5 tips for buying a foreclosed home
Only one real estate agent is involved. The seller wants a preapproval letter from a lender before accepting an offer.
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Calendar Colludes; Delinquencies Spike by Most in Nine Years
ByadminWhile Black Knight Financial Services maintains it was a function of seasonality, mortgage delinquencies increased in April by the largest percentage in nine years . The company, in its “first look” at the month's loan performance data, said the number of borrowers who were one or more months past due on their first mortgage, grew…
Artur Davis: The case for legal aid’s survival
ByadminThe myth endures, in some circles, that federally funded legal aid is subsidized activism. The claim persists that rather than represent the poor in “routine” civil legal matters, that legal services organizations have been diverted to an ideological mission that taxpayers shouldn't have to support. Foreclosure News
Briefcase
ByadminIn Altoona, 6.7 percent of mortgages were delinquent by at least 30 days in January compared with 7.4 percent a year earlier, representing a decrease of 0.7 percentage points. Altoona mortgages in serious delinquency totaled 2.7 percent in January compared with 3.1 percent in January 2016. Foreclosure News
Foreclosure rate drops to all-time low in Twin Cities
ByadminThe foreclosure rate in the Twin Cities metro is at an all-time low and is now one of the lowest in the nation. It's a development, however, that's partly the result of underlying troubles in the housing market: A shortage of listings and tight credit. Foreclosure News
428,400 U.S. properties with foreclosure filings in first half of 2017
ByadminATTOM Data Solutions has released its Midyear 2017 U.S. Foreclosure Market Report, which shows a total of 428,400 U.S. properties with foreclosure filings – default notices, scheduled auctions or bank repossessions – in the first six months of 2017, down 20 percent from the same time period a year ago and down 28 percent from…
Land bank effort to fight blight ahead of schedule
ByadminDavid Mann, Land Bank president and CEO, provides a community update on its plan to renovate or demolish 1,500 properties in 1,500 days which was launched in July 2016. Dennis Kennedy, center right, City of Toledo's Division of Code Enforcement manger, shakes hands with Toledo City Councilman Peter Ujvagi, center left, while Stephanie Shackelford, projects…