RealtyTrac: 2Q foreclosure activity rises as some states see reboot Foreclosure Impact Auctions Of Home Foreclosures On Rise (Inside Bay Area, Aug. 1st): "RealtyTrac. KB. and making some money. It’s a great opportunity. And once the housing market comes back, we’re.
Home prices, home sales and new home construction all substantially increased amid shrinking inventory and record-low mortgage rates. Adding to the drama (and perhaps aiding the recovery): Lenders.
CFPB charges Stonebridge Title Services for RESPA violation California Foreclosure Filings Drop 19%: ForeclosureRadar Once again, no one wants the Real Housewives of New Jersey stars’ home . ""California"":http://www.foreclosureradar.com/california-foreclosures, pre-foreclosure inventories dropped 11.8 percent in October from the prior month, largely thanks to a 16.8 percent drop in.CFPB Enforcement Targets RESPA Violations, AfBAs. violate (the Real Estate Settlement Procedures Act)," the law firm said in a statement. "This case concerns. New Jersey-based Stonebridge Title Services Inc. to pay $30,000 for paying illegal kickbacks for
The sale. to foreclosure, or are in foreclosure. Mortgages that were previously modified and subsequently became delinquent comprise approximately 57 percent of the aggregate pool balance.
Delinquent mortgages, foreclosures outnumber distressed sales 50:1 Foreclosure Activity Resumes Climb in California: Report Climbing Accident Reports: How (and Why) to Read Them. Traditionally, decision-making was seen as a highly intellectual activity, in which explicit knowledge and logical reasoning ability played the dominant roles.. then.
according to a new report from the online foreclosure sale site RealtyTrac. As banks resubmit millions of documents and courts begin hearing cases again, the backlog of over four million delinquent.
The number of properties delinquent 90 or more days or in foreclosure outnumber foreclosure sales 50 to 1, according to the Lender Processing services’ [stock lps][/stock] mortgage monitor report.
Opinion: In housing finance, the FHA is not the way · There are basically two choices here: 1) pay off your FHA mortgage or 2) refinance your FHA mortgage into a conventional loan that does not require PMI. The first option is fairly self-explanatory. If you pay down your FHA mortgage early, you’ll wind up.
Delinquent Loans Outnumber Foreclosure Sales 50:1. Nearly 4.1 million loans nationwide are 90 days delinquent or in foreclosure, according to Lender Processing Services’ May Mortgage Monitor report, National Mortgage News reported June 29. According to the report, foreclosure sales totaled 78,676 at the end of May.
The U.S. foreclosure crisis looks like it’s finally winding. states’ speedier processes have allowed banks to clean out backlogs of delinquent properties there, making fewer distressed homes.
The rise in investor purchases and distressed sales appear to be driven by homeowners motivated to seek short sales as lenders have pressed ahead to clear out a backlog of delinquent mortgages created by the housing crash nearly five years ago. Short sales currently outnumber foreclosure sales by a 3-to-2 margin, according to RealtyTrac.
Mortgage delinquency rate drops 18.4% annually: LPS Lender Processing Services Inc. (LPS) has reported the following "first look" at October 2012 month-end mortgage performance statistics derived from its loan-level database representing approximately 70 percent of the overall market. Total U.S. loan delinquency rate (loans 30 or more days past due, but not in foreclosure): 7.03 percent Month-over-month change in delinquency rate: -4.91 percent.
Bank of America Buys Back $2.5 Billion in Mortgage Debt. The two firms still have more than $10 billion of requests outstanding. Banks have a major incentive to cut deals with Fannie and Freddie. The two firms currently own or guarantee roughly two-thirds of all new mortgages in the United States. Bank of America reaches settlement with Fannie Mae.
FICO Labs, a unit of the Fair Isaac Corp., is implementing a new technology that will measure the likelihood of a homeowner walking away from their mortgage, even when they. borrowers See photos of.