Tag Archives: Foreclosure

The number of foreclosure deeds in New Hampshire fell in March, suggesting that New Hampshire's long term foreclosure outlook will continue to improve, according to the New Hampshire Housing Finance Authority (NHHFA). The foreclosure activity in the first quarter of 2014 was below that of every year since 2007, and is 21 percent below last year's first quarter.

The mortgage delinquency rate declined to 3.61 percent at the end of the first quarter of 2014, according to TransUnion's latest mortgage report. Overall, the mortgage delinquency rate has dropped 24 percent in the last year, and has experienced nine consecutive quarters of decline.

In Black Knight Financial Services’ latest Mortgage Monitor Report, the company found that only one in ten Americans are underwater, down from one in three in 2010. Overall, the company's look at March data reflected a shifting landscape.

Findings from a review done on foreclosures by the United States Government Accountability Office (GAO) found that errors made by banks might have been much higher than believed. In September 2010, amid allegations of inappropriately signed documents, federal coordinators began on-site reviews of servicers to evaluate foreclosure processes.

CoreLogic's latest National Foreclosure Report, utilizing data through March 2014, found that foreclosure inventory is down 5.1 percent from February. The percentage of homes seriously delinquent on their mortgages fell as well to 4.7 percent, the first time the seriously delinquent rate has been this low since October 2008.

A rise in foreclosure starts and auctions caused an increase in U.S. foreclosure activity in March, up 4.0 percent from the previous month. The U.S. Foreclosure Market Report released by RealtyTrac reported approximately 117,000 foreclosure filings for the month, down 23 percent from March, 2013.

The Office of the Comptroller of the Currency (OCC) released a report Thursday, highlighting the performance of first-lien mortgages serviced by large national and federal banks continued to improve in the fourth quarter of 2013. The OCC Mortgage Metrics Report for the Fourth Quarter of 2013 found 91.8 percent of mortgages were currently performing, up slightly from 91.4 percent in Q3 2013.

Recovery in the housing market is stumbling back to solid ground, thanks to a rise in home prices and existing home sales, as well as a drop in foreclosures, according to the latest Housing Barometer report released Wednesday by Trulia.

The number of loans in foreclosure has dropped by more than 500,000 since last year, according to Black Knight Financial Services (BKFS) "First Look" Report focused on February mortgage data. The Data and Analytics Division of BKFS found that foreclosure inventory stood at 1.24 million as of the end of February, 2014.

RealtyTrac released a new analysis of the foreclosure housing market on Thursday, which found that 96 percent of U.S. county real estate markets are better off than at the height of the foreclosure crisis four years ago.