Arizona, Phoenix foreclosure and delinquency rates are below national averages
Foreclosure rates in Arizona are down, and for both the state and its major metro areas remain lower than the national average.
Foreclosure rates in Arizona are down, and for both the state and its major metro areas remain lower than the national average.
In the fourth quarter, there were about 3.17 million underwater homes in the U.S. – about 6.2% of all homes with a mortgage, according to CoreLogic. That was down 2% from the third quarter and a 25% drop from the fourth quarter of 2015. Foreclosure News
The developer behind the 1401 Elm building in downtown has a new bridge loan to be thankful for this Thanksgiving season. After defaulting on a previous $ 55 million loan and having the project posted for foreclosure last week, Drever Capital Management has secured a $ 66.7 million loan from Starwood Property Trust. Foreclosure News
A mortgage loan officer from Methuen, Mass., faces six months behind bars for her role in a conspiracy to defraud banks and mortgage companies. Vanessa Ricci, 41, pleaded guilty in March to one count of conspiracy to commit bank fraud. Foreclosure News
U.S. BANK NATIONAL ASSOCIATION, as Trustee for the Structured Asset Investment Loan Trust, 2005-10, its successors in interest and/or assigns, Plaintiff-Respondent, v. Donald E. McCOY, III, aka Donald Eugene McCoy, III, Defendant-Appellant, Virginia Lee McCOY, aka Virginia Lee McLaughlin; et al., Defendants. Foreclosure News
Five barriers to homeownership are identified in a new study released on Friday by the National Association of Realtors . The white paper, titled “Hurdles to Homeownership: Understanding the Barriers” was prepared for NAR by the Rosen Consulting Group and examines why, “Despite steadily improving local job markets and historically low mortgage rates, the U.S….
Funds for low-income people seeking legal help in civil cases – such as those involving domestic violence protection from abuse orders, child custody issues, evictions, mortgage foreclosures, utility shut-offs, and access to public benefits – could potentially become scarcer. According to several reports, President Donald Trump's budget proposal could eliminate the Legal Services Corporation, the…