The National Association of Credit Union Service Organizations has put together its first-ever Mortgage Services Compensation Study.
In South Florida, 69% of all home sales this summer were cash, with a statewide rate of 66% according to data from RealtyTrac.
Mortgage Bankers Association says 25% of home sales currently are cash deals.
Analysis shows Republican-leaning states particularly affected in areas of home purchasing and student lending.
Foreclosure rates keep dropping nationwide, but some areas still seeing losses.
Private mortgage insurers have been alerting clients and potential clients they will insure loans whose closing have been delayed by federal shutdown.
Limited staff working on single-family loans during shutdown after department revises contingency plans.
The 13.000-member, $103 million Cooperative Center Federal Credit Union expressed support Sept. 24 for Richmond, Calif., to obtain and restructure some mortgages even if the Bay Area town has to use eminent domain.
The fight between the City of Richmond, Calif. and 624 mortgage lenders continues, as the city attempts to obtain the loans through eminent domain.
Berkeley, Calif., credit union states support of idea passed by Richmond, Calif., council members.