Citizens Times BY: Don Davies July 13. 2014 Five years after the Great Recession, fewer homeowners are falling behind on mortgages and losing their houses. Buncombe County is down to 248 foreclosure filings so far this year, from the peak of 1,376 in 2010. But Tom Luzon is still worried. […]
Tag: Foreclosure
Foreclosure Activity Decreases in April
DSNews BY: Colin Robins May 15, 2014 RealtyTrac’s latest U.S. Foreclosure Market Report for April 2014, revealed foreclosure filings were down 1 percent from March, totaling approximately 115,000. April’s figure reflects a year-over-year decrease of 20 percent. The report found one in every 1,137 U.S. housing units with a foreclosure filing during the month. […]
Total Home Sales and Prices Tick Slightly Upward in March
DSNews BY: Colin Robins April 24, 2014 According to RealtyTrac’s latest Residential and Foreclosure Sales Report for March and Q1 2014, U.S. residential properties sold at an estimated annual pace of roughly 5.2 million homes in March, a .4 percent increase from February, and up 8 percent from the previous year. The median sales price for […]
Mortgage Delinquency Rate Continues to Drop
DSNews BY: Colin Robins May 7, 2014 The mortgage delinquency rate declined to 3.61 percent at the end of the first quarter of 2014, according toTransUnion’s latest mortgage report. Overall, the mortgage delinquency rate has dropped 24 percent in the last year, and has experienced nine consecutive quarters of decline. Currently, the rate is […]
HUD: Housing Improves; Still Needs Further Recovery
DSNews BY: Colin Robins May 9, 2014 The U.S. Department of Housing and Urban Development (HUD) released its April 2014 Housing Scorecard, noting that home prices remained stable, foreclosure completions continued to their lowest levels since mid-2007, existing home sales stabilized, new home sales slowed, and the administration’s foreclosure mitigation efforts continued to provide […]
Delinquency Rates Drop to Lowest Since 2008
DSNews – By: Colin Robins, February 21, 2014 The Mortgage Bankers Association (MBA) released its National Delinquency Survey Thursday, reporting the seasonally adjusted rate for delinquent mortgages is 6.39 percent, the lowest level since 2008. The figure represents mortgage loans for 1 to 4 unit residential properties, and takes into account all loans outstanding at the […]
Decline in Foreclosures Outpaces Decline in Loan Modifications
DSNews By: Carrie Bay, 1/24/2014 An estimated 44,000 homeowners received permanent loan modifications from mortgage servicers during the month of November under both proprietary servicer programs and the government’s Home Affordable Modification Program (HAMP), HOPE NOW reports. While that total represents a 12 percent decrease from the 50,000 loan mods completed in October, the most recent […]
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 […]
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 […]
