Foreclosure rates are finally returning to historic norms. Foreclosure inventory and serious delinquencies both hit lows not seen in nearly nine years. The latest CoreLogic report provides more details and it seems all is not smooth sailing.
The nation continues to see foreclosure rates decline to lows not seen since 2000 or 2007. But there's still some ground to make up, especially in judicial states, which could be holding the market back from recovery. Here’s why.
The number of homes in some stage of foreclosure and the number of seriously delinquent mortgages are now at levels not seen since late 2007, according to a new report from CoreLogic. What's behind the drop? Read on to find out.
Freddie selected the winning bidder “on the basis of economics” from a pool of 22 prospective buyers that took part in the auction. When contacted, Freddie declined to identify the winner of the auction.
Some of our 2016 award winners have worked their way up in traditional mortgage companies, while others started their own businesses. They have made their mark in marketing, technology, economics, compliance, asset management, operations and business development.
According to Harvard University’s Joint Center for Housing Studies, the supply gap in 2015 was 400,000 units. Of course, that leads to price inflation on rental rates for existing units as well as driving developers to build. But today’s construction isn’t necessarily providing for all of tomorrow’s renters.
The solutions that offer so much promise also open up the possibility of 24/7 availability. The mission of many in our industry is satisfying consumer demand, and understandably so. But we should be careful. Sometimes consumers are ridiculous and unreasonable. Sometimes meeting their demands comes at too high a price.