Thursday, 29 October, 2020

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Tag: Brian Coester Legal


The founder of Orlans PC in Troy, Michigan, Linda Orlans, has been selected by the Michigan Supreme Court to serve on the state’s Attorney Discipline Board (ADB). She is one of six lawyers appointed for a three-year term. The board is responsible for reviewing allegations of misconduct of lawyers. “It is a great honor to serve as a member of Read more…


Online real estate marketing platform, Hubzu, today announced it launched a new mobile app that will give residential real estate buyers on-the-go access to the power and functionality of the Hubzu platform, the company said. With this new app, Hubzu now provides even more tools for buyers to find, research, and bid on homes in a competitive auction format for Read more…


U.S. Sen. Sherrod Brown (D-Ohio), the ranking member of the Senate Committee on Banking, Housing, and Urban Affairs, has called on Consumer Financial Protection Bureau (CFPB) Director Kathy Kraninger to delay the proposed reorganization of the agency’s Division of Supervision, Enforcement, and Fair Lending (SEFL) until after the election while raising questions on whether she would continue as the agency’s Read more…


Fintech reportedly is allowing lenders to close on mortgage loans faster than in the past, and, especially as the market shifts increasingly digital, all signs point to its growth in mortgage lending. Researchers have found fintech lenders tend to take on certain risks that traditional lenders do not—though, for a few reasons, this is counterintuitive—leaving fintech loans more likely to Read more…


As businesses across the country are reopening and unemployment rates begin to creep back up, there is no doubt that there are still plenty of people struggling. The coronavirus pandemic has taken a massive financial toll on Americans, but some cities have been hit harder than others.  A recent report from WalletHub breaks down which cities have faced the most Read more…


Next week, an annual industry fall tradition will continue with the 2020 National Property Preservation Conference—this year in virtual form, as with so many of this year’s traditionally live events. The conference will include four keynote speakers: Min Alexander, GM and COO, Auction.com Dror Oppenheimer, Senior Advisor to the Assistant Secretary for Housing—Federal Housing Commissioner Prasant Sar, Manager of Single-Family Read more…


Next week, an annual industry fall tradition will continue with the 2020 National Property Preservation Conference—this year in virtual form, as with so many of this year’s traditionally live events. The conference will include four keynote speakers: Min Alexander, GM and COO, Auction.com Dror Oppenheimer, Senior Advisor to the Assistant Secretary for Housing—Federal Housing Commissioner Prasant Sar, Manager of Single-Family Read more…


Next week, an annual industry fall tradition will continue with the 2020 National Property Preservation Conference—this year in virtual form, as with so many of this year’s traditionally live events. The conference will include four keynote speakers: Min Alexander, GM and COO, Auction.com Dror Oppenheimer, Senior Advisor to the Assistant Secretary for Housing—Federal Housing Commissioner Prasant Sar, Manager of Single-Family Read more…


Forbearances continued to decline, modestly, from May’s pandemic-related peak, according to data from Black Knight’s McDash Flash Forbearance Tracker, which showed forbearance volumes fell by 11,000 from the prior week. “This was the result of larger declines among GSE loans (14,000) and portfolio-held and privately securitized loans (2,000) being offset by an increase of 5,000 in FHA/VA loans in forbearance,” Read more…


Editor’s note: this piece originally appeared in the October edition of DS News. Hidden deep in the news on July 22 was the report that Tropical Storm Gonzalo was forecast to become a hurricane. That same day, it was reported that a tropical depression was slowly gaining strength in the Gulf of Mexico. Although it was too early to predict the eventual impact these storms might have on the U.S., the reports were cause for Read more…


Editor’s note: This piece originally appeared in the October issue of DS News. Lessons learned from past recessions tell us that neighborhood blight can lower surrounding property values and create havens for crime and illegal activity. Abandoned homes can also threaten the public health and safety of our communities. Never has this been more concerning than at the present time. We are Read more…


A couple of articles published this week on Axios.com, a provider of technology, economy, and political news, take a lesser-seen optimistic approach to matters including a recent report about millions of Americans missing mortgage and rent payments and news about Congress’ failure to pass an updated stimulus bill. Axious Markets editor Dion Rabouin allows that, indeed, six million Americans last Read more…


The pandemic, along with the economic downturn it has caused, leaves homeowners across the country struggling to meet their mortgage payments. This has put more pressure on the Consumer Financial Protection Bureau (CFPB) to find ways of helping homeowners who have been impacted by COVID-19. At this year’s MBA Convention and Expo, Kathy Kraninger, director of the CFPB responded to Read more…


In July 2020, 6.6% of mortgages in the U.S. were delinquent by 30 days or more including those in foreclosure; this represents a 2.8-percentage point increase in the overall delinquency rate compared with July 2019. The CoreLogic Loan Performance Insights report measures mortgage performance through July, and is available in full here (upon login). “Measuring early-stage delinquency rates is important Read more…


In this week’s DS5: Inside the Industry, Auction.com’s VP of Market Economics, Daren Blomquist, shares his thoughts on where housing is headed and what effects the health crisis is having on foreclosure auctions. In his role, Daren Blomquist analyzes and forecasts complex macro- and microeconomic data trends within the marketplace and greater industry to provide value to both buyers and Read more…