Items Tagged with 'Foreclosures'

ARTICLES

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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Strong housing market helps reduce lingering foreclosure inventory

RealtyTrac: Lenders take advantage of seller’s market
"Lenders have been taking advantage of the strong seller’s market to dispose of lingering foreclosure inventory over the past year, evidenced by 12 consecutive months of increasing bank repossessions ending in February and now evidenced by these numbers showing a sharp drop in vacant zombie foreclosures compared to a year ago," RealtyTrac senior vice president Daren Blomquist said.
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