Banks have dramatically scaled backed their foreclosure filings against Orange County homeowners. But will it last? The big drop in filings started in September. Mark Schniepp, an economist and.
Such notices are a strong indicator that more foreclosures may soon take place. The April report said there were 903 foreclosures, an increase of 23 percent over March but a drop. filing during the.
Some of the reason for the decline in fourth-quarter defaults is a drop-off in filings in December, according to a report last week from another foreclosure-tracking firm, ForeclosureRadar. was the.
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FORECLOSURE NOTICES SOAR, FORECLOSURE SALES DROP Government Intervention Continues to Play Havoc in Foreclosure Market Discovery Bay, CA, April 14, 2009 – ForeclosureRadar (www.foreclosureradar.com), the only website that tracks every California foreclosure, and provides daily auction updates, issued its monthly
FHA REO inventory up 47% from one year ago With a huge hat tip to Tanta, here is a video she posted years ago. Also PCE was revised up for January (slightly), February and March.. chart showing quarterly SF REO inventories at Fannie, Freddie, FHA, FDIC-insured. last March , down 39% from March 2011, and down 47% from September 2008.
NO END IN SIGHT FOR CALIFORNIA FORECLOSURE MESS March sees record levels of California foreclosure filings Discovery Bay, CA, April 15, 2008 – ForeclosureRadar (www.foreclosureradar.com), the only website that tracks every California foreclosure with daily auction updates; today issued it’s California Foreclosure Report.
According to the report, foreclosure filings for the month rose 3% from the prior month but declined 19% from the prior-year month. The states with the highest foreclosure activities were Nevada,
California Foreclosure Filings Drop in April May 17, 2010 by Christopher Hanson Leave a Comment ForeclosureRadar, an online resource that tracks foreclosure activity across the U.S., reports that California foreclosure filings dropped in April for the first time this year.
Senate bill requires response to short sale requests within 75 days 20m Borrowers Could Be Underwater before 2012: Deutsche Bank Where is all that investor and all-cash action? If Syria goes topsy turvy, you can forget comprehensive housing reform And the only way we can get back in good graces with the Hispanic community, in my view, is pass comprehensive immigration reform. If you don’t do that, it really doesn’t matter who we run in.Wells Fargo scaled back its subprime lending in 2004, well before the housing crash. That move, If the economy strengthens and rates suddenly rise, mortgages will suffer more than most other loans.senator unveils plan to refi 8 million underwater borrowers Sen. Jeff Merkley, D-Ore., submitted a new plan Tuesday for the government to buy up to 8 million underwater mortgages and refinance them into lower rates.There. Senator unveils plan to refi 8.Wyoming specified conditions under which a foreclosure sale can be rescinded by a seller.. If the city or town does not send a notice to the beneficiary within 90 days after.. Existing law requires a lender to file a notice of default in the case of.. for use by lenders in responding to mortgage loan modification requests by.
Foreclosure filings were reported on 186,455 U.S. properties – one in every 706 housing units – in October, an increase of 3% from September but a 19% drop from October 2011, according to new data from RealtyTrac. The three states with the biggest annual increases in foreclosure activity in October were those impacted by Hurricane [.]
Based on ForeclosureRadar’s data, California’s Notices of Default decreased 11.8 percent over Notices recorded for December and are down 10.6 percent from January 2008.. saw a drop in Notice of.
For West coast states, the foreclosure wave is reported to be dying down as third parties, who are typically investors, snatch up foreclosed homes, according to the February 2012 ""ForeclosureRadar.
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