Tag Archive | “mortgage delinquencies”
State Laws will Extend Foreclosure Pain by 30 Months or More
The 23 states that require court orders to foreclose and other states that have enacted legislation that delays foreclosure processing will take twice as long as the rest of the nation to clear backlogged foreclosure inventories at their current rate.
Continue reading…Foreclosure Discounts are All Over the Map
Monday, March 4, 2013
The low prices that make foreclosures attractive to investors also make foreclosures toxic to communities and homeowners. The discount between “normal” priced homes and the prices paid for properties than have been through the foreclosure process can spell the difference between profit and loss to an investor at the same time that they drive real estate values into the ground.
Continue reading…Fannie and Freddie have a Florida Problem
Thursday, January 3, 2013
Despite falling delinquency rates among lenders as a whole, delinquencies increased for Fannie Mae and Freddie Mac borrowers, especially in Florida. Coincidentally, CoreLogic announced today Florida leads the nation in the size of its foreclosure inventory.
Continue reading…After Nearly Three Years, Negative Equity Refuses to Budge
Friday, November 23, 2012
As the nation’s real estate economy has evolved and slowly improved over the past two and a half years, the geography of almost every leading metric measuring the health of local housing markets has changed to reflect local economic trends and conditions except the one that many economists and policy makers consider to be critical to the national economic recovery.
Continue reading…Drought Doesn’t Dent High Foreclosure Backlog
Tuesday, July 31, 2012
Despite a shortage of lower priced homes in markets across the country, the huge foreclosure inventory refused to decline in June, raising renewed fears that the overhang of discounted properties will put downward pressure on home prices.
Continue reading…TransUnion Sees Double Digit Decline in Delinquencies Next Year
Friday, December 17, 2010
Mortgage delinquencies will drop nearly 20 percent by the end of 2011 to 4.98 percent of all mortgages from an expected 6.21 percent at the end of 2010, according to the latest forecast from TransUnion, one of the three top credit rating bureaus.
Continue reading…TransUnion Reports Delinquencies Fall for Second Straight Quarter
Tuesday, August 17, 2010
Another provider of national credit data reported today that mortgage delinquencies have been falling during the first half of the year, suggesting that the housing sector is beginning to stabilize.
Continue reading…
Thursday, March 7, 2013
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