Foreclosure Nation

In terms of market share, Fidelity held about 38% of the market in 2010, First American had about 27%, Stewart 14%, and Old Republic clocked in at 11%. The rest was held by regional underwriters. The release can be found at ALTAShare [http://r20.rs6.net/tn.jsp?llr=zy6u9cdab&et=1105015193164&s=6013...

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Title insurance premiums increased slightly in 2010 compared to the previous year, according to the American Land Title Association’s preliminary 2010 Year-end and Fourth-Quarter Market Share Analysis. According to the report, the title insurance industry generated $9.61 billion in title insura...

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Lauderhill couple say Chase locked them out of their house John Ferrari came home after work one night to find the locks on his Lauderhill home changed and a sign on the window declaring that the property was being managed by Chase Home LLC. Ferrari and his wife, Lisa, knew their house was to be ...

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In 2008, when most Americans were fleeing the real estate market, David Mann was charging toward it. After selling a clothing manufacturing company in Manhattan that he had helped run, Mr. Mann, 32, decided to pursue a master’s degree in real estate development. Last May he graduated from the Sc...

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As the economy continues to hurt working families, and Congress takes its orders from corporate America, many people are asking: where's the progressive protest movement that will galvanize public attention, challenge the undue influence of the Tea Party, and focus public anger on big business? T...

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A new division is emerging in America between those who have moved on from the recession and those still caught in its grip. This holiday season, those two worlds have been thrown into stark relief: At Tiffany's, executives report that sales of their most expensive merchandise have grown by double...

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Empty nest parents, be warned: the number of adults aged 25 to 34 who are living with their parents has exploded, according to this rather shocking chart put together by economist Tom Lawler and posted on Calculated Risk. Earlier this year, a study published in the journal Transitions to Adulthood ...

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During the 25 years that Patsy Campbell has been fighting a mortgage foreclosure case on her Florida home she has outlasted six lenders and seen seven great-grandchildren born. She last made a mortgage payment on her Okeechobee County home in 1985, reports the Wall Street Journal (sub. req.). ...

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Christopher Marconi was in the shower when he heard a loud banging on his door. By the time he grabbed a towel and hustled to his front step, a U.S. marshal's sedan was peeling out of his driveway. Nailed to Marconi's front door was a foreclosure summons from Wells Fargo, naming him as a defendant. ...

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Lilla Roberts is a 73-year-old retired physical therapist, a pleasant, engaging woman who moved to this country from Jamaica 46 years ago. In 1988, she bought a small house in Jamaica, Queens, putting down $25,000, and taking out a mortgage for around $120,000. For many years, she religiously made...

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The tightly built, tiny home is one small segment — no pun intended — of real estate sales that is doing relatively well. For instance, the Tumbleweed Tiny House Co., which designs and builds homes that are less than 500 square feet, has gone from selling 10 blueprints to 50 blueprints a year. Th...

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The Homeownership Preservation Foundation (HPF) released on Tuesday reports of a 14.2 percent decrease in calls to its Homeowners’ HOPE Hotline. The hotline (1-888-995-HOPE) provides free, comprehensive homeownership education and foreclosure prevention counseling. In October the hotline receiv...

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In New York City real estate, there are few titles more thankless than guarantor. But they are needed by many. People who do not make enough to afford their paycheck-devouring rents must find a wealthy relative, a benevolent family friend or perhaps a kidnapped and hypnotized multimillionaire to s...

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Fed up with the increasing number of slow-paying homeowners, condominium and homeowners associations across South Florida have become aggressive — critics say too aggressive — in their attempts to collect late fees. Boards have unveiled a variety of strategies to pressure owners to pay up. Tactics ...

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A study released Thursday by J.D. Power and Associates shows that the time from submission of a mortgage application to approval time has increased by more than a week from the time for approval last year. In 2009 the average time for approval was 20 days. This year the average is 27.5 days. I...

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Peter Ticktin, the South Florida attorney who has received national attention as a foreclosure defense expert, has something in common with his clients: He is fighting the bank to keep his house. Deutsche Bank National began foreclosure proceedings on Ticktin's Boca Raton home in 2007 after the l...

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Last June, Zaida Paris-Mendez was at the beauty salon when a neighbor called to tell her that people were moving things out of her apartment. She knew immediately that the landlord was trying to evict her, her husband and their two children from their $700-a-month rent-controlled apartment in Wi...

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More than 60 welfare recipients in Palm Beach County have been rounded up in what authorities dubbed Operation Easy Money. The arrests follow an 18-month investigation in which public assistance recipients are alleged to have obtained cash from government-issued electronic benefit transfer cards,...

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There is a daily exchange between the Treasury and FNMA as administrator of MHA, in particular the FNMA group dedicated to servicing, vis-à-vis a 9 AM conference call that typically lasts about an hour. FHA has it’s own separate HAMP program. Lenders and servicers also have their own current loss ...

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