Tue, Apr 16 2024, 11:30 AM
“Congratulations to the Kardashians on their 20th season. And to me for never having watched a single minute of a single episode.” There are certainly...
Wed, Nov 16 2022, 9:52 AM
This morning I head to Kansas City to spend some time with the MBAKC. KC is a mere 500 miles from Oak Park, Illinois, east of Chicago and childhood ho...
Fri, Feb 11 2022, 11:01 AM
The sources that gather such data have all reported a steady decline in mortgage delinquencies since last summer and are all stages are now close to t...
Fri, Jan 14 2022, 11:21 AM
ATTOM says that foreclosure activity in the year just ended was at the lowest level since the company began tracking it in 2005. Foreclosure filings...
Tue, Jan 11 2022, 10:44 AM
The national delinquency rate declined for the 7th consecutive month in October. CoreLogic’s Loan Performance Insights Report for the month says tha...
Fri, Nov 12 2021, 1:21 PM
Foreclosure filings increased in the fourth month following the July 31 expiration of the pandemic related moratorium. ATTOM says those filings were u...
Fri, Oct 15 2021, 11:18 AM
As was probably inevitable, foreclosure files rose significantly in the third quarter of 2021 and appeared to accelerate in the last month of that qua...
Thu, Sep 23 2021, 3:52 PM
Delinquencies hit a new post-pandemic low in August as the national delinquency rate fell by 84,000 loans or 3.48 percent compared to July. It was 41....
Wed, Sep 15 2021, 10:51 AM
Today there are 400,000 homeowners in their final month of forbearance and another 1.2 million still in the program as it winds down, thus, it is prob...
Fri, Sep 10 2021, 2:17 PM
The other shoe didn't drop last month, but maybe the laces did start to unravel. ATTOM reports that, within a month after the government's pandemic-re...
Tue, Aug 10 2021, 10:51 AM
While the national delinquency rate has not returned to the 3.5 percent rate it had reached before the onset of the pandemic, CoreLogic says the perce...
Fri, Feb 19 2021, 11:38 AM
The Urban Institute (UI) says the surge in foreclosures predicted as the COVID-19 pandemic drove unemployment to the highest level since the Great Dep...
Tue, Dec 22 2020, 10:06 AM
I hope that everyone had a happy solstice yesterday, with a few folks writing to suggest that “It is the shortest day, of the longest year, of our liv...
Fri, Dec 11 2020, 11:33 AM
The various types of foreclosure filings - default notices, scheduled auctions, and actual lender repossessions - declined in November. RealtyTrac, a ...
Fri, Aug 28 2020, 11:13 AM
Both government sponsored enterprises (GSEs) have announced that their nationwide suspension of single-family foreclosures and evictions has been exte...
Mon, Mar 23 2020, 8:45 AM
Loan performance overall continues to validate the perceived quality of recent loan vintages and delinquency metrics continue to test and break old re...
Thu, Mar 19 2020, 10:41 AM
Freddie Mac is invoking the same types of measures to protect homeowners in the face of the COVID-19 pandemic as it has previously taken in other natu...
Thu, Jan 23 2020, 10:25 AM
Even though many of the measures are already at record lows, mortgage delinquencies continue to tick downward according to Black Knight's "first look"...
Mon, Sep 23 2019, 5:58 PM
Foreclosure starts hit an 18-year low in August and were down 23 percent compared to the previous August. Black Knight, in its First Look at August lo...
Tue, Feb 12 2019, 10:12 AM
According to CoreLogic, loan performance continues to improve on a national basis, with delinquencies dropping more than 1 percentage point over the 1...
Fri, Jan 18 2019, 12:55 PM
In accordance with requirements of the Dodd-Frank Wall Street Reform and Consumer Protection Act, the Consumer Financial Protection Bureau (CFPB) rece...
Wed, Oct 31 2018, 4:19 PM
While they are talking apples and oranges, both the U.S. Census Bureau and ATTOM Data Solutions each took a recent look at residential vacancies . The...
Thu, Aug 23 2018, 5:13 PM
The first serious mortgage related impact from last fall's hurricanes started to hit home in July . Foreclosure starts rose 11 percent from June, with...
Tue, Jul 10 2018, 8:26 AM
The foreclosure inventory, that is the percentage of loans in the process of foreclosure, appears to have stabilized at 0.6 percent of all outstanding...
Fri, Feb 23 2018, 10:36 AM
The effects of last summer's hurricanes, while fading from their early impact on loan performance stats, are still being felt. Black Knight reports, i...
Thu, Aug 24 2017, 9:59 AM
It is hard to believe that it has taken more than a decade , but Black Knight Financial Services says the foreclosure inventory, after a 12,000-proper...
Fri, Jun 16 2017, 9:17 AM
What are we going to be talking about this summer? One topic is the economy, and the thought that rising short-term rates are a signal that the econom...
Tue, Mar 14 2017, 2:14 PM
As anniversaries go, it's not much of one to celebrate, but this year the foreclosure crisis marks its tenth year. Since Mid-2007, more than 7.8 milli...
Wed, Feb 15 2017, 1:47 PM
Mortgage delinquencies had their first fourth quarter uptick since 2013, the Mortgage Bankers Association (MBA) said on Wednesday. Its quarterly Natio...
Tue, Jan 10 2017, 9:36 AM
Foreclosures are, at long last, approaching what CoreLogic says was the level in the pre-crisis environment . The company's November National Foreclos...
Fri, Dec 23 2016, 11:10 AM
There was a slight uptick in a couple of housing distress measures in November, but the general trend continues down. Still, as Black Knight Financial...
Tue, Nov 29 2016, 1:42 PM
The national foreclosure inventory rate, according to Black Knight Financial Services, fell below 1 percent in October for the first time since July 2...
Tue, Nov 8 2016, 10:02 AM
The foreclosure inventory was down nearly one-third in September when compared to a year earlier although the pace of completed foreclosures remained ...
Tue, Oct 11 2016, 9:43 AM
CoreLogic reported on Tuesday that all major indicators of housing distress declined by double digits over the last year. The company's August Nationa...
Tue, Oct 4 2016, 10:07 AM
Regions, BB&T, Chase, Wells Fargo… the list goes on. They aren’t the first, and won’t be the last, but the Department of Justice tells us that Salt La...
Tue, Sep 13 2016, 9:53 AM
There were 34,000 completed foreclosures in July, as banks continue to clean up foreclosure inventories eight years after the housing crisis began. Co...
Tue, Jul 26 2016, 11:39 AM
Foreclosure starts rose in June for the second month in a row but Black Knight Financial Services, in its "first look" at the month's mortgage perfo...
Tue, Jul 12 2016, 2:40 PM
CoreLogic reported on Tuesday that the foreclosure inventory, the number of homes in some stage of foreclosure, had dropped to 390,000 in May, represe...
Tue, Jun 14 2016, 5:14 PM
The national foreclosure inventory, homes somewhere in the process of foreclosure, along with other measures of housing distress, continued to decline...
Mon, May 23 2016, 10:03 AM
Apparently the foreclosure crisis is no longer particularly newsworthy . We conclude that because, for the first time in recent memory, RealtyTrac, ...
Thu, May 19 2016, 9:54 AM
Zombie foreclosures, those in which the properties become vacant before the legal process is complete, are down 36 percent in the current quarter co...
Wed, May 11 2016, 2:09 PM
Completed foreclosures were up in March, with a substantial increase compared to February, but continued to fall on an annual basis. CoreLogic said t...
Thu, Apr 14 2016, 9:35 AM
Despite what was termed a seasonal increase in March, foreclosure activity in the first quarter of 2016 was at its lowest level in nine years . Re...
Thu, Apr 14 2016, 9:28 AM
Foreclosure activity continues to decline but the change year-over-year in February was minimal, actually smaller than the decrease from January to Fe...
Tue, Mar 8 2016, 11:52 AM
The national foreclosure inventory dropped by about a
quarter year over year, bringing the number of homes in the process of
foreclosure at the end ...
Mon, Feb 22 2016, 10:14 AM
Foreclosure activity declined on a month-over-month basis nationwide in January although completed foreclosures were up significantly on an annual b...
Tue, Feb 9 2016, 10:52 AM
The number of properties in the process of foreclosure nationwide dropped by nearly a quarter from the end of 2014 to the end of this past year. Co...
Thu, Jan 14 2016, 10:50 AM
It seems at times that the wave of foreclosures will never
end. At the end of 2015, according to
RealtyTrac's 2015 U.S. Foreclosure Market Report r...
Tue, Jan 12 2016, 5:39 PM
The number of completed foreclosures nationwide in November was
down to about 30 percent of the level in the worst days of the housing crisis. CoreL...
Wed, Dec 9 2015, 4:34 PM
CoreLogic's October National Foreclosure Report puts the foreclosure
inventory, the number of residential properties in process of foreclosure that
...
