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House Approve Bill to Overhaul CFPB By Octavio Nuiry, Senior Staff Writer March 12, 2014 Voting 232 for and 182 against, the House on Feb. 27 passed a Republican bill (HR 3193) to reduce the authority of the Consumer Financial Protection Bureau (CFPB). Zombie Foreclosures: The Vacant Dead By Daren Blomquist, RealtyTrac Vice President March 12, 2014 One in every five homes in the foreclosure process is sitting vacant, abandoned by the distressed homeowner and not yet repossessed by the foreclosing lender. Is A New Foreclosure Crisis Brewing? By Peter Miller, Contributor March 11, 2014 Stashed away in millions of homes is a ticking financial time bomb. Size of New Homes Getting Bigger By Octavio Nuiry, Senior Staff Writer March 10, 2014 As the economy slowly recovers, America’s love affair with oversized homes continues to grow. Will Chicago Be the Next Detroit? By Octavio Nuiry, Senior Staff Writer March 10, 2014 Last April, Rachel Shteir, a Chicago journalist and DePaul University professor writing in the New York Times Sunday Book Review, penned an essay hinting that the Windy City was on the road to Detroit. Where Wall Street is Most Likely to Be Your Landlord: Heat Map By Daren Blomquist, RealtyTrac Vice President March 4, 2014 Over the last three years these institutional investors have purchased more than 850,000 residential properties, representing 6.14 percent of all sales. This heat map shows where they have been the most active. Why FHA Mortgages Should Cost Less By Peter Miller, Contributor February 28, 2014 Federal Housing Administration (FHA) mortgages are a pillar of the lending system, but such loans cost too much and are too profitable according the Community Home Lenders Association. 10 Secrets to Landing a Foreclosure Bargain in 2014 By Daren Blomquist, RealtyTrac Vice President February 19, 2014 At the risk of sounding self-serving, we here at RealtyTrac earnestly contend that 2014 will represent one of the best years in recent memory for a low-risk, high-reward foreclosure purchase. Why Is Mortgage Demand Falling In 2014? By Peter Miller, Contributor February 17, 2014 By just about every measure the housing market is looking better — home values of the rising, new construction is on the increase and foreclosures are down. Will Shared Appreciation End The Foreclosure Crisis? By Peter Miller, Contributor February 13, 2014 Shared appreciation is an idea whose time may have come. Indeed, it may be the only way for the nation’s banks to avoid still-more losses, additional deficits that could total hundreds of billions of dollars. Print Email

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