Tag Archives: Legacy Loans

Indications of improvements in the mortgage risk performances space include are many, including tightened underwriting standards compared to the early 2000s and steadily declining negative equity, foreclosure starts, and distressed sales. What are the red flags the industry should be watching?

The pipeline of U.S. homes in some stage of foreclosure continues to decline with approximately 470,000 homes classified as in some state of distress during the month of August, down 25.2 percent from August of 2014, according to CoreLogic’s latest National Foreclosure report.