Foreclosures Growing in Suburbs and Secondary, says RealtyTrac

The number of U.S. homes in various stages of mortgage delinquency, though not growing as quickly as in the last three years, now stands at 1.8 million, according to CoreLogic Inc., a company that.

$1.2 billion Fannie, Ginnie bulk MSR portfolio for sale More refinancing homeowners choose shorter loan terms If you haven’t taken advantage of today’s FHA mortgage insurance premiums for either a purchase or refinance, you have only a small window of opportunity left before these government-insured loans.Talcott National’s Letter to Shareholders and Employees.

Chicago ranks as a top market for foreclosure properties, says RealtyTrac. The city ranks among others such as Las Vegas, Lakeland, Fla., Cleveland and Deltona-Daytona Beach-Ormond Beach, Fla. In Cook County, RealtyTrac reported of the 2,176,266 properties, about 52.3 percent are seriously underwater. On a state-wide basis, uses a 100-point Home Score to estimate whether the home will increase or decrease in value over the next 10 years. The Home Score is based on three factors. The risks associated.

But don’t just take our word for it. Here’s what our customers have to say: Frederic G. – Miami, FL It’s not brain surgery if you have the underlying data. RealtyTrac provided to me sufficient data that permitted me to identify, and then bid on foreclosed properties at the Clerk’s Sale.

Your Resource for Foreclosure Properties. RealtyTrac offers a one-stop shop for homes buyers, investors, and other real estate professionals. You’ll get access to the largest selection of foreclosures, foreclosed homes for sale, MLS listings, auctions and bank-owned homes.

Loan applications decline as mortgage interest rates skyrocket In the crosshairs today: thornburg mortgage Fitch: It’s Not Over Yet, Not By a Long Shot Optimal Blue automates the entire secondary marketing process Ocwen’s road ahead: Well, can’t get any worse Open Letter from RE/MAX to President Obama and governor romney pmi Expects Lower Housing Prices in 2011 RealtyTrac reports foreclosure filings rise 3% in January A total of 186,455 foreclosures filings were made in the United States during the month of October, according to real estate tracking firm realtytrac. That number represents a rise of 3% month.More refinancing homeowners choose shorter loan terms If you haven’t taken advantage of today’s FHA mortgage insurance premiums for either a purchase or refinance, you have only a small window of opportunity left before these government-insured loans.Forecast: More Than 8 Million Foreclosures By 2012 The project’s regional forecast also identifies the “foreclosure. rate below 8 percent by the end of 2012 and “closer to” 7 percent by the end of 2013. Economic growth in New England will be only.Is the economy losing its mojo? – But the good news is that economists don’t expect the sluggish quarter to drag down growth for the entire year. They’re forecasting the economy to grow at a healthy 3.1% pace for all of 2011..First, there was the release of a new poll in Ohio that showed mitt romney pulling closer to President Obama but still trailing by 4 points. few points in each state – with the potential to open.Boston Traffic Sucks-Here's How to Fix It – The nightmare begins in your driveway. You live beyond I-495-in southern New Hampshire, Worcester, or near the Cape. You’re there in the outer ‘burbs because you wanted a real house with an.Optimal Blue automates the entire secondary marketing process The last 18 months have seen a significant shift in both the primary and secondary mortgage markets. Facing shrinking loan volume and compressed margins, lenders have broadened their loan products for borrowers who fall outside of traditional government or conforming guidelines.One more misstep and it’s over, or at least it should be. Commit too many and they define you. Russell’s not out of the woods – or the cornfields – yet. Not by a long shot. Nor should he be. Iowa.”We can be more confident in the conservatism of mortgage lending decisions today relative to a few years ago,” he said. Harald Scheule, a specialist in credit risk at the University of Technology.Short sales and foreclosures equally degrade FICO scores NewOak names Andrea Bryan managing director, credit services Triet Nguyen is Managing Director, Fundamental Credit Analysis at NewOak Capital LLC. view triet nguyen’s professional profile on Relationship Science, the database of decision makers.Short sale or foreclosure? The naked truth for underwater. – Thus, no distinction is made in FICO ratings between getting rid of an underwater home by short sale versus losing it to foreclosure. [For more information on the FICO study’s data regarding the effect of short sales versus foreclosures on credit scores, see housing wire article, Short sales and foreclosures equally degrade fico scores.]obama scorecard shows home equity highest since 3Q 2008 The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury recently released the September edition of the Obama Administration’s Housing Scorecard – a.This data shows the weekly change in the amount of loan applications taken by major lenders. The purchase index fell 3.3% while refinances slipped 0.9% for the third straight weekly decline. we do.Privlo succeeds by serving only 5% of the market The Achievement School District was created to "catapult the bottom 5% of schools in Tennessee straight to the top 25% in the state." Like the Louisiana RSD and the Michigan EAA, the Tennessee ASD.

Durbin says the focus must be keeping homeowners in their homes that are in foreclosure or about to be in foreclosure. Finding solutions was the focus of a hearing that llanos senator held in Chicago.

A loan in foreclosure: 492 days – and growing Real estate agents make mini-movies to sell houses The leading real estate marketplace. Search millions of for-sale and rental listings, compare zestimate home values and connect with local professionals. zillow: real Estate, Apartments, Mortgages & Home ValuesOne Year Later, HAMP Servicers Modify 170,000 Mortgages My original mortgage is in foreclosure, but I am trying to do a modification with PNC (original loan is with National City) the servicer. PNC says they will modify my mortgage once my 2nd goes away. Chase wants to settle with me for $20,000. They will release my lien, and say that my debt was settled.About 4.31 percent of the FHA-insured loans made in the two years ending Dec. 31 were at least 90 days late, according to the most recent. In addition, the amount of money people can borrow with.

The company says one in every 171 U.S. households received a foreclosure filing during the quarter. Although much of the foreclosure activity is concentrated in Nevada, California, Florida, Ohio, Arizona and Michigan, RealtyTrac CEO James Saccacio said almost all areas of the country are seeing some increase.

This second wave of housing investors is spending billions to flip foreclosures into single-family rentals. In January one in every four homes sold in Atlanta went to a large investor, four times the national average, says RealtyTrac. "They’re coming from all over, even out of the country," says Atlanta agent and property manager Scott.

We drew on RealtyTrac’s report to highlight the 14 metros with the highest foreclosure rates. Note: The metros are ranked by foreclosure rate i.e. 1 in every X homes received a foreclosure filing.