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Category Archives: Foreclosures
B of A to Offer Principal Writedowns to 200,000 Delinquent Borrowers
From this morning’s DSNews.com, written by Carrie Bay: “Bank of America began mailing out more than 200,000 letters this week targeting borrowers thought to be eligible for principal-reducing modifications under terms of the recent settlement the company and four other servicers … Continue reading
California foreclosures slashed by 53%
California foreclosures slashed by 53% April 13th, 2012, 9:35 am · by Jon Lansner, of the Orange County Register Pin It For those who fear an oncoming wave of distressed properties that will swamp the housing market, here’s a bit … Continue reading
Foreclosure filings in California have fallen to lows not seen since fall 2008.
Here are some details from an article just posted by ForeclosureRadar.com: Foreclosure activity slowed in April. Foreclosure filings were down in Arizona, California, Nevada and Washington, with Oregon being the sole exception where filings were up. California filings were down … Continue reading
Foreclosure Activity Drops Throughout The Most Foreclosure-Heavy States
Foreclosure activity is slowing. According to foreclosure-tracker RealtyTrac, the number of foreclosure filings dropped 17 percent on an annual basis last month. Monthly filings ticked higher 1 percent after a combined 23 percent decrease through November and December 2010. Continue reading
Foreclosure Activity Falls For The Second Straight Month, Drops To 30-Month Low
According to foreclosure-tracking firm RealtyTrac, the number of foreclosure filings nationwide dropped for the second straight month in December. After falling 21 percent in November, filings were down by an additional 2 percent in December. Continue reading
Mortgage Delinquency Rate to Fall 20 Percent in 2011?
The mortgage delinquency rate (the ratio of borrowers 60 or more days behind on mortgage payments) is expected to fall nearly 20 percent by the end of 2011 to 4.98 percent, according to TransUnion. Continue reading
October 2010 : 5 States Account For Half Of The Nation's Foreclosure Activity
As usual, foreclosure density varied by region last month, with just 5 states accounting for close to half of the nation’s repossessed homes. Continue reading
Foreclosure Activity By Metro Area, Q3 2010
Foreclosures are a big part of the housing market, with distressed properties accounting for 35 percent of all home resales last month, according to the National Association of REALTORS®. But for as common as foreclosures can be, they remain a localized concern. Continue reading
Bank Reposessions Top 100,000 In A Month For The First Time Ever
The number of foreclosure filings rose 3 percent in September, according to foreclosure-tracking firm RealtyTrac. Continue reading
Home Defaults Dropped For The 7th Month In A Row In August
Despite foreclosure filings surpassing 300,000 for the 18th straight month, RealtyTrac’s monthly foreclosure report shows some bright spots for housing. Continue reading