Homing in: Figures from the Central Bank show homeowners here paid an average interest rate on new mortgages agreed in October of 3.06pc, compared with an EU average of 1.77pc Fianna FA il is back for a second crack at putting a legislative cap on standard variable mortgage rates, having had its last push in […]

Delinquency rates, down overall, soar in cities hit by fires, flooding

December 12, 2018 admin

Hurricane Florence, Carr wildfires and Kilauea volcanic eruption prompted spike in delinquencies, even as overall foreclosure rate hit 12-year low, according to CoreLogic From North Carolina in the aftermath of Hurricane Florence to parts of California ravaged by wildfires and Hawaii following the Kilauea volcano eruption , home delinquency rates rose sharply in September even […]

CMBS loan delinquency rates fall for fifth quarter in a row: MBA

December 5, 2018 admin

The performance of loans included in commercial mortgage-backed securities improved for the fifth consecutive quarter, with delinquencies down 179 basis points over the time frame, according to the Mortgage Bankers Association. CMBS loans that are at least 30 days late or real estate owned fell 47 basis points to 3.05% in the third quarter. Foreclosure […]

Season of Sharing: She inherited a house, then adjustable rates

December 1, 2018 admin

Five days a week, eight hours a day, Karen Chaney stands at a Walmart cash register, working a full-time job at 67 to make sure she can stay above water financially and keep her East Oakland house. “It's hard,” Chaney said as she sat on her living room sofa on a recent day off. Foreclosure […]

Several states, including California, see drops in July 2018 bar pass rates

November 19, 2018

ABA Journal Daily News