Foreclosure
Latest Posts
Prime Mortgages Dominate Workout Efforts
May 27, 2009Mortgage industry professionals saw a record number of mortgages enter some form of workout plan in April as foreclosure moratoriums at government-sponsored enterprises began to expire. Prime mortgages now account for more than half of the industry’s efforts. The mortgage industry modified 127,000 mortgages in April, down from 133,910 a month earlier. With another 142,831 mortgages in repayment plans, the industry put a record 269,831 mortgages in workout during the month, according to a survey conducted by HOPE NOW, the alliance of mortgage industry professionals.
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Delinquencies up 43% from 2008
May 27, 2009 -
Fannie Program Sees 70% Recidivism
May 22, 2009 -
Seasonal Strength in Home Prices
May 21, 2009 -
Foreclosed Homes Catching the Buyer Eye
May 20, 2009 -
Why the nation’s housing mess is far from over
May 20, 2009 -
Home Sales Hot, Hot, Hot in Southern California
May 20, 2009 -
REO Insurance Covers Bank-Owned Properties
May 15, 2009 -
Affordability Improves in California
May 15, 2009 -
Homeowner Denial Eases
May 14, 2009 -
Post-Moratorium Foreclosure Sales Surge
May 13, 2009 -
Foreclosure Filings Up 32% from 2008
May 13, 2009
