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Posts Tagged ‘ Foreclosure ’

Black Knight’s First Look at July: Foreclosure Inventory at Lowest Level Since 2007

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Black Knight’s First Look at July: Foreclosure Inventory at Lowest Level Since 2007

From Black Knight: Black Knight Financial Services’ First Look at July Mortgage Data: Foreclosure Inventory Down 24 Percent Year-Over-Year; Lowest Level Since 2007 According to Black Knight’s First Look report for July, the percent of loans delinquent decreased 2% in July compared to June, and declined 16.5% year-over-year. The percent of loans in the...
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DataQuick: “California Foreclosure Starts Lowest Since 2005″

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DataQuick: “California Foreclosure Starts Lowest Since 2005″

From DataQuick: California Foreclosure Starts Lowest Since 2005 A total of 17,524 Notices of Default (NoDs) were recorded at county recorders offices during the April-through-June period. That was down 8.8 percent from 19,215 in the prior quarter, and down 31.9 percent from 25,747 in second-quarter 2013, according to DataQuick, which is owned by Irvine-based...
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FNC: “Foreclosure price discounts drop to pre-crisis levels”

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FNC: “Foreclosure price discounts drop to pre-crisis levels”

Some interesting data from FNC: Foreclosure price discounts drop to pre-crisis levels Though home foreclosures continue to be a challenge in many hard-hit markets, a report released this week by mortgage technology company FNC indicates the ongoing housing recovery should continue for the long haul. According to FNC’s Foreclosure Market Report, foreclosure prices have...
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Report: U.S. Foreclosure Starts Decline in January due to new California Law

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Report: U.S. Foreclosure Starts Decline in January due to new California Law

From RealtyTrac: U.S. Foreclosure Starts Fall to Six-Year Low in January RealtyTrac® … today released its U.S. Foreclosure Market Report™ for January 2013, which shows foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 150,864 U.S. properties in January, a decrease of 7 percent from the previous month and...
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Foreclosure Report: California “Homebuyers should brace themselves for significantly less inventory next year”

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Foreclosure Report: California “Homebuyers should brace themselves for significantly less inventory next year”

Two foreclosure reports: one national predicting an increase in distressed sales; the other regional (west) predicting less foreclosure inventory. Both could be correct … (Update: the reports have conflicting data for California – on that one is probably wrong!) RealtyTrac released their midyear foreclosure report this morning: 1 Million Properties With Foreclosure Filings in...
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Foreclosure Supply and the Housing Market

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Foreclosure Supply and the Housing Market

First a few excerpts from this article by Diana Olick at CNBC: When Foreclosure Supplies Fall, the Bottom Falls Out of Housing While foreclosures brought home prices down initially, they are now driving them up because there is so much demand from investors and first time buyers, looking for bargains. Supplies of these cheap...
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RealtyTrac: Foreclosure activity declined in April

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RealtyTrac: Foreclosure activity declined in April

This was released earlier this morning by RealtyTrac: U.S. Foreclosure Activity Shifts Eastward in April RealtyTrac® … today released its U.S. Foreclosure Market Report™ for April 2012, which shows foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 188,780 U.S. properties in April, the lowest monthly total since July...
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More foreclosure thoughts: What’s in a name?

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More foreclosure thoughts: What’s in a name?

Earlier I posted some thoughts and details on BofA suing BofA in a foreclosure case in Florida. Here are some more details. The condo was purchased in April 2005 for 0,000. The first was for 2,691.20. This was probably a 90% loan with costs rolled in (ht Z). The HELOC was authorized in September...
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RealtyTrac: Q1 2012 Foreclosure Activity Lowest Since Q4 2007

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RealtyTrac: Q1 2012 Foreclosure Activity Lowest Since Q4 2007

From RealtyTrac: Q1 2012 Foreclosure Activity Lowest Since Q4 2007 RealtyTrac … today released its U.S. Foreclosure Market Report™ for the first quarter of 2012, which shows foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 572,928 properties during the quarter, down 2 percent from the previous quarter and...
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Housing: Short Sales increase, Foreclosure Sales down Year-over-year

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Housing: Short Sales increase, Foreclosure Sales down Year-over-year

CR Note: There are only a few areas where the MLS breaks down monthly sales by foreclosure, short sales and conventional (non-distressed) sale. I’ve been tracking the Sacramento market to watch for changes in the mix over time. (here was my post this morning: Distressed House Sales using Sacramento Data) Economist Tom Lawler sent...
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