Lenders Slow Foreclosures By 5% in 2010, Boosting Shadow Inventory: RealtyTrac

Lenders Slow Foreclosures By 5% in 2010, Boosting Shadow Inventory: RealtyTrac by JON PRIOR Wednesday, July 14th, 2010 Foreclosure filings dropped 5% over the first half of 2010 as lenders continue to delay proceedings to focus on short sale and loan modification efforts, according to RealtyTrac , an online foreclosure marketplace.

Foreclosure starts reach lowest level since 2005 1.8 Million U.S. Properties With Foreclosure Filings in 2012, Down 3 Percent From 2011, Down 36 Percent From 2010 – Other states with top 5 foreclosure rates were Nevada (2.70 percent), Arizona (2.69 percent), Georgia (2.58 percent), and Illinois (2.58 percent). december foreclosure activity dropped 10 percent from.FHA single-family business explodes; No premium cut coming Quick Start: Single Family Servicing Monthly Premiums The Single Family Insurance Operations Division (SFIOD) of HUD’s Office of Financial Services is responsible for the collection of periodic (monthly) mortgage insurance premiums through HUD’s Single Family Premium Collection Subsystem – Periodic.The new slap in the face of foreclosure Rights groups accused the government of paying to avoid justice. The new contract was “a slap in the face to victims of the horrific crimes that have been committed in South Sudan,” said Elise Keppler.Real estate agents make mini-movies to sell houses Watch the Demo. Film House Real Estate is pioneering a worldwide revolution in marketing luxury listings. This short film provides an overview of our mini-movies, including how the cost is structured.

 · Banks seized more than 1 million homes in 2010, according to RealtyTrac. That was up 14 percent from a year earlier and the most since the company began reports in 2005. About 3 million homes have been repossessed since the housing boom ended in 2006, Sharga said.

The automobile industry needed to collapse in order to build a new viable auto industry from the ground-floor. By artificially boosting car sales, the government is preventing the free market from.

 · CoreLogic’s numbers, based on the above definition, show that nationally, the shadow inventory is declining, currently at 1.5 million homes and down substantially from 2.1 million in 2010, so the overall outlook is positive. It should be noted; however, that there is a huge variance in this inventory from state to state.

Home prices heading for triple-dip – The First-Time Homebuyer Credit helped perk prices up by mid-2010. RealtyTrac reported the first quarterly increase in foreclosure filings in three quarters. Even more discouraging: new default.

Surge in foreclosures signals strengthening U.S. housing market U.S. lenders are notifying more delinquent homeowners they face foreclosure, a step toward clearing a backlog of properties and.

In the third quarter of 2010 (the most recent data available), more than 2 million homes in the U.S. were somewhere in the foreclosure process, according to RealtyTrac, which tracks properties in foreclosure. Of the total, lenders held 952,489 REOs, but RealtyTrac estimates that just 30.

The news that John McCain will debate Barack Obama tonight in Mississippi is a concession by the Arizona senator that his attempt to score a quick political victory on legislation to bail out the.

Mortgage apps reverse course, climb 9.4% Homeownership falls to lowest level since 1998 HAMP continues to underwhelm panel, Treasury defends ‘new standard’ The presidency of barack obama began at noon EST on January 20, 2009, when Barack Obama was inaugurated as the 44th President of the United States, and ended on January 20, 2017.Obama, a Democrat, took office following a decisive victory over Republican John McCain in the 2008 presidential election.Four years later, in the 2012 election, he defeated Republican Mitt Romney to win re-election.Monday Morning Cup of Coffee Monday Morning Cup of Coffee takes a look at news coming across HousingWire’s weekend desk, with more coverage to come on larger issues. Once a big player in mortgage lending, Goldman Sachs’ footprint.U.S. homeownership falls to Lowest Since 1998 on Tight Lending. By Kathleen M. Howley – Bloomberg News Jul 29, 2011 . The U.S. homeownership rate fell to the lowest level since 1998 in the second quarter as stricter lending standards blocked purchases and foreclosures forced people out of their residences.You can jog at Seattle’s Gas Works Park, climb to the top of Mount Rainier or kayak around the San Juan Islands. Of course, these aren’t the only ways residents of the Evergreen State stay fit. The.

Looks like someone may have had a little advance notice on October’s foreclosure semi-moratorium festivities. According to RealtyTrac, September foreclosures marked a 5 month high of 347,420, jumping 3% from the previous month and 1% from September 2009, even as the 3rd quarters marked the highest foreclosure activity on record.

According to RealtyTrac, foreclosure actions were reported on 338,836 properties in August, a 4% increase from the previous month but a 5% decrease from August 2009. One in every 381 U.S. housing.

How long until housing reform happens? It may be a few years before experts can accurately assess how the new tax reform law will affect each city’s individual housing market, but one thing is clear: For the first time in a century.