NASDAQ to delist Home Loan Servicing Solutions

NASDAQ to delist Home Loan Servicing Solutions

Next shoe in New Residential deal drops

First-time buyer GSE mortgage loans are getting far riskier

Risk index for agency mortgages for new buyers at series high

6 secrets to dealing with regulations for mortgage servicers

A candid look from the perspective of 2 recovering regulators
W S
Servicing / The Ticker

San Fernando Valley foreclosure rate hits 7-year low

prevention ave
/ Print / Reprints /
| Share More
/ Text Size+

According to the Los Angeles Daily News, foreclosure activity in the San Fernando Valley plummeted to its lowest level in nearly seven years last month, as housing prices continued to rise, giving troubled borrowers more leverage.

Last month, foreclosures plunged 64.7 percent, to 63 properties from 235 a year earlier and down from 103 in July, said the San Fernando Valley Economic Research Center at California State University, Northridge.

It’s the first time foreclosures dipped below the 100 mark since December 2006, just before the market tanked during the Great Recession.

Source: LA Daily News
Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus