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Milwaukee housing authority reportedly ‘misused’ millions in federal funds

Housing Wire

Leak said that without prompt action, HACM could be facing bankruptcy. When asked about this, he made clear that bankruptcy would have been a possibility if the leadership team had done nothing. When asked about this, he made clear that bankruptcy would have been a possibility if the leadership team had done nothing.

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Portrait of a pre-foreclosure peacemaker

Housing Wire

Helping the homeowner file for bankruptcy is another tool in the pre-foreclosure peacemaker’s tool kit, but Sandoval uses that tool with caution. “I “I knew things were going down, but I didn’t know how bad it was until people started knocking on our door.” There is nothing like that face to face. There is a lot of fear.”

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No, homeowner delinquency rates aren’t elevated

Housing Wire

Also, the foreclosure and bankruptcy data isnt even back to pre-COVID-19 levels. This weekend, there has been a lot of discussion on social media surrounding homeowners’ delinquency data. Its not even a clever lie. As always, you have to examine the data closely before concluding anything on the internet.

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Place buys Remine for $1.5 million in cash at auction

Housing Wire

The joint venture initiated a voluntary bankruptcy in March 2025, allowing it to put Remines assets up for sale. Real estate technology and agent services firm Place is continuing its acquisition spree. On Thursday, the firm announced that it had purchased real estate software firm Remine for $1.5 million in cash at auction.

MLS
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Home equity cushions homeowners against economic shocks

Housing Wire

The most recent National Mortgage Database (NMDB) Aggregate Statistics report from FHFA reveals the significant amount of home equity that American households possess. Vast home equity cushion Keep this very simple: 82% of homeowners in America have at least 30% of equity in their homes. How does this compare to the housing bubble crash years?

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Why foreclosures are still below pre-pandemic levels

Housing Wire

has avoided a recession since 2010 (excluding the impact of COVID-19), I believe the QM mortgage law and the 2005 bankruptcy reform law have played significant roles. According to the most recent credit data from the New York Fed , foreclosure data for the housing market is still below 2019 levels. Let’s review the data.

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Reverse mortgage alums secure financing for alternative equity-tapping product

Housing Wire

According to Home Equity Conversion Mortgage (HECM) endorsement data compiled by Reverse Market Insight (RMI) in early November 2022 — just prior to the halting of originations and its subsequent bankruptcy — RMF was the fifth-largest HECM lender in the country, with 4,804 endorsements over the 12-month period that ended Oct. 31 of that year.