Millennials leaving the basement to buy homes
A few years ago, I wrote “The economy will one day improve, and the millennials will move out of their parents' basements. When that happens, expect to see homeownership rates move back higher.”
A few years ago, I wrote “The economy will one day improve, and the millennials will move out of their parents' basements. When that happens, expect to see homeownership rates move back higher.”
Senses, the controversial nightclub located at 2866 Poplar Ave ., mysteriously reopened Saturday, May 6, after sitting empty for several years. And it has plans to continue operations, which may be in direct violation of the local zoning laws. Foreclosure News
CoreLogic's monthly Loan Performance Report for February shows the national mortgage delinquency rate, loans that were 30 or more days past due, declined to 5.0 percent, down a half-point from a year earlier. Mortgages that are 30 to 59 days past due were up slightly during the month when compared to the previous February, 2.14…
Loan performance continued to improve in April, even though Black Knight says mortgage delinquencies have a historic pattern of increasing during that month. The overall delinquency rate declined 1.6 percent from March to a national rate of 3.67 percent. Foreclosure News
Improving loan performance doesn't make headlines any longer, but worth noting that the improvement is still good news. The Mortgage Bankers Association says the first quarter of 2018 saw even more progress in reducing delinquencies, improvement noted across all categories of distress. Foreclosure News
Connecticut saw a new spike in foreclosures in April 2017, even as mortgages nationally fell to their lowest level since November 2005 as tracked by Attom Data Solutions. Connecticut saw a new spike in foreclosures in April 2017, even as mortgages nationally fell to their lowest level since November 2005 as tracked by Attom Data…
On December 11, 2017, Locke Lord obtained a dismissal with prejudice of a punitive class action. In Leones v. Foreclosure News