The Dodd-Frank mortgage shift: From pre-qualify to pre-approval BofA moves on principal reduction promised in AG settlement Bank of America Home Loans has begun to reach out to customers who might be eligible for forgiveness of a portion of the principal balance on their mortgages under the terms of a recent settlement.Browse our collection of articles to learn more about buying a home and getting a mortgage, whether you are a first timer or a veteran. Our articles on buying a home cover topics from choosing a realtor, to how to go about securing a home loan, to the ins and outs of FHA loans.
Early-Stage Delinquencies at 10-Year Low. CoreLogic’s loan performance insights Report for the month of January 2017 showed that 5.3% of U.S. homeowners were late by 30 days or more in their mortgage payments. This is a decline from the overall rate of mortgage delinquency back in January 2016 of 6.4%.
Two-thirds of Nevada mortgages are for more than the property is valued. Conversely, nearly half of New York homeowners have 50% or more positive equity. Write to Jason Philyaw .
CoreLogic: Fewer homes underwater. That’s down from 11.4 million properties (23.7 percent) at the end of the first quarter. An additional 2.3 million borrowers had less than 5 percent equity in their home, referred to as near-negative equity, at the end of the second quarter.
Almost 10.7 million U.S. mortgages were "underwater" as of September, said research firm First American CoreLogic. Another 2.3 million homeowners are within 5% of negative territory, the report said. The two figures combined comprise almost 28% of all residential properties with mortgages.
The number of Orlando-Kissimmee-Sanford residential properties with a mortgage that were in negative equity in the second quarter decreased, according to a new report from CoreLogic.
Fewer Homes ‘Underwater’ as Foreclosures Increase. The total of so-called underwater mortgages fell to 10.8 million at the end of September, down from a peak of 11.3 million at the beginning of the year, according to CoreLogic, a real-estate data firm. The latest total accounts for nearly 22.5% of U.S. homeowners.U.S. foreclosure. a year ago to the lowest level since ATTOM began tracking, in Q2 2005. Counter to the national trend 51 metro areas (24 percent of the 217 analyzed in the report) posted a.Report: Foreclosure Inventory Hits Record Level in June The IEA Oil Market Report (OMR) is one of the world’s most authoritative and timely sources of data, forecasts and analysis on the global oil market – including detailed statistics and commentary on oil supply, demand, inventories, prices and refining activity, as well as oil trade for IEA and selected non-IEA countries.
The number of U.S. homeowners who owe more than their. residences were lost to foreclosure, according to a report today from CoreLogic Inc. About 10.88 million homes, or 22.5 percent of those with.
Nearly 232,000 Massachusetts homeowners were "underwater" at. and reducing the number of mortgage holders at risk of heading into foreclosure, according to many economists. They say borrowers who.
RISMEDIA, December 15, 2010-(MCT)-The number of homeowners in the U.S. who owe more on their properties than what those homes are worth has declined steadily for most of 2010, according to.