TRID is a real obstacle to mortgage process

Fed adopts new rule limiting 'too big to fail' bailouts

New emergency lending policy targets 'broad-based' issues, not specific firms

FHFA announces 2016 conforming loan limits

Much of U.S. left unchanged; limits increase in 39 ‘high-cost’ counties

Items Tagged with 'RealtyTrac'


RealtyTrac: Foreclosure starts post highest jump in more than four years

Should the industry be concerned?
Foreclosure filings in October were up 6%, primarily due to a 12% monthly jump in foreclosure starts. While the increase in foreclosure starts isn’t a giant surprise, it did exceed expectations. Add in even more dramatic monthly increases in certain states, and it's certainly a concern.
Read More

RealtyTrac: Is home flipping making a comeback?

Best markets for flipping to both Millennials and Baby Boomers
The number of single-family homes and condos flipped in the third quarter of 2015 is up 18% from the third quarter of 2014. According to Daren Blomquist, vice president at RealtyTrac, "Real estate investors have started to jump back on the flipping bandwagon in 2015."
Read More

RealtyTrac: Number of seriously underwater foreclosures falls to new low

Overall total of seriously underwater properties fell 500K in third quarter
The number of properties classified as “seriously underwater,” where the homeowner owes at least 25% more than the estimated value of the home, fell significantly during the third quarter thanks to a surge in home sales volume and prices, according to RealtyTrac’s Q3 2015 Underwater and Home Equity Report.
Read More

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.
Read More

Half of major metros on track to hit highest home sales since 2007

All-cash share rebound, FHA buyer share growing
Single-family home and condo sales through August were on pace for an eight-year high nationwide. According to the vice president of RealtyTrac, "The shockwaves from recent global stock market instability have not weakened the housing recovery and in fact there is evidence that the instability has fueled more demand for U.S. real estate."
Read More

RealtyTrac: Nearly 40m homes at high risk of natural disater

Home prices in highest risk areas down 6% in last decade
With California wildfires still burning and the reminder of the 10th anniversary of Hurricane Katrina here, the risk of natural disaster is on the minds of the folks at RealtyTrac. Here's what they found look at the cost and risk for housing markets. Read on.
Read More

RealtyTrac: Share of in-foreclosure sales hits 15-year low

Cash sales hit 8-year low
Sales of properties in-foreclosure and cash sales were down from a year ago to multi-year lows while year-to-date U.S. home sales in 2015 are at an eight-year high, and the U.S. median home price in July was at an 82-month high. Say what you will, this is one area of housing that's slowly fading. Read on.
Read More