Ups, downs, foreclosure and renaissance of a SW Portland mansion
Every historic house has, well, its history. The mansion built in 1930 at 4311 SW Greenleaf Dr. in Portland's West Hills is no exception.
Similar Posts
New funds for small commercial property target self managed super
ByadminNon-bank lender Thinktank is targeting the self-managed super sector with two new trusts that give them an exposure to small-scale commercial assets that generally have performed better in distressed times than larger-scale properties. Thinktank's move reflects the resurgent interest in mortgage-backed funds, which dwindled after hitting problems during the global financial crisis. Foreclosure News
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…
What you need to know about reverse mortgages … and their new rules
ByadminNew rules for reverse mortgage loans are set to take place on Monday. The main headline: Senior homeowners won't be able to borrow as much. Foreclosure News
CoreLogic Reports Mortgage Delinquencies Remain Low in June
ByadminThis represents a 0.8 percentage point decline in the overall delinquency rate compared with June 2016 when it was 5.3 percent. As of June 2017, the foreclosure inventory rate, which measures the share of mortgages in some stage of the foreclosure process, was 0.7 percent, down from 0.9 percent in June 2016 and the lowest…
Black, Hispanic homeownership rates remain stuck below whites
ByadminAll homebuyers face a tough housing market, but larger shares of black and Hispanic buyers had to surmount more obstacles than white buyers. Black, Hispanic homeownership rates remain stuck below whites All homebuyers face a tough housing market, but larger shares of black and Hispanic buyers had to surmount more obstacles than white buyers. Foreclosure…
Hurricanes drive October’s increase in late mortgage payments
ByadminLate payments from borrowers living in areas hardest hit by Hurricanes Harvey and Irma were responsible for October's increase in loan delinquencies. Over 229,000 past due mortgages are attributed to the two storms, said Black Knight in its first look report. Foreclosure News