Foreclosure activity is at the lowest level in over a decade

All major regions except for the West saw a significant hike in sales activity last month. next year could further cut into affordability if these staggeringly low supply levels persist," said Yun..

 · U.S. Foreclosure Activity at Lowest Level Since July 2006: RISMEDIA, Friday, March 20, 2015- RealtyTrac® recently released its U.S. Foreclosure Market Report for February 2015, which shows foreclosure filings-default notices, scheduled auctions and bank repossessions-were reported on 101,938 U.S. properties in February, a decrease of 4 percent from revised January.

This is the lowest level since the fourth quarter of 2005, marking a nearly 13-year low. According to ATTOM Data Solutions Senior Vice President Daren Blomquist, a decade after poorly underwritten mortgages triggered a housing market crash, it’s clear that the foreclosure risk associated with those problem mortgages has faded.

The nearly 1.1 million properties with foreclosure filings in 2015 was the lowest annual total since 2006. a year ago – the third consecutive month with a year-over-year decrease in foreclosure.

company that tracks foreclosures, says the dreaded "F-word" will likely set yet another record in 2011. The number of bank repossessions could go up by as much as 20 percent this year, he says, and.

Just read a report that the number for foreclosure activity nationwide has dropped 14% from where it was in January. Which is good news for the nation and hopefully can give some people the confidence to take advantage of the low interest rates and affordability levels available today.

Refinance application share hits eight-year low: MBA Refinance Application Share Hits Nine-Year Low. Wednesday, May 17, 2017. The Mortgage Bankers Association (MBA) said today that mortgage applications were down across the board during the week ended May 12, with refinancing taking the biggest hit. mba’s Market Composite Index, a measure of loan application volume, fell 4.1 percent on a.People on the move: March 29 The weekly roundup of senior-level executive appointments in the Washington area. For more People on the Move, check out the Washington Business Journal’s print edition each week. Send.

Housing foreclosure activity in the United States dropped to the lowest level since 2005 last month, according to a business research group. attom data solutions tracks default notices, auctions.

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There’s no damage until there’s foreclosure. a decade ago when the financial crisis roiled the housing industry. “Once all the lenders got hit with the crisis and all the credit got pulled in.

Arch’s capital cushion grew even after increased delinquencies capital base, including today’s announcement regarding an investment in Citi by several long-term sophisticated. including increased delinquencies on 1st and 2nd mortgages, unsecured personal loans, credit cards, and auto loans. credit costs increased also due to trends in the. Revenues grew 6% driven by increased average deposits and.

Beijing – China’s economic growth sank to its lowest level in at least 26 years in the quarter ending in June, adding to pressure on Chinese leaders as they fight a tariff war with Washington.

HTP says it does this “in order to improve and preserve housing affordable to low- to moderate. being punished,” he said. Foreclosure Rescue Scam A “foreclosure rescue scam” has been rampant in.