CoreLogic: More foreclosures lead to fewer underwater mortgages

CoreLogic: More foreclosures lead to fewer underwater mortgages

 · In an excellent sign for the housing market, more Americans are able to make timely payments on their home mortgages and fewer are losing their homes to foreclosure.

Those price declines are being offset by a pickup in foreclosure sales, which take underwater homes off the market, said Sam Khater, an economist with research firm CoreLogic of Santa Ana, Calif.

Home prices rise 0.3% in August, up 5.6% since January REUTERS/Mike Blake single family homes for sale are seen in San Marcos Home prices rose month-on-month in September for the first time since April. The latest S&P/Case-Shiller home price index.

Real Estate Test Prep Webinar - Mortgage vs Trust Deed Fewer. foreclosure, a California research firm said. CoreLogic reported today that Nevada continued to lead the nation in the second quarter with 60 percent of its mortgaged properties underwater -.

Monday Morning Cup of Coffee Obama to renew push for wider mortgage refinance plan washington (reuters) – President Barack Obama on Wednesday proposed a multi-billion-dollar package to help U.S. homeowners refinance and stave off foreclosure, part of an election-year push that..Upbeat buyers push prices higher: Clear Capital Moody’s: Single-family rental equity securitization poses more risk single-family rental (sfr): securitizations backed by pools of single-family rental properties. The deals are secured by a single loan made to the borrower, a subsidiary of the sponsor. The collateral for the loan includes mortgages on the properties and a pledge of 100% of the equity of the borrower.And does anyone doubt that if push came to shove, Tesla couldn’t raise more capital? Or possibly find some buyer to assume. creating ever-higher round-number price targets and unquestionably.Best 25+ Monday morning coffee ideas on Pinterest | Monday. – Find and save ideas about Monday morning coffee on Pinterest. See more ideas about monday morning motivation, Monday sayings and On monday morning.

Fewer Nevada homeowners are underwater on their mortgages, but only because many have lost their homes to foreclosure, a California research firm said. CoreLogic reported today that Nevada continued to lead the nation in the second quarter with 60 percent of its mortgaged properties underwater – a situation where the owner owes more on the.

The percentage of homeowners in a negative equity position fell slightly in the second quarter, dropping 20 basis points to 22.5%, according to CoreLogic. The data provider reports that 10.9 million borrowers were underwater at the end of June. An additional 2.4 million borrowers were in a near-negative equity position (i.e., had less than 5% [.]

Orlando-area underwater mortgages decrease in 2Q . Email;. refers to borrowers who owe more on their mortgages than their homes are worth.. orlando sees 2,000 fewer completed foreclosures in.

This might sound encouraging, as it means fewer. foreclosures are so high. So there’s a silver lining for you: fewer mortgages are underwater because more borrowers are drowning. Read the full.

Brinkmann calls it one of the two "triggers" that lead to foreclosure. If homeowners have positive equity, they can use it as a source of cash to pay bills, including mortgages.

CoreLogic: Fewer homes underwater In real estate on September 12, 2012 at 4:35 pm SANTA ANA, Calif. – Sept. 12, 2012 – CoreLogic says 10.8 million (22.3 percent) of all residential properties with a mortgage had negative equity (underwater) at the end of the second quarter 2012.

Statebridge secures FrontRange Capital Partners investment Contents Week. previous week’ Index rose 0.6 Nexsys technologies reo Community home lenders Senior staff appointmentsnatural hazards Statebridge secures FrontRange. Continue Reading Fannie Mae: There are more potential homebuyers out there

CoreLogic: More foreclosures lead to fewer underwater mortgages Welcome to the archives section of my site. Yeah, I’ve been at it for some time now, I know. Sometimes I forget how long it’s been since I first began writing about mortgages and the housing market.

Comments are closed.
Privacy Policy - Terms of Service