Borrowers get some legal leverage in CFPB servicing rules

Home prices fall, but inventory levels improve Toronto New Home Sales Fall To Lowest Level Since Great. – The once scorching hot Toronto new home market continues to cool. BILD GTA, a trade group representing GTA home builders, numbers show prices slipping in February. The slip wasn’t large, but combined with rising inventory and falling sales could get worse soon. Last month was the fewest sales for the month of February since the [.]Trulia reveals best home-searching season Freddie Mac Will Buy Out 120-Day Delinquent Mortgages Should GSEs Take Lumps on Defaults? | Asset Securitization. –  · Every month Fannie Mae and Freddie Mac are paying bondholders about $1 billion to cover seriously delinquent homeowners.. guaranteeing timely payments on mortgage bonds is, of course, the government-sponsored enterprises’ main business. But once a loan has been delinquent for four months Fannie and Freddie can buy it out of the pool and stop advancing unpaid interest to.