Is a 20% Down Payment Really Necessary To Purchase a Home?There’s a common misconception that, as a homebuyer, you need to come up with 20% of the total sale price for your down payment. In
Robo Signers And Decreasing Foreclosures
Dated: March 20 2015
"Robo-Signers" Banned? Foreclosures Decreasing Nationwide
RISMedia had on its headline today, March 20, 2015 the title, "Ü.S. Foreclosure Activity at Lowest Level Since July 2006." Such a news pushes consumer confidence to rise, and paints the real estate market purely green. However, #homebuyers would like to know--have lenders stopped using "Robo-Signers?" Lenders' use of Robo-Signers made the number of foreclosures to be abnormally too high during the financial crisis period dating back to 2007, according to msnbc.com news services.
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