Falling CMBS delinquencies spell possible trouble for loans maturing in 2015
Scotsman Guide News
... as did foreclosures. Ninety-day foreclosures measured $6.02 billion in August, declined to $5.86 billion in September, then rose to $6.17 billion in October. ... About $32 billion of the loans on the watch list back properties in New York, Florida ...
Million-dollar home sales growth slows from Miami to Los Angeles
In seven investor-heavy markets -- the Los Angeles, Riverside and Ventura areas of Southern California; Las Vegas; and Florida's Fort Lauderdale, Miami and Orlando -- sales of homes for $1 million or more rose 5 percent in the third quarter from a year ...
Get your house back after foreclosure?
In California, for example, only judicial foreclosures -- ones where the lender files a lawsuit -- offer a right of redemption. But the vast majority of foreclosures in that state are nonjudicial, meaning there was no court supervision. Even in ...
U.S., Ohio households step up borrowing
The bank surveys Ohio and 10 other large states, including California, Texas and Florida, for debt trends. The number of new foreclosures, new bankruptcies and loans more than 90 days overdue all fell in Ohio in the third quarter of 2014, the Fed data ...
U.S. households confident, borrowing more
East Bay Express
Saving the Homeowner Bill of Rights
East Bay Express
Two years ago, during the height of the foreclosure crisis, Attorney General Kamala Harris and the California legislature drafted and passed a series of laws collectively called the Homeowner Bill of Rights. These new laws banned the shady practices ...
Policy helps ex-owners to buy back foreclosures
“It is sort of an end-run way to do principal reduction,” said Richard Green, a housing economist at the University of Southern California. Democratic lawmakers have urged the FHFA to adopt principal-reduction policies to help more people avoid ...
Regulator OKs some Fannie, Freddie foreclosure buybacks at fair value
Mississippi, Jackson foreclosures down in September from same month of 2013
Mississippi Business Journal (blog)
Though lower than the same month last year, September's foreclosure rate for Jackson was up from the previous month, going from 1.02 percent in August to 1.05 percent in September. The July rate was 0.99 percent, California-based CoreLogic says.
Foreclosure rates tumble across California
Central Valley Business Times
Stockton-Lodi area foreclosure rates among outstanding mortgage loans was 0.75 percent for September, a decrease of 0.47 percentage points compared to ••September 2013 when the rate was 1.22 percent. Foreclosure activity in Stockton-Lodi was lower ...
Foreclosure timelines in California, Nevada stay lengthy
A client note from Moody's Investors Service says that foreclosure timelines for private-label residential mortgage-backed securities loans backed by properties in California and Nevada, two non-judicial foreclosure states, will remain lengthy over the ...
World Property Journal
Foreclosures remain at a low boil
That put San Joaquin County, which during the peak of the housing crisis often topped the nation's largest metropolitan areas in foreclosure filings, 88th among the nation's roughly 200 most-populous metros. It ranked 26th among California counties in ...
REAL ESTATE: Inland foreclosure filings rise in October
U.S. Foreclosures Increase 15 Percent, Biggest Monthly Increase Since 2010
National foreclosures up for October