Alan Goldhammer directed me to a very interesting article on the Texas housing market : A cash-out refinance is a mortgage taken out for a higher balance than the one on an existing loan, net of fees. Across the nation, cash-outs became ubiquitous during the mortgage boom, as skyrocketing house prices made it possible for […]
Learn about the conditions that led to Frank Furness' most incredible masterworks, including the Pennsylvania Academy of the Fine Arts seen here, on Wednesday. Community Legal Services says property-tax delinquency is the biggest reason people come to its office seeking assistance right now. Foreclosure News
The overall performance of first-lien mortgages continues to improve, and the number of loans in delinquency continues to decline, according to the Office of the Comptroller of the Currency's most recent quarterly report on mortgages. The OCC Mortgage Metrics Report, Fourth Quarter 2016, showed 94.7 percent of mortgages included in the report were current and […]
ABA Journal Daily News
ABA Journal Daily News
The percentage of Colorado Springs-area loans that were in some stage of foreclosure dipped to 0.42% in July, down from a rate of 0.63% a year earlier, according to a report Wednesday by CoreLogic, a California-based housing data firm that tracks foreclosure data from around the country. Not only has the Springs' foreclosure rate fallen […]
The percentage of Springs-are loans that were in some stage of foreclosure dipped to 0.42 percent in July, down from a rate of 0.63 percent a year earlier, according to a report Wednesday by CoreLogic, a California-based housing data firm that tracks foreclosure data from around the country. Not only has the Springs' foreclosure rate […]
The Springs' foreclosure rate dipped to 0.43 percent in June, falling from 0.64 percent during the same month in 2015, according to a report Wednesday by CoreLogic, a California-based housing data firm that tracks foreclosure data from around the country. CoreLogic's foreclosure rate refers to the percentage of loans that were in some stage of […]
Foreclosures that dogged Colorado Springs’ housing market during the Great Recession continue to decline, although homeowners should guard against financial woes like those that led to the surge in distressed properties, one real estate agent says. A new report by CoreLogic, a California-based housing data firm, shows that Colorado Springs’ foreclosure rate – the percentage […]
While servicers are still dealing with high levels of problem loans in their portfolios, they are hopeful that rising rates will slow the outflow of loans they lose when borrowers refinance. At the same time they are counting on loans they’ve lost to refis to be partially replaced by stickier purchases, balancing out their portfolios […]