Short Sales Cost Lenders $310m More Than Necessary, CoreLogic Study Finds

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Lenders Out $310M from ‘Preventable’ Short sale losses: corelogic. The number of short sales has more than tripled since 2008, with the estimated annual volume now at 400,000, according to.

Weekend sales. little less than $622,000. Though Mr Murphy said the Reserve Bank of Australia’s expected cut to interest rates on June 4 would have a positive flow-on effect to prices. ‘Also, home.

CoreLogic, a provider of information, analytics and business services, has released its December Home Price Index (HPI) which shows that home prices in the U.S. declined for the fifth month in a row. According to the CoreLogic HPI, national home prices, including distressed sales, declined by 5.46 percent in December 2010 compared to December 2009 and declined by 4.39 percent in November 2010.

Prices still rose another 2.8% to a median of $247,500 nationwide. The real story was the drop in lower priced homes as depicted in this graphic from NAR. With low mortgage rates, it’s believed sales will once again grow. 60,000 more homes were on the market. Montgomery-area home sales up 14 percent in April from one.

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CoreLogic up for sale? We reported last week that a committee had been formed and a financial adviser hired to investigate CoreLogic’s options from a potential sale just a year after being spun.

The CoreLogic HPI is built on industry-leading public record, servicing and securities real-estate databases and incorporates more than 30 years of repeat-sales transactions for analyzing home price trends. Generally released on the first Tuesday of each month with a five-week lag, the CoreLogic HPI is designed to provide an early.

A real estate short sale is a type of pre-foreclosure sale in which the lender agrees to sell a property for less than the mortgage owed. short sale fraud consists of false statements made to loan.

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Articles by year and month – Wagner Realty – The Wagner Blog – CoreLogic broke down appreciation even further into four price ranges, giving us a more detailed view than if we had simply looked at the year-over-year increases in national median home price. The chart below shows the four price ranges from the report, as well as each one’s year-over-year growth from February 2017 to February 2018 (the latest.

Short sale negotiations|seller cash contribution Negotiation With Short Sale Lenders In working in the short sale arena for the last five plus years, I have seen lenders do just about everything when it comes to negotiating short sales with home owners.