Tag Archive | “deliquencies”
Foreclosure Inventory Ballooned in First Quarter
The inventory of properties in the foreclosure process expanded by nearly 10 percent in the first quarter, casting a pall over the housing recovery as local markets prepare for more foreclosures than expected. However, a high level of demand driving by investor activity may mitigate their impact.
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…Top Lenders Clear out Foreclosure Inventories in Non-judicial States
Friday, December 14, 2012
Among the five lenders involved in the National Mortgage Settlement – Bank of America, Wells Fargo, JPMorgan Chase, Citi and Ally/GMAC – non-judicial pre-foreclosure activity (NOD, NTS) decreased 41 percent in November compared to a year ago, led by Bank of America with a 63 percent decrease and Citi with a 40 percent decrease. Meanwhile judicial pre-foreclosure activity (LIS, NFS) for the five lenders combined increased 26 percent from a year ago, led by Chase with a 114 percent increase and Wells Fargo with a 37 percent increase.
Continue reading…Delinquencies Fell Faster in January
Monday, March 21, 2011
The delinquency rate on mortgages 30 days or more past due fell by more last month than it has in nearly a year, according to Lender Processor Services’ Mortgage Monitor report to be released later this week.
Continue reading…REOs Put New Pressure on Prices
Wednesday, September 1, 2010
Rising numbers of real-estate owned properties (REOs) and delinquencies are creating excess supply in housing markets across the country.
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 28, 2013
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