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Foreclosures down for third straight month as lenders manage backlog: RealtyTrac Short sales and foreclosures equally degrade fico scores Foreclosures and Short Sales, Equal Ills.. the loan modification might not even show up on your credit reports or fico credit score. A foreclosure and short sale inflict equal damage to your.RealtyTrac.
The number of homes entering the foreclosure process, so-called foreclosure starts, fell to 87,066 in September, down 12 percent from August and 15 percent from a year earlier. It was the second-straight month of declines following three months of increases, Irvine, Calif.-based RealtyTrac reported.
Foreclosures down for third straight month as lenders manage backlog: RealtyTrac Liquidation rates shrink, despite rise in short sales: Morningstar homebuilder spring selling season off to solid start
Foreclosures up for third straight month . By John Hielscher. vice president at RealtyTrac. "Lenders and courts are pushing through stubborn foreclosure cases that have been languishing in.
That’s down 3 percent from September, the third straight monthly decline. But national foreclosure filings are still up 19 percent from a year ago, RealtyTrac. struggling to manage the onslaught..
Foreclosures down for third straight month as lenders manage backlog: RealtyTrac Liquidation rates shrink, despite rise in short sales: Morningstar Homebuilder spring selling season off to solid start
DC Judge: Mortgage Servicing Settlement does not require absolute perfection In October 2013, the New York AG’s Office filed a motion to compel enforcement of the National Mortgage Settlement against Wells Fargo, alleging that the bank does not sufficiently adhere to the loan modification review timelines agreed to by the bank in the National Mortgage Settlement.
Lenders repossessed 53,478 homes last month, a drop of less than 1 percent from the previous month, down 21 percent from October 2011. Home repossessions have declined on a monthly basis the past.
S&P: Shadow inventory levels begin to improve Are home prices the latest evidence housing is stalling, or bubbling? MGIC writes $3.3B in primary new insurance MGIC bulletins announce changes to our Underwriting Requirements and/or rates. mgic news releases provide the results of our evaluation of industry changes, GSE bulletins, and announcements where we are not changing our Underwriting Requirements or premium rates.Even if mortgage rates rise to 7.5 percent, well above their 5.8 percent average for 2004, housing prices in most markets are likely to remain at or above their 2000 levels." That’s in line with earlier comments by Greenspan who has held that any decrease in home prices has never matched the preceding increase.Target Is Simplifying Its Supply Chain To Solve. – Fortune – · Target, which last year reported a 2.1% increase in comparable sales and told investors it is aiming for growth of up to 2.5% this year, and then 3% in 2017 and beyond, didn’t detail which.SolarCity announces another investment fund with JPMorgan · Solar power: Brighter long-term investment outlook. a San Francisco venture capital firm that was spun out of a JPMorgan equity fund in 2008 and which has invested in the Ivanpah complex. “There’s going to be a lot more choice very soon,” she says, citing the coming of gigawatt-sized solar projects by 2016.. She sits on the board of.
Capmark Financial Group Inc., the bankrupt commercial lender, said it ended. over-year basis for the 10th straight month, and were down 4 percent from June. One in 611 households got a notice. The.
Foreclosure activity in April fell nationally to the lowest level since the summer of 2007, but government intervention and the recent billion mor. no inventory!" Bank repossessions (REO) are down for the third straight month, according to RealtyTrac. Lenders took back 51,415 properties in April.
Foreclosure filings were down for the second straight month, but bank repossessions reached a new monthly record, according to online foreclosure marketplace, RealtyTrac.There were 322,920.
Foreclosure filings on U.S. homes in September fell to their lowest level in five years, but some states are still seeing their foreclosures rise, a report from RealtyTrac said on Thursday.