FI_Flagstar

Flagstar Bank fined for failing to comply with mortgage servicing rules

In September 2014, the Consumer Financial Protection Bureau (CFPB) fined Flagstar Bank.  The fine was fo over $37M.  The reason for the fine was for not assisting borrowers with foreclosure relief in a timely manner. The bank will return $27.5M to borrowers and pay a fine of $10M.   The CFPB has made serious statements […]

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FI_UnionBank

Union Bank Foreclosure Listings

Union Bank is a regional bank that is almost 150 years old.  In July of 2014, Union Bank changed their name to MUFG Union Bank.  The new Union Bank is now an international bank and a member of Mitsubishi UFJ Financial Group with assets of $2.5 trillion dollars.  The companies headquarters are located in New […]

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FI_Realtytrac

Realtytrac Review

Purchasing a home can be a very difficult task and and requires a significant amount of research.  There are many websites out there that offer listing services for free, but they often have outdated information and their databases are far from optimized.  You will usually have to search many different sites to find interesting listings […]

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FI_AuctionCom

Buying a home at auction: Auction.com

You’ve probably heard of auction.com at some point, but what exactly is it? It’s dubbed itself the “nation’s leading online real estate marketplace,” and since it sold its first property back in 2007 and launched its online platform in 2008, it’s sold more than $26 billion worth of over 100,000 properties. Those are some pretty […]

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FI_Homesearch

Buying a home at auction: HomeSearch.com

Homesearch.com may not be as well known as other real estate auction sites, but it’s a site where it’s possible to find a great bargain on a piece of property you may have never dreamed you could call your own. The site offers a multitude of properties including single family homes, condos, land, commercial properties, […]

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House buying concept

Five Things To Remember When Buying A Foreclosure

Foreclosures are abundant in today’s real estate market. Bank owned homes often represent an awesome opportunity to purchase property well below market value. Foreclosure listings are a distressed sale and require special considerations. Buying a foreclosure can be seeded with risk. Taking these simple steps can help eliminate that risk and secure a deal on a foreclosure.

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FI_Hubzu

Buying a home at auction: Hubzu.com

If you’ve never heard of hubzu.com, but you’re in the market for a budget-priced home, it could be the answer you’ve been searching for. To date, the site has sold over 85,000 homes and have over 9,000 active bids and offers. There are new auctions starting daily, so there’s always new properties to peruse. So […]

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FI_HMAuction

Buying a home at auction: Hudson & Marshall

Based in Dallas, HudsonandMarshall.com is a family business that has been up and running for more than five decades.  According to the site, their sales over the past five years have reached more than $5 billion, and they’ve sold more than 100,000 properties over the past 13 years. HudsonandMarshall.com hosts auctions in every state, and […]

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