement authority as it wages a war against redlining, including in a case against Chicago-based Townstone Financial,

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The Appraisal Foundation settles Fair Housing Act case with HUD

The Appraisal Foundation, a private organization that is the de facto regulator of appraisers, has settled with the United States Department of Housing and Urban Development (HUD) over allegations that its qualification program violated the Fair Housing Act.  HUD opened an investigation in December 2021 to determine whether the foundation’s

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