Delinquencies, foreclosures, and homes in negative equity are continuing to free fall, according to the Urban Institute’s Housing Finance at a Glance monthly chartbook. Shares of all three declined over...
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National Bankruptcies Nearly Doubled in March
...to 2,797 filings in 19 filing days in February, and equates to 159 filings per day in March, compared to 150 per day in February. March’s business filings were also...
Read More »Foreclosures and the Year Ahead
Daren Blomquist, SVP of ATTOM Data Solutions, recently wrote in Housing News Report, ATTOM's monthly newsletter of industry news, on the distressed property crisis in areas of the country most...
Read More »Distressed Sales Still Sliding
Distressed sales dropped by 2.9 percentage points year over year since October 2015, according to a report released Wednesday by CoreLogic. Principal Economist Molly Boesel with CoreLogic said distressed sales,...
Read More »Study Touts Credit Union Savings
A study released Monday by the National Association of Federally-Insured Credit Unions (NAFCU) shows U.S. consumers save $16 billion per year through the credit union federal income tax exemption. The...
Read More »Cash Sales, Distressed Sales, and REO Sales, Oh My…
The shares of cash and distressed sales in the overall U.S. housing market in September continued their slow march back toward pre-recession norms. The most recent look into nontraditional sales...
Read More »Housing Chartbook Depicts Improvements in Post-Crisis Market
The Urban Institute recently released their monthly chartbook, and along with it data on the latest mortgage delinquency and foreclosure trends.It came as no surprise that these rates continued to...
Read More »Homeownership Rate for the “Foreclosure Generation”
Those born in the 1970s have fallen from having a 4 percent higher than normal homeownership rate in 2004 to a 7 percent lower than normal homeownership rate today, according...
Read More »Altisource Expands With Foreclosure Auction Services
...across the U.S., more than 2.7 million property inspections performed annually, more than 600,000 valuations provided annually, and more than 159,000 residential properties sold on Hubzu® with properties sold in...
Read More »Mortgage Write-Offs Hit a 9-Year Low
In the first quarter of 2016, consumers appear to be demonstrating strong repayment practices, while taking advantage of continued low-rate environment, according to data from the April 2016 Equifax National...
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