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FHA Increases Allowable Fees for Inspections of Vacant Single Family Homes

FHA Increases Allowable Fees for Inspections of Vacant Single Family Homes

by Phil Hall | Nov 14, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Federal Housing Administration (FHA) has increased the allowable property inspection fee limits for property inspections of single-family homes associated with defaulted FHA-insured mortgages. The inspections are used in a servicer’s preservation and protection of...
ATTOM: October’s Foreclosure Filings Up 6% from Last Year

ATTOM: October’s Foreclosure Filings Up 6% from Last Year

by Phil Hall | Nov 14, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 34,472 properties were burdened with foreclosure filings during October, according to new data from ATTOM. This is a 6% decline from the previous month but also a 6% increase from one year earlier. ATTOM determined that one in every 4,051 housing units had...
Real Estate Attorney Mitch Arnold Joins Dorsey & Whitney’s Phoenix Office

Real Estate Attorney Mitch Arnold Joins Dorsey & Whitney’s Phoenix Office

by Phil Hall | Nov 14, 2023 | News/Current Events, Real Estate News, WRE News Exclusive

Attorney Mitch Arnold has joined Phoenix-based Dorsey & Whitney LLP as a real estate of counsel. Arnold is a transactional real estate attorney who specializes in acquisitions, leasing, divestitures, and other complex business matters. He has experience...
More Than One-Third of Homebuyers Received Concessions from Sellers

More Than One-Third of Homebuyers Received Concessions from Sellers

by Phil Hall | Nov 14, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

More than one-third of homebuyers (35%) received concessions from sellers during the three-month period ending Oct. 31, according to a new data report from Redfin (NASDAQ:RDFN). While that is roughly equal from the 35.9% share recorded one year ago, it is also up from...
CoreLogic Teams with Wells Fargo for Real Estate Tax Processing

CoreLogic Teams with Wells Fargo for Real Estate Tax Processing

by Phil Hall | Nov 14, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

CoreLogic has entered a new partnership to provide Wells Fargo (NYSE:WFC) Home Lending with real estate tax processing operations. CoreLogic will also manage those services for Wells Fargo’s home loan customers moving forward. This includes the ability for Wells Fargo...
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