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Property-Tax Collections Rising at Fastest Pace Since U.S. Crash

April 22 - Property-tax collections are rising at the fastest pace since the U.S. housing market crash sent government revenue plunging, according to Bloomberg Business News.

In cities...


CFPB Finds Fault With 'Auto-Default' Mechanism on Private Student Loans

April 22 - The Consumer Financial Protection Bureau Student Loan Ombudsman released a report highlighting complaints of “auto-defaults” in private student lending. Borrowers report that some lenders...


Properties Under Water at Lowest Level in Two Years

April 18 - According to RealtyTrac's recently released U.S. Home Equity and Underwater Report, in the first quarter of 2014, 9.1 million U.S. residential properties were seriously underwater —...


Fixed Mortgage Rates Tick Down

April 10 - Freddie Mac released the results of its Primary Mortgage Market Survey, showing average fixed mortgage rates moving down slightly as the spring homebuying season ramps up.

News Facts...


New Mortgage Rules Restrict Credit Availability, Says ABA Survey

April 7 - More than 80 percent of banks expect new mortgage regulations to reduce mortgage credit availability, according to the American Bankers Association’s 21st annual Real Estate Lending Survey....


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