...Rodriguez is Stern & Eisenberg’s New York Managing Attorney, overseeing all facets of the New York office’s day-to-day operations including creditors’ rights, foreclosures, REO evictions, CEMAs and all other areas...
Read More »Search Results for: foreclosures
Snapshot: Mortgage Delinquencies Rise, Foreclosures Fall
...early- and late-stage delinquency improved. Serious delinquencies (90+ days past due) rose to 475K, but were still 19% (-108K) below where they were they ended December 2022 The 24,000-some foreclosures...
Read More »December Home Sales Fall Over 6% YoY
...sales—foreclosures and short sales—represented 2% of sales in December, virtually unchanged from last month and the previous year. Single-family home sales edged lower to a seasonally adjusted annual rate of...
Read More »The Week Ahead: Evaluating the 2024 REO Landscape
...of businesses includes title and escrow services, and he has emerged as a leader in the auction sale to service clients in most western U.S., where non-judicial foreclosures are concerned....
Read More »2023 U.S. Foreclosure Activity Snapshot
...foreclosures (REO) in 2023, down 2% from 2022 but down 71% from 2019 (143,955) and down 96% from a peak of 1,050,500 in 2010. States that saw the greatest number...
Read More »CFPB and Justice Department Charge Developer and Lender Over Predatory Practices
...tens of thousands of Hispanic consumers into their predatory loan products. Foreclosure and property deed records from September 2019 through September 2022 show that Colony Ridge initiated foreclosures on at...
Read More »Seriously Delinquent GSE Loans Drop in Q3
...1.52% for all loans (industry average). The GSEs’ Foreclosures Foreclosure starts increased 9% to 19,489, while third-party and foreclosure sales decreased 4% to 3,615 in Q3. Refinance Activities Although it...
Read More »Report: How Community Developers Impact Neighborhood Stabilization Efforts
...we do things faster and everybody wins," said Francois, an Auction.com buyer in Houston. Renovated Foreclosures Require 23% of Local Family Income to Purchase Roughly 18% of local family income...
Read More »Eyes on the Horizon
...SVP, U.S. Bank’s Consumer Business Banking Operations: Continued limited inventory and only a slight uptick in foreclosures. Borrowers have a lot of equity and are more engaging with their servicers....
Read More »1 in 4,300 Homes at Risk of Foreclosure
...(64). Though, the greatest number of foreclosures starts still remain in the red-hot real estate markets of California, Florida, and Texas. States that had the greatest number of foreclosure starts...
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