The End is Near! Debtors Have Stopped Paying on their Mobile-Home Loans

People have stopped paying their mobile-home loans, and it’s a warning sign for the economy Delinquencies on mobile-home loans have increased by 2 percentage points over the past year, according to research cited by UBS. The rising delinquency rate, combined with signs of stress in other areas of the consumer-finance market, suggests there’s a two-speed … Read more

Fidelity National Financial: Shocking Numbers Could Kill Title Insurer Merger

“This much seems clear: Premiums are growing fast, to $14.8 billion in 2017  from $9.4 billion in 2011, according to data The Palm Beach Post requested from an industry group, the American Land Title Association. That included more than $1.4 billion in premiums in Florida last year. Yet the share of premiums spent to cover … Read more

How Much Income You Need to Afford the Average Home in Every State in 2018

How Much Income You Need to Afford the Average Home in Every State in 2018 The housing market has not only recovered its pre-recession levels, but some observers are actually starting to worry about yet another housing bubble. Housing prices are on the rise, thanks in large part to extremely tight inventory, so it’s worth … Read more

A MERGER OF FRAUDS: How LPS Came Back to the Fidelity Family Enterprise

A MERGER OF FRAUDS: How LPS Came Back to the Fidelity Family Enterprise This report is a rewriting and editing of a Delaware judge’s 75-page opinion and other commentator’s thoughts on the opinion issued in the subject litigation. It provides critical insights into the inner-workings of two of the prominent members of the Secondary Market … Read more

FL 2nd DCA: SPENCER v. DITECH FINANCIAL – Some-Evidence, No-Evidence Rule in Foreclosures

Are Florida’s Appellate Courts finally getting fed up with the lower courts allowing inadmissible evidence in foreclosure proceedings? Read Judge Salario’s Specially concurring opinion below, along with the full opinion attached and decide for yourselves. ~ ISAIAH L. SPENCER and SHATIKA L. SPENCER, V DITECH FINANCIAL, LLC CASE NO. 2D16-4817 ROTHSTEIN-YOUAKIM, J., Concurs. SALARIO, J., … Read more

702.12, F.S. – Florida Passes Bill to Stop Bankruptcy Debtors From “Having Their Cake and Eating It Too”

702.12, F.S. – Florida Passes Bill to Stop Bankruptcy Debtors From “Having Their Cake and Eating It Too” 702.12, F.S. – A new Florida law signed Monday will allow documents filed in federal bankruptcy proceedings to be admitted as evidence in foreclosure cases, barring homeowners who have agreed to surrender property in bankruptcy court from … Read more