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Posts tagged mortgages
Foreclosure filings jump 7% in August from July
Sep 15th
The number of default notices mailed to homeowners who were late on their mortgages soared in August to a nine-month high — the largest month-to-month increase in four years — and that helped push the rate of overall foreclosure filings higher last month, even as foreclosure activity dropped on a year-over-year basis, according to data released by RealtyTrac on Thursday.
Foreclosure rate up in June for metro area
Sep 9th
The mortgage foreclosure rate in the Indianapolis area is on the rise again. It hit 3.59 percent among all outstanding mortgages in June, an increase of 0.46 of a percentage point from the same month last year and 0.05 of a point higher than in May.
Foreclosure rate up in June for metro area
Sep 9th
The mortgage foreclosure rate in the Indianapolis area is on the rise again. It hit 3.59 percent among all outstanding mortgages in June.
South Florida’s foreclosure rate rises
Sep 9th
South Florida’s foreclosure rate rose in June, compared to last year, although the number of people falling 90 days behind on their mortgages declined, according to a report released Thursday by real estate firm CoreLogic.
Foreclosure Settlement Is a Sneaky Bank Tax
Mar 9th
The Obama Administration’s $20 billion proposal to try to force banks to modify mortgages looks an awful lot like an attempt to revive the $20 billion bank tax that was rejected during the negotiations over Dodd-Frank.
House Republicans Move to Eliminate Foreclosure-Prevention Aid
Mar 3rd
House Republicans took a first step toward eliminating two fledgling U.S. programs aimed at helping people who are struggling to pay their mortgages.
House Republicans Move to Eliminate Foreclosure-Prevention Aid
Mar 3rd
House Republicans took a first step toward eliminating two fledgling U.S. programs aimed at helping people who are struggling to pay their mortgages.
SunTrust Expects Rising Foreclosure Costs
Feb 25th
NEW YORK (TheStreet) -- Foreclosure costs will increase at SunTrust Banks this year and the bank expects increased expenses as it rejiggers its process for handling past due mortgages, according to a filing with the Securities Exchange Commission. "We expect that our costs will increase modestly in 2011 as a result of the additional resources necessary to perform the foreclosure process ...
Mortgages in foreclosure process hit record
Feb 18th
A record share of U.S. mortgages were in the foreclosure process at the end of 2010, matching the all-time high, as lenders and servicers delayed home seizures to investigate charges of improper documentation. About 4....
Mortgages in foreclosure process hit record
Feb 18th
A record share of U.S. mortgages were in the foreclosure process at the end of 2010, matching the all-time high, as lenders and servicers delayed home seizures to investigate charges of improper documentation. About 4....