Report: Foreclosure Inventory Hits Record Level in June

Nationally, housing inventory dropped to its lowest level on record in 2017 Q1. The number of homes on the market dropped for the eighth consecutive quarter, falling 5.1% over the past year. In addition: The number of starter homes on the market dropped by 8.7%, while the share of starter homes dropped from 26.1% to 25.9%. Starter homebuyers.

The median price of a Lehigh Valley home hit a record-high $225,000, surpassing the last peak in home prices when the housing bubble burst in 2007, according to data released Thursday by the.

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NEW YORK (CNNMoney.com) — U.S. foreclosure filings spiked by more than 81% in 2008, a record, according to a report released Thursday, and they’re up 225% compared with 2006. A total of 861,664.

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Brooklyn Foreclosures Drop 22% in Q1 2019, Bronx Foreclosures. – Staten Island: Foreclosures Down 19% Year-Over-Year. A total of 153 new foreclosure cases were registered in Staten Island in the first three months of 2019 a 19% drop over the same period last year. For the last previous quarters, foreclosures were above the 140 mark, the only exception being Q3 2018, when only 48 homes ended up being foreclosed.

Mortgage originations down 35% in first quarter Refinance origination dollar volume drops to more than 10-year low. A total of 675,899 refinance loans secured by U.S. residential properties (1 to 4 units) were originated in Q1 2017, down 36 percent from the previous quarter and down 22 percent from a year ago.Fannie, Freddie loans hit series high in National Mortgage Risk Index HUD: Robo-signing settlement to accelerate principal reductions State of New York accuses evans bank of redlining  · According to the lawsuit, the bank was accused of “bisecting the city” along racial lines. “Of the bank’s 14 branches in New York State, 11 are located in Buffalo’s mostly white suburbs.Ellie Mae acquires MortgageCEO Ellie Mae (NYSE:ELLI) says that it has entered into an agreement with Thoma Brave that will have it being acquired by the firm. The deal between the two companies values elli mae at roughly $3.7.Congressional Democrats are expected to continue pushing a federal housing regulator to write down mortgage principal for government-backed loans if a settlement with banks. borrowers caught up in.Bigger Financial Meltdown Starts Before End of Year-Doug. –  · After the Interview: Doug Casey has some free articles and information at CaseyResearch.com. Casey predicts his site will grow at least three fold in the coming years because people will be scared and will not be able to find reliable information in the mainstream financial press. Casey says people are going to be searching for different and better information.President Obama urges financial regulators to speed up reforms Ocwen will fight CFPB plan for homeowner relief fund CoreLogic to add 500 jobs in North Texas CoreLogic is the industry leader in credit reporting solutions for the mortgage industry. In 1989, we revolutionized the industry with the introduction of Instant Merge, the world’s first fully automated 3-bureau merged credit reporting solution.90-Day Moratorium for California California is imposing a 90-day moratorium on housing foreclosures under a new law that takes effect monday, June 15, 2009. The law is expected to make lenders try harder to keep borrowers in their homes. Loan companies must prove they tried to modify the delinquent loans before they can begin foreclosing.HUD: Robo-signing settlement to accelerate principal reductions State of New York accuses evans bank of redlining  · According to the lawsuit, the bank was accused of “bisecting the city” along racial lines. “Of the bank’s 14 branches in New York State, 11 are located in Buffalo’s mostly white suburbs.ellie mae acquires mortgageceo Ellie Mae (NYSE:ELLI) says that it has entered into an agreement with Thoma Brave that will have it being acquired by the firm. The deal between the two companies values elli mae at roughly $3.7.Congressional Democrats are expected to continue pushing a federal housing regulator to write down mortgage principal for government-backed loans if a settlement with banks. borrowers caught up in. · The Bank of America class action lawsuit reportedly alleges that Bank of America agreed to take part in the U.S. Treasury Department’s $75 billion Home affordable modification program (HAMP) since it accepted bailout funds from the troubled asset relief Program (TARP), but allegedly had an incentive not to modify loans because doing so might.President Obama Announces Financial Regulation Reform | The. – President Obama Announces Financial Regulation Reform. June 17, 2009 | 19:39. As the culmination of a months-long process in which the President consulted with the most expert and experienced regulators, leaders in Congress, and his entire economic team, he announces his vision for desperately needed financial regulatory reform.Do Millennials want to live in dorms? Really? Courtesy of Sal under a CC 4.0 license. Much is written about what the millennials, these young twenty- and now thirtysomethings, want in life and the impact they have on the world and the world has on them. In Livability terms, they’re often credited (for good or bad) with the resurgence of.

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CoreLogic Loan Performance Insights Find Delinquency Rates in. – The October 2018 foreclosure inventory rate tied with the April, May, June, July, August and September rates this year as the lowest for any month since September 2006 and also marked the lowest.