Southern California’s foreclosure mill runs at one-tenth its peak pace
In Southern California's six counties, 12,435 foreclosure filings were made in the first quarter. That's down 23 percent in a year and 64 percent below 10 years ago.
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2018 Home Sales Off to Sluggish Start
ByadminBlame it on the housing shortage: Existing-home sales posted their largest declines on an annual basis in more than three years, the National Association of REALTORS reported Wednesday. All major regions of the U.S. saw monthly and annual sales decline in January. Foreclosure News
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ByadminForeclosures, short sales and other troubled properties continue to dwindle in central Ohio, according to a report from the Columbus Realtors trade group. The report shows that during the second quarter of this year, 324 central Ohio home sales were “lender mediated” properties, down from 507 a year earlier. Foreclosure News
Public Notices Week of July 31, 2018
ByadminScattered clouds with the possibility of an isolated thunderstorm developing this afternoon. High 92F. Foreclosure News
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CMBS loan delinquencies drop to decade-low level
ByadminThe delinquency rate for U.S. real estate loans in commercial mortgage-backed securities has fallen to the lowest level since the 2008 financial crisis. The CMBS loan delinquency rate fell to 4.12 percent in May, a decrease of 24 basis points from April, and 77 basis points lower than the beginning of the year, according to…
This 11% Yielding, Fast-Growing Stock Is Killing It, But There’s A Catch
ByadminNRZ is currently in a sweet spot in which rising rates, a strong and accelerating economy, and high share price mean strong growth will likely continue. However, there are numerous risks to NRZ's business model, which means the generous 11.2% dividend might not survive the next recession. Foreclosure News