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ABA Journal Daily News
ABA Journal Daily News
ABA Journal Daily News
ABA Journal Daily News
Excellent credit quality and strong performance of post-housing-crisis originations resulted in a steep decline in foreclosure starts in September, according to Black Knight. September's 40,000 foreclosure starts fell year-over-year by 5,200 or 11.5% and month-over-month by 7,100 or 15.1%. Foreclosure News
Pending foreclosure cases in New Jersey have been reduced to the lowest point since before the collapse of the housing market triggered a crisis that peaked in 2009, according to a report released Sept. 20 by a special committee formed by Chief Justice Stuart Rabner. Foreclosure News
ABA Journal Daily News
It's been 10 years since the housing bust put millions of homes into foreclosure, and after years of steadily declining foreclosure rates, the percentage of mortgages that are in the foreclosure process has fallen to levels not seen since before the crash. According to new data from CoreLogic, just 0.6 percent of mortgages were in […]
The report shows that, nationally, 4.3 percent of mortgages were in some stage of delinquency in March 2018, representing a 0.1 percentage point decline in the overall delinquency rate, compared with March 2017 when it was 4.4 percent. As of March 2018, the foreclosure inventory rate – which measures the share of mortgages in some […]
Although issues with low inventory and fast-growing home prices still abound, the market has greatly improved since the housing bubble in 2006, and the latest foreclosure rates prove it. In 2017, residential home foreclosures fell 27 percent to 676,525 – the lowest level since 2005, according to a recent Experian report . Foreclosure News
Even after a year in which hurricanes devastated thousands of homes across the U.S., the numbers of people not able to make mortgage payments has gone down. Article image credited to Members of the South Carolina’s Helicopter Aquatic Rescue Team perform rescue operations in Port Arthur, Texas, August 31, 2017. Foreclosure News