News & Updates

  • Does Vacant = Abandoned? Navigating CFPB Reg X as it relates to Foreclosure Referrals in the Carolinas

    July 24, 2021

    The Rule only applies to a mortgage loan secured by the borrower's principal residence.  It does not apply to investment properties, second homes or reverse mortgages.  Also, loans that were more than 120 days delinquent prior to March 1, 2020...

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  • Federal Foreclosure Moratoriums’ Effect on Housing Prices

    June 28, 2021

    Part of price growth is tied to interest rates, which are being kept artificially low due to the Fed's continued purchases of mortgage-backed securities, but rates appear to be only part of what's happening.[iv]  Current reports estimate that due to...

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