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Tag Archives: Home Equity

Home Equity Finds New Highs

Home equity hit a new high in the second quarter according to CoreLogic, as homeowners with mortgages gained a collective $3.6 billion year-over-year over the course of a single quarter.  According to CoreLogic’s Homeowner Equity Report, homeowners with mortgages (which ...

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Average Homeowner Equity Exceeds $233K

Credit bureau TransUnion has released its second quarter Credit Industry Insights Report which highlighted how the number of consumers with credit cards and personal loans has reached record highs, driven by an increase in loans to non-prime consumers.  “Consumers are ...

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Servicers Brace for Rise in Foreclosure Activity

Mortgage servicers polled in a new report expect 23% of seriously delinquent mortgages to complete foreclosure over the next year, with pandemic backlog and regulatory intervention having the biggest impact on foreclosure volume.

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Tappable Equity Makes Record Growth

Black Knight Inc., has released the latest iteration of it Mortgage Monitor Report for December 2021 which looks at record growth in tappable equity and the current for-sale inventory crisis and its effects on the wider market.  According to Black Knight ...

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Underwater Homes on the Decline

The most recent edition ATTOM’s U.S. Home Equity & Underwater Report for the fourth quarter shows that nearly half of mortgaged residential properties were considered “equity-rich” meaning that the remaining balance of a mortgage was no more than 50% of their ...

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