Use of death penalty remains ‘near historic lows,’ while public support wanes
ABA Journal Daily News
ABA Journal Daily News
Earlier this week, we noted that the New York Fed's quarterly household debt data showed a collapse in the share of consumers facing collections for bad debts. On Thursday, quarterly data from the Mortgage Bankers' Association relating to mortgage bankruptcy and delinquency showed similar results. Foreclosure News
Tim Hall stands in front of his home in the Washington Heights neighborhood on Chicago's South Side last summer. He bought the home after it gutted and modernized through a Cook County Land Bank Authority program. Foreclosure News
The housing market has nearly healed from the wounds of the crisis nearly a decade ago, but some measures of distress still aren't back to the levels they held before the housing downturn began. There were 30,000 completed foreclosures in October, data provider CoreLogic said Tuesday. Foreclosure News
The nonperforming loan situation continued to improve in November, as the national inventory of foreclosed homes dropped to pre-recession levels, according to CoreLogic. The national foreclosure inventory fell 21.8% to about 448,000 homes in November, or about 1.2% of all homes, compared to a year ago, according to CoreLogic’s National Foreclosure Report. Foreclosure News