Ben Carson didn't promise to avoid the nexus between the billions HUD pours into real estate and the Trump empire.
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Foreclosures activity decreased to its lowest point in ten years. However, not every state followed the trend as some even saw an increase in foreclosure activity. The national drop in foreclosure activity was accompanied by a new high in the number of days it takes to foreclose.
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The eyes of the housing industry will be trained to Capitol Hill today, as Ben Carson, the former Republican presidential candidate, retired neurosurgeon, and President-elect Donald Trump’s choice to the lead the Department of Housing and Urban Development, appears for his confirmation hearing. In a letter sent to Carson in advance of his hearing, Sen. Elizabeth Warren revealed the questions she wants Carson to have an answer for when he appears before the committee – 35 of them, in all.
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OwnAmerica’s CEO explained the housing industry is returning to pre-crisis norms, and will only continue to improve through 2017. The CEO explained the only thing to fear for the housing industry this year, is fear itself.
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Arizona authorities believe they discovered the remains of an Arizona Realtor who went missing nearly eighteen months ago. Though officials said positive identification has not been determined, authorities ruled his death a homicide. Click the headline for the newest update on the case.
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With the day for Ben Carson’s hearing quickly approaching, the Mortgage Bankers Association penned a letter, urging Congress to approve the candidate as the new secretary of the U.S. Department of Housing and Urban Development. The MBA explains what Carson will bring to his new role, and why it wants Congress to approve him as quickly as possible.
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Caution in the new year among investors was enough to put a little juice back into the mortgage market. Here's how.
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Millennials could be the key to housing in 2017, according to some experts. While the homeownership rate decreased nationwide over the past decade, some cities defied the trend, and even saw significant increases in Millennials homeownership. Here’s the top 10.
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Millions of borrowers are being lifted from underwater on their mortgages, but higher rates are having negative effects.
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The gap between homeowners’ expectations of their home value and the appraised value of their home widened for the first time in six months. The culprit? While home prices still increased annually in December, they still dropped month-over-month.
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