Earlier this week, we noted that the New York Fed's quarterly household debt data showed a collapse in the share of consumers facing collections for bad debts. On Thursday, quarterly data from the Mortgage Bankers' Association relating to mortgage bankruptcy and delinquency showed similar results.
In 2016, there were 172 trustee sale foreclosures in Solano County. In 2011, there were 1,866 trustee sale foreclosures in Solano. Foreclosure News
The Polk County Commission, meeting in called session Thursday evening at the courthouse in Benton, took the first step in foreclosing on the property of the Copper Basin Medical a POLK COUNTY COMMISSIONER Greg Brooks, center, reads a resolution Thursday evening on the county's effort to foreclose on property belonging to the Copper Basin Medical…
The performance of mortgages held by the top banks was largely unchanged from a year ago with 95% of loans current and performing at the end of the third quarter, the Office of the Comptroller of the Currency said Friday. The OCC's Mortgage Metrics Report found that foreclosure activity fell 28.5% in the third quarter…
It's been widely reported that the housing market has returned to pre-crisis health: sales of distressed homes are at a 10-year low , and prices are charting new highs in many metros. But here's another way to measure how well housing is performing: in the third quarter, the number of Americans who had a new…
A federal report has been crtical of expendistures made by Stephen Auger when he was executive director of the Florida Housing Finance Corp. [Company file photo] Instead of doing all it could to help struggling homeowners, Florida's housing agency spent more than $ 100,000 in federal Hardest Hit funds on bonuses and perks for its…
The U.S. Supreme Court has ruled, by a 5-3 majority, that the city of Miami was authorized to bring lawsuits based on allegations that banks engaged in financial-crisis-era discriminatory lending. The city alleged that the banks had intentionally and disproportionately issued risky mortgages on unfavorable terms to minority borrowers. Foreclosure News
