Trending Thursday: More McMansions, Ferguson home values and more

Trending Thursday: More McMansions, Ferguson home values and more

Plus the real truth about whether renters really want to buy

Exclusive: Redfin’s chief economist answers 5 tough questions

Nationalizing the GSEs, the silver bullet for Washington policy and more

HUD: Associated Bank ‘redlining’ settlement largest ever

HUD Secretary Castro says settlement “sends a strong message”
W S

Items Tagged with 'Foreclosures'

ARTICLES

RealtyTrac: Foreclosure activity jumps to highest level in 18 months

Bank repo activity fueled big drive up in foreclosures
Trey Garrison
Foreclosure filings were up 3% in April and up 9% from a year ago, pushing to an 18-month high. Here’s where it went off track.
Read More

Fannie Mae accused of widespread racial discrimination

Housing groups say GSE neglects foreclosures in minority neighborhoods
Ben Lane
The National Fair Housing Alliance and 19 local fair housing organizations are accusing Fannie Mae of widespread racial discrimination, claiming that the GSE maintains and markets its foreclosures in white neighborhoods “consistently better” than in middle- and working-class African American and Latino neighborhoods. Fannie Mae says the charges are without merit.
Read More

Black Knight: March foreclosure starts skyrocket 18% from February

Delinquency rate sees largest monthly drop since 2007
Trey Garrison
The March delinquency rate dropped 12% month-over-month, the largest monthly decline in nine years, but at the same time foreclosure starts skyrocketed 18% in March. Here’s what happened.
Read More

Wells Fargo breached national mortgage settlement

Judge finds bank did not properly evaluate homeowners
Trey Garrison
A federal judge has found that Wells Fargo breached a nationwide 2010 legal settlement involving adjustable-payment mortgages, finding that the bank did not properly judge and evaluate borrowers who applied for help to avoid foreclosures.
Read More

CoreLogic: Foreclosure inventory down 27.3% since February 2014

Total now down 67% from peak in 2010
Trey Garrison
Foreclosures and delinquencies are way down from last year and from their peaks right after the housing crash. Fewer opportunities for investors, but what does it mean for the economy as a whole?
Read More

More than one-third of America holds no emergency savings

Improving economy still leaves millions on brink of foreclosure
Ben Lane
Despite marked improvement in the economy since the end of the housing crisis, millions of Americans are still on the brink of foreclosure due to a lack of savings. How bad is it?
Read More

Black Knight: Foreclosure inventory reaches lowest level since 2007

Last month’s jump in foreclosures reverse course
Trey Garrison
January’s jump in foreclosure starts reversed course - and then some - in February, dropping by 15% to 79,700 for the month, its lowest level since last November, and the third lowest point in at least seven years. Here's what happened.
Read More

HOPE NOW: 35,000 homeowners receive loan modifications

Loan mods drop as foreclosure sales decline
Brena Swanson
Although the number of borrowers receiving loan modifications has declined monthly, this is not necessarily bad news for housing.
Read More

RealtyTrac: Foreclosures will soon return to pre-crisis level

Foreclosure activity falls to lowest level since July 2006
Ben Lane
This year may finally be the year that we're able to put the foreclosure crisis behind us. According to a new report from RealtyTrac, foreclosure activity, which includes default notices, scheduled auctions and bank repossessions, is on track to return to pre-crisis levels by the end of 2015.
Read More

Foreclosure: The Movie… (finally!) coming to a screen near you

In new film, neighborhood of foreclosed homes drives man insane
Ben Lane
You can say a lot of things about the foreclosure crisis, but you can’t say that moving into a neighborhood destroyed by foreclosures could drive a man insane after he falls victim to ancient curses while living a haunted house. Until now!
Read More