Items Tagged with 'Foreclosures'

ARTICLES

Homeowners facing foreclosure hit 9-year low

Black Knight report shows only 1% of all mortgages in active foreclosure
A new report from Black Knight Financial Services shows that by one metric, the housing market is healthier than it’s been since the crisis began. According to new data released Tuesday morning by Black Knight, the rate of loans in active foreclosure is lower right now than at any point in the last nine years.
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EXCLUSIVE: Caliber Home Loans sued by Chronos Solutions over nearly $3 million in unpaid bills

Caliber, Lone Star Funds accused of not paying expenses on foreclosures
The New York Department of Financial Services is already reportedly looking into how Caliber Home Loans and its parent company, Lone Star Funds, after receiving complaints from consumers about how the companies handle foreclosures. But now, the companies have another fight on their hands over their foreclosure practices, and it comes from an unlikely source – one of their own vendors.
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Women [still] better at paying their mortgages

Here’s more evidence
A new study from ATTOM Data Solutions shows, once again, that women are better than men at paying their mortgages. The study shows that women are less likely to go into foreclosure, despite the fact that on average they earn a lower income than men.
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Black Knight: Fewer homeowners refinancing

But foreclosure starts down
Rates are near all-time lows. This should be great news for homebuyers, but despite this, homeowners are not refinancing their homes. According to a new report from Black Knight Financial Services, nearly 9 million people aren't taking advantage of this low-rate environment.
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More homeowners taking loan modifications, avoiding foreclosures

Mortgage servicers complete 400% more solutions than foreclosures
Servicers are providing more options for homeowners in danger of foreclosing. Some homeowners didn’t qualify for a long-term permanent loan modification, in which case the mortgage servicers looked for a short-term option that, in many cases, led to a permanent solution.
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CoreLogic gives University Data Portal an upgrade

Now shows foreclosure data and market trends
“These enhancements significantly expand the scope of research that can be performed through use of the CoreLogic University Data Portal and provide deep insight into the most seismic real estate event of the last 80 years: the mortgage and foreclosure crisis,” said CoreLogic Chief Economist Frank Nothaft.
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