Servicing Intel: The cost of California's Homeowner Bill of Rights

With the argument for the short sale all the rage these days, foreclosures are getting a bad name. But according to data from RealtyTrac, in some markets, it really is better to buy a foreclosure. What's Buzzing California Homeowner Bill of Rights creates $30K in legal exposure Attorneys with Robert L. Jackson and Associates have been warning for months that the California Homeowner Bill of Rights will change long-standing legal doctrines in the state. Now the firm has attached a price to the risk, estimating the legal exposure tied to every non-judicial foreclosure could run as high as $30,000. ??Read More >>? Sequester cuts more than just spending ? KUT (Alexandria Mayo) Austin Mayor Lee Leffingwell says the federal spending cuts known as?the sequester?will have a negative impact on affordable housing in the city.??Read More >>? Beige Book: Real estate markets strengthen Nearly all Federal Reserve Districts indicated expansion in economic activity, characterizing the pace of growth as modest or moderate, up from the previous report, according to February's Beige Book. Residential real estate was a particular bright spot for many districts.???Read More >>? Have you nominated a top real estate tech firm? The 2013 HW RETech:50 will be selected by HW's award-winning team of editors and writers, based on submissions received, and published this June to coincide with our big real estate industry shin-dig, REX 2013.??Read More >>? Nationwide Title Clearing names Michael O?Connell COO Post-closing services provider Nationwide Title Clearing has named Michael O?Connell chief operations officer.??Read More >>? Wells Fargo CFO says firm considering MSR sale ? IVC Post (Edward B. Doong ) With more mortgage servicing rights being passed from company to company in today's market, Wells Fargo is considering the possibility of selling MSRs, the company's CFO Tim Sloan noted this week.??Read More >>?

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