End Of VA Foreclosure Moratorium Sends Starts, Sales Surging

End Of VA Foreclosure Moratorium Sends Starts, Sales Surging

ByTMN Editor Reading Time: 2 minutes

The end of the VA’s foreclosure moratorium pushed starts and sales up in January. Foreclosure starts increased 30% last month while sales rose 25%, the result of the expiration of the VA foreclosure moratorium, according to new data from ICE. Active foreclosure inventory surged 7% on the month. The Department of Veterans Affairs extended a…

VA Announces Fix For Home Loan Benefits After NAR Settlement

VA Announces Fix For Home Loan Benefits After NAR Settlement

ByTMN Editor Reading Time: 2 minutes

The Department of Veterans Affairs announced a temporary fix to a lending issue that arose from the National Association of Realtors $418 million settlement. Under the terms of the settlement, sellers are expected to negotiate with real estate professionals, and buyers have to enter into agreements with, and pay for, their own realtors. For some…

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