New data from CoreLogic’s and RealtyTrac’s respective foreclosure reports show one in every 1,600 housing units had a foreclosure filing. Which states claim the spots for the top 10 highest foreclosure rates?
Read More »First-Lien Mortgages Get an A+
The OCC reports improvement across the board for recent mortgage metrics, but what have servicers done to make this possible?
Read More »Loan Modifications Increase as Foreclosure Sales Decrease
HOPE NOW, the voluntary, private sector alliance of mortgage servicers, investors, mortgage insurers and non-profit counselors, has released its July 2016 loan modification data.
Read More »Delinquency Rate Upswings in July
The national delinquency rate rose in July; what were the factors that contributed to this upswing?
Read More »Housing Bust Foreclosures Drove Up SFR for Metro Areas
Metro areas that experienced more foreclosures during the housing bust have seen a larger increase in the share of single-family homes that are rented.
Read More »What Effects Do Low Rates Have on Mortgage Holders?
The recent Black Knight Mortgage Monitor analyzes the effect that new multi-year lows in rates are having on the population of 30-year mortgage holders who could both likely qualify for and benefit from refinancing.
Read More »Boomerang Buyers Bounce Back
After seven years passing for the black mark of foreclosure to be removed from consumer credit reports after the foreclosure peak in 2010, 1.9 million homeowners will have met the required time after which the Fair Credit Reporting Act requires derogatory information to be removed.
Read More »Foreclosed Home Values Skyrocketing Since Crisis
Foreclosed homes that met their fate during the housing crisis are gaining value nearly twice as much as other homes—but with no benefit to the original owners of the homes.
Read More »The Week Ahead: Will Foreclosures Fall Even Further?
In April, the nation's foreclosure rate and serious delinquency rate dropped to new pre-crisis lows. On Tuesday, July 12, the industry will find out how much further those numbers fell in May.
Read More »Fewer Distressed Homes For Sale in Hardest Hit Areas
A decline in the glut of homes available in the hardest hit areas is good news for housing, according to the National Association of Realtors.
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