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CoreLogic: Prices on Distressed Properties Lagged Overall Market in 2011
February 02 2012 | |
Real estate data provider CoreLogic today released its December Home Price Index (HPI) report, showing that, including distressed sales, home prices in the U.S. decreased 4.7 percent in 2011-- the fifth consecutive year with a decrease in the HPI. The HPI excluding distressed sales shows that home prices decreased by only 0.9 percent in 2011, evidence of the widening discounts on distressed properties.
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An Adverse Decision
February 02 2012 (subscription) | |
Adverse possession and easement by prescription are related but distinct legal concepts. The Supreme Court of North Dakota chose to draw an important distiction in a decision last week.
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MBA Weekly Report: Mortgage Volume Declines Modestly
February 01 2012 | |
Mortgage applications decreased 2.9 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 27, 2012.
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Register of Deeds Urges No Deal with Banks on Robosigning
February 01 2012 | |
Ingham County (Lansing, Michigan) Register of Deeds Curtis Hertel, one of several county recorders across the country who have been particularly outspoken about robosigning and other abuses of process by banks in foreclosure, submitted a letter to Michigan Attorney General Bill Schuette on Tuesday, urging him not to sign onto a multi-state settlement with banks that includes criminal immunity for the banks on these issues.
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