The national delinquency. 39,000 loans put into foreclosure in April, the fewest of any month in more than 18 years. This was a month-over-month drop of 5.80 percent and 13.14 percent on an annual.
CoreLogic has released its june national foreclosure report which provides data on completed U.S. foreclosures and the national foreclosure inventory. According to. “Completed foreclosures.
should not be confused with “foreclosure starts,” which would indicate the number of loans beginning the foreclosure process each month. Loans in post-sale foreclosure or that are real estate owned are all loans in the LPS inventory that have completed the litigation process. This means that (1) a sheriff sale
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· The inventory of lower-priced homes. of annual drops in foreclosure activity, there are still 3.4 million homes that have either delinquent loans or are already in the foreclosure process.
LPS: December home prices rose 5.8% annually. Mortgage rate drop below 5 percent stirs demand. foreclosures are running at a record pace and banks are sitting on stockpiles of repossessed properties yet to be placed on the market.
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"REO sales no longer play the dominant role they once did in real estate transactions. The recent decline in REO sales, along with the decrease in inventory, is helping the market see an improvement in prices, according to a report from Corelogic." Housing Wire – "National foreclosure inventory drops: LPS" (1-14-13)
JACKSONVILLE, Fla. – July 9, 2012 – The May Mortgage Monitor report released by Lender Processing Services (NYSE: LPS) shows that the nation’s foreclosure inventory remains near all-time highs, with 4.12 percent of all active mortgages in the foreclosure pipeline in addition to the 3.2 percent that are 90 days or more delinquent but have not yet begun the foreclosure process.
· The total U.S. loan delinquency rate – loans 30 or more days past due but not in foreclosure – dropped to 6.8 percent in February, according to LPS. The delinquency rate has fallen 6.51.
Lender Processing Services Inc. (LPS) has reported the following "first look. Year-over-year, the change in delinquency rate was -3.03 percent and the total U.S. foreclosure presale inventory rate.
Cure counts for delinquencies one or two months past due saw an especially sharp drop month. 2.17 percent. The national average for foreclosure inventory stood at 3.87 percent. When comparing.
Multifamily housing bubble may be in the future Nice post. I think it’s probably too early to say whether or not a multifamily bubble is inflating. There’s a lot of pent up demand for rental housing and we still don’t have a complete picture as to how far the single family homeowner market will go in this tepid recovery.