Tag Archives: Foreclosures

Some states have enacted legislation at the state level to fight vacant and abandoned properties. Now there is a federal proposal to address the problem.

Foreclosure- and default-related metrics have experienced lengthy, steady declines over the last six years since peaking in 2010 at the depth of the crisis. One measure remains elevated, however.

The improved credit quality of mortgage loans originated post-crisis has resulted in fewer delinquencies and defaults, which in turn has resulted in a substantial decline in loan modifications industry-wide.

Robert R. Hoose, Vice President with the Law Offices of John D. Clunk Co., LPA, recently talked to DS News in depth about a foreclosure reform bill which he played a key role in developing and moving through the state legislature in Ohio.

While 90-plus days overdue mortgage loans have been on the steady decline for six years, they still have some room to go.

What implications does April's rise in 30-day delinquencies have for the mortgage industry?

Local municipalities in the areas hit hardest by the foreclosure crisis have made various attempts through legislation to combat the problem of “zombie properties.” How does the most populous town in the U.S. propose to handle the problem?

Overall housing inventory has been tight for 44 straight months, and the share of distressed properties sold is way down from its peak. But that isn't stopping investors.

Richard M. Nielson, managing partner of Nielson & Sherry, PSC, discusses some of the obstacles he has encountered.

The fact that mortgage delinquencies are declining steadily for a few years now has been no secret. But just how low are they getting?