Items Tagged with 'Foreclosures'

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CoreLogic: Foreclosures fall to lowest level since 2006

Recovery from housing crisis continues
In another sign that the recovery from the housing crisis is ongoing rather than stalled out, the total number of completed foreclosures in 2015 was the lowest number of completed foreclosures in any year since 2006, a new report from CoreLogic shows.
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Is Nevada’s HOA solution just another problem for mortgage servicers?

Exercising the new right of redemption on HOA sales
Redemption requires timely and reasonable cooperation by the purchasers, the same purchasers that the servicers have been litigating with for the last several years. As a result, exercising the right of redemption could very well lead the servicer into quiet title litigation, again. Here's what you need to do.
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CoreLogic: Foreclosures fall to lowest level since 2007

Foreclosure inventory and mortgages in serious delinquency hit 8-year low
The inventory of homes in foreclosure continued to decrease in November 2015, falling to the lowest level since November 2007, a new report from CoreLogic showed. But it wasn’t just the number of homes in foreclosure that fell to an eight-year low.
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Black Knight: Delinquency rate rises for 2nd month to 4.9%

But foreclosure starts are down 16.25% since September 2014
Here's a “first look” at September 2015 month-end mortgage performance statistics derived from Black Knight Financial Services’ loan-level database representing the majority of the national mortgage market. According to the results, the national delinquency rate is the highest it has been since May of this year.
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Bank repossessions up 66% in third quarter from 3Q14

Foreclosure starts down 14% to 10-year low
There was a total of 327,258 properties with foreclosure filings in the third quarter of 2015, down 5% from the previous quarter but up 3% from the third quarter of 2014. According to RealtyTrac, the rise from a year ago is the result of two starkly different trends taking place.
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