Housing Wire: San Bernardino County Residents Push Back Against Eminent Domain Local residents and mortgage finance experts lined up at a San Bernardino County hearing Thursday to push back against the idea of seizing underwater mortgages through eminent domain. The county set up a special authority committee to consider ideas for addressing.
San Bernadino County won't use eminent domain to seize. – San Bernardino County and two of its cities have decided not to pursue a proposal to use eminent domain to seize underwater mortgages from mortgage-backed securities and write down the principal.
A loan in foreclosure: 492 days – and growing Public records show it sold in foreclosure. is growing at more than 100 percent per month, while CoreLogic’s Tim Grace said the firm’s fraud prevention tool business was booming. Many lenders are.National housing market slows as Texas heats up Moody’s tempers multifamily bubble fears fannie, Freddie loans hit series high in National Mortgage risk index minorities, who tend to have less savings and lower credit scores than whites, have been hit hardest by lenders. mortgages backed by Fannie Mae and Freddie Mac, amended its loan buyback rules.Former mba chairman david kittle joins complianceease zillow: housing recovery slows to steadier pace Fannie, Freddie loans hit series high in national mortgage risk index · Fannie’s and Freddie’s only competitor has been the federal housing administration, which underwrote $245 billion in loans in 2016, up from $59.8 billion in 2007.