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Illinois Supreme Court: Mortgage Lien Can Survive After Foreclosure Deadline Expires

Illinois Supreme Court: Mortgage Lien Can Survive After Foreclosure Deadline Expires

by John G. Stevens | Sep 26, 2026 | Current News & Events, Mortgage Information, News

The Illinois Supreme Court has ruled that a mortgage lien can remain attached to property even after the deadline for filing a foreclosure action has expired, resolving a dispute over two separate time limits in state law that carry different consequences for lenders...
Howard Amster Discloses 9% Stake in Redwood Trust as Sale Pressure Builds

Howard Amster Discloses 9% Stake in Redwood Trust as Sale Pressure Builds

by John G. Stevens | Sep 25, 2026 | Current News & Events, Mortgage Information, News

Investor Howard Amster has disclosed beneficial ownership of 9% of Redwood Trust, adding a large new shareholder position to a mortgage-finance company already facing a separate investor’s demand that its board explore a sale. Amster reported beneficial...
Title Insurance Premiums Rise Nearly 15% as Commercial Deals Drive Growth

Title Insurance Premiums Rise Nearly 15% as Commercial Deals Drive Growth

by John G. Stevens | Sep 25, 2026 | Industry Updates, Real Estate News

Title insurance premium volume climbed sharply in the second quarter as commercial real estate transactions helped lift an industry that also continues to benefit from higher transaction activity than a year ago.The American Land Title Association reported that U.S....
Redfin Reports Data Breach to Massachusetts Regulators

Redfin Reports Data Breach to Massachusetts Regulators

by John G. Stevens | Sep 25, 2026 | Current News & Events, News, Real Estate News, Tech Trends

Redfin Corporation has reported a data breach affecting Massachusetts residents, according to a state breach-notification record and a report based on the filing. The incident was reported to the Massachusetts Office of Consumer Affairs and Business Regulation on...
Fed’s Barr Says Homeownership Affordability Has Fallen to a 21-Year Low

Fed’s Barr Says Homeownership Affordability Has Fallen to a 21-Year Low

by John G. Stevens | Sep 25, 2026 | Mortgage Information, Real Estate News

Homeownership affordability has deteriorated to its weakest level in more than two decades, and Federal Reserve Gov. Michael Barr says the problem extends well beyond mortgage rates.In a speech on housing affordability Wednesday, Barr cited the Federal Reserve Bank of...
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