Hurricane Stricken States Now Seriously Delinquent
Black Knight notes a significant uptick in seriously delinquent mortgages in December. The number of loans that were 90 or more days overdue increased by 60,000 during the month to 726,000.
Black Knight notes a significant uptick in seriously delinquent mortgages in December. The number of loans that were 90 or more days overdue increased by 60,000 during the month to 726,000.
SL Green Realty has landed a $ 150 million loan for 2 Herald Square, which the firm acquired the leasehold of through a foreclosure auction. MUFG Union Bank, which previously provided a $ 25 million gap mortgage on the 369,000-square-foot property, provided the real estate investment trust with the new financing. Foreclosure News
Calendar-driven effects and fewer hurricane-related delinquencies resulted in a 210,000-loan decline in the number of past-due mortgages 146,000 loans remain delinquent as a result of Hurricanes Harvey and Irma, 132,000 of which are seriously delinquent An early look at January data on the mortgage market in Puerto Rico shows an additional 57,000 loans still delinquent…
LOS ANGELES >> A Van Nuys man was ordered detained today pending trial on federal charges alleging he ran a foreclosure-avoidance scheme that raked in $ 7 million from distressed homeowners. Michael “Mickey” Henschel, 68, was arrested Wednesday by federal agents pursuant to an 11-count indictment returned by a Los Angeles federal grand jury on…
Fixed-rate mortgages are the chicken soup of home loans. In an uncertain world, they stand out for their comforting reliability. Foreclosure News
SYDNEY, November 06 Fitch Ratings has affirmed Crusade Trust No. 2P of 2008's AUD32.1 billion class A notes at 'AAAsf' with a Stable Outlook. Foreclosure News
Brandon Barber stands in front of the Legacy Building in Fayetteville in 2006. The building was sold at a foreclosure auction in 2008. Foreclosure News