Morning Minute: Consumer agency to tackle “zombie” foreclosures

The Consumer Financial Protection Bureau is going after “zombie” foreclosures — distressed properties where the foreclosure process is started but never completed, leaving some unsuspecting borrowers on the hook for a home (and fees and taxes) they thought had already been foreclosed upon, NAR reports. Read more.

In other headlines:

Adjustable-Rate Mortgages Make a Comeback – Wall Street Journal

4 Million Renters Say They’re Eager to Buy – REALTOR® Magazine Online

Haisler: Real estate agent perception not fair – Northwest Herald

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