Home / Tag Archives: Equity

Tag Archives: Equity

Staying Afloat

Overall, the number of underwater borrowers is down in the U.S., but a report released today reveals something interesting: those remaining underwater mortgages are largely concentrated in certain price tiers and geographic areas. What three cities claim the most?

Read More »

Seriously Underwater Properties Fall to Lowest Level in Two Years

9.1 million U.S. residential properties were seriously underwater in the first quarter of 2014, according to RealtyTrac's U.S. Home Equity & Underwater Report. Seriously underwater properties, which are homes where the combined loan amount secured by the property is at least 25 percent higher than the property's estimated market value, represented 17 percent of all properties with a mortgage.

Read More »

Borrowers Struggle Despite Equity Gains

The ongoing price recovery and rise in positive equity around the country has been cause for celebration among many industry commentators--but they’re not much comfort to those who continue to struggle to pay their mortgages, Fitch Ratings says in a new release. Over the last two years, Fitch estimates the percentage of borrowers entering foreclosure with positive equity has roughly doubled. “It is clear that rising home prices have had a positive influence on borrower behavior. However, some portion of borrowers still exhibit an inability to recover as the economy has moderately improved,” the agency said in its analysis.

Read More »

Housing Momentum Stalled by Cautious Consumers

According to Fannie Mae's November National Housing Survey, positive momentum in the housing market has slowed as Americans remain cautious about their personal finances and the overall state of the economy. Nearly two-thirds of those surveyed believe the economy is on the wrong track. Within the next year, 22 percent expect their personal finances to worsen and only 45 percent expect home prices to increase.

Read More »

Why so Few Houses for Sale? Lots of Reasons.

Inventories of homes for sale have been slow to bounce back since the 2007-09 recession, despite steady price appreciation since January 2012. Normally, higher prices reflect robust sales. But lately, prices have been rising even though sales remain stuck at relatively low levels, largely due to a lack of inventory. So why are there so few homes for sale? Two Fed economists examine the many factors affecting today's inventory levels.

Read More »

GET YOUR DAILY DOSE OF DS NEWS

Featuring daily updates on foreclosure, REO, and the secondary market, DS News has the timely and relevant content you need to stay at the top of your game. Get each day’s most important default servicing news and market information delivered directly to your inbox, complimentary, when you subscribe.