DSNews – BY: Krista Franks Brock, 1/13/2014 When a homeowner is unable to make their mortgage payments or owes more on the home than it’s worth, a short sale can be a viable option that avoids the negative implications of a foreclosure for both the homeowner and the mortgage-holder. However, common perceptions […]
Category: Foreclosure
Foreclosures, Foreclosure Inventory, Serious Delinquencies All Falling
DSNews BY: Krista Franks Brock December 9, 2013 Foreclosures are declining but continue to remain well above pre-crisis norms, according to CoreLogic’s October National Foreclosure Report released Monday. During the month of October, the company reports 48,000 foreclosures were completed. That’s down 30 percent from the 68,000 reported in October of last […]
Markets Approach Normalcy as Foreclosure Crisis Enters ‘Ninth Inning’
DSNews By: Krista Franks Brook 12/11/13 The national foreclosure crisis is reaching its end as many markets work their way toward normalcy, according to the latest U.S. Foreclosure Market Report from RealtyTrac. As major evidence of this trend,RealtyTrac reports foreclosure starts reached a 95-month low in November. http://tinyurl.com/m6clom9
Delinquency Study Indicates Housing Is Nearing Pre-Crisis Norms
By: KRISTA FRANKS BROCK, DSNews.com 11/7/13 Delinquency and foreclosure data reveals the housing market is heading back to pre-crisis norms, according to the Mortgage Bankers …See More http://tinyurl.com/ny4t9zg
Florida helps write down mortgages for underwater homeowners
New from the FAMP Government Affairs Committee By Kimberly Miller – Palm Beach Post Staff Write Florida’s key foreclosure prevention program has turned its sights on seriously underwater homeowners, offering up to $50,000 to pay down mortgage debt and help regain equity in the state’s still mending real estate market. Announced Friday, the new plan differs […]