The do’s and don’ts of good credit for Millennials

Are REOs ready for a comeback?

Clear Capital: Increases in distressed, seasonal changes suggest yes

Mortgage application defects keep rising

Michigan, Florida, Texas lead First American application defect index
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Items Tagged with 'Daren Blomquist'

ARTICLES

RealtyTrac: Seriously underwater homes hit 2-year low

But it’s not all positive news
“The decrease in underwater properties is promising but the estimated $1.4 trillion in negative equity means that the flood waters are not receding as quickly as they were before, corresponding to slowing home price appreciation,” said Daren Blomquist, vice president at RealtyTrac.
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RealtyTrac: Foreclosure filings increase first time in 3 years

Rise in foreclosures foreshadows new industry trend
Foreclosure filings, including default notices, scheduled auctions and bank repossessions, were reported on 317,171 U.S. properties in the third quarter. According to Daren Blomquist, vice president at RealtyTrac, this rise in foreclosures foreshadows a new trend.
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Mortgages: Has Dodd-Frank failed?

Industry needed its 250 new standards

The need for Wall Street Reform arose precisely because the financial industry was under-regulated. No less an authority than Alan Greenspan, the former head of the Federal Reserve and chief architect of the less-regulation approach, told Congress in 2008 that “those of us who have looked to the self-interest of lending institutions to protect shareholders equity, myself included, are in a state of shocked disbelief.” 


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Is the boom era for home flipping ending?

RealtyTrac: Trends return to historical normal
"Home flipping is settling back into a more historically normal pattern after a flurry of flipping during the recent run-up in home prices in 2012 and 2013," said Daren Blomquist, vice president at RealtyTrac.
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When rising homes prices are not enough

Positive equity is not a barrier to foreclosure
Despite rising home prices, some homeowners are still entering the foreclosure process. It seems even with equity at their fingertips, these borrowers cannot catch a break. Fitch Ratings explains why equity means very little when a borrower simply has no ability to pay.
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