...or more days past due, but not in foreclosure): 2.75% Month-over-month change: -1.93% Year-over-year change: -41.96% Total U.S. foreclosure pre-sale inventory rate: 0.33% Month-over-month change: 1.03% Year-over-year change: 17.55% Total...
Read More »Search Results for: foreclosure
The Week Ahead: Finding Balance Within Housing Inventory
...the playing field between families and large investors. According to Roofstock, following the 2008 financial crisis and subsequent home foreclosure crisis, corporate ownership of single-family rental (SFR) homes rose significantly,...
Read More »Which Counties Are Most At-Risk of Economic Decline?
...danger of economic declines in the near future. Basing their findings on affordably numbers, local unemployment rates, underwater mortgages, and recorded foreclosures, counties near Chicago, New York City, and inland-California...
Read More »Expert Insights: And Housing for All …
...mortgage brokerage focusing on modifying loans for families facing foreclosure, and the manager of a law firm specializing in negotiating mortgage terms for families facing Trustee Auction dates. She can...
Read More »Boosting Borrower Responsiveness in a Time of Crisis
...biggest challenges is getting non-responsive borrowers out of foreclosure. Our clients, investors, regulators—they all want to avoid foreclosure. So, it's different, as a foreclosure manager, to spend more time focused...
Read More »Working Without a Crystal Ball
...from the same time last month. ATTOM, parent company to RealtyTrac, the largest online marketplace for foreclosure and distressed properties, released its Q1 2022 U.S. Foreclosure Market Report. It found...
Read More »Foreclosure Update: The “Slow, Steady Climb Back to Normal”
...May 2022 included: Florida (2,483 foreclosure starts) California (2,238 foreclosure starts) Texas (2,019 foreclosure starts) Illinois (1,757 foreclosure starts) Ohio (1,285 foreclosure starts) Those major metropolitan areas with a population...
Read More »Delinquencies Find New Low in March, But Will It Last?
...Serious Delinquency (90 days or more past due, including loans in foreclosure): 1.4%, down from 3.5% in March 2021 and a high of 4.3% in August 2020. Foreclosure Inventory Rate...
Read More »HUD Expands Housing Counseling Locator Tools
...assistance, considering a reverse mortgage, and avoiding eviction or foreclosure,” said Assistant Secretary for Housing and Federal Housing Commissioner Julia Gordon. The online locator is available in English and Spanish...
Read More »Court Reverses Dismissal of Borrower’s Collections Claims Against Servicer
...Fargo refused to accept Daniels’ interest-only payments and initiated foreclosure proceedings. Daniels successfully moved to enforce the Countrywide Modification. The court “sanctioned Wells Fargo for improperly bringing the foreclosure action”...
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