5 Articles match "Delinquency","Florida","Foreclose"

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• Foreclosure Filings Soar 90 Percent
  
  Certainly not every community nationwide is seeing an increase in foreclosures, but foreclosed properties are becoming more commonplace and adding to the downward pressure on home prices in many areas.” The biggest increases were for delinquency rates on subprime loans, up 227 basis points from a year ago. Top 10 Foreclosure Total Ranked by the number of foreclosure filings, A growing number of American homeowners across the country are getting foreclosure notices, according to new data released this week by RealtyTrac. U.S.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• High-End Foreclosures Rising Among Top Tier Homes
  
  This is just the tip of the iceberg.” McCabe believes that delinquencies and defaults will rise not only among subprime borrowers, but among prime mortgages, Alt-A loans, teaser rate loans and low money-down loans as well, forcing homes valued at more than $750,000 into foreclosure. The rising trend of prime delinquencies among the wealthy poses a new threat to a battered housing market, which McCabe and others specialists claim is in a recession or heading towards one. “The next two years are going to be pretty ugly in South Florida,” predicted McCabe, saying that Florida real estate
  www.realtytrac.com - Tuesday, February 3, 2009
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• Fannie: Q1 a Swift Kick in the Rear
  
  However, foreclosed property expenses decreased to $170 million for the latest quarter, from $179 million in Q4 2007. Still, Fannie’s largest credit losses were concentrated in the states with the largest home price declines — California, Florida, Michigan and Ohio — four states that have remained among RealtyTrac's top foreclosure states in the nation for more than a year now. Fannie’s outlook for 2008 anticipates further weakness It may have been created and chartered by the federal government, but Fannie Mae (the Federal National Mortgage Association) is first and foremost a private company responsible to shareholders for running at a profit.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Bank-Repossession Beat Continues in March
  
  In the latter case, the homeowner offers to convey ownership of the property to the foreclosing lender. The year-over-year increase in bank repossessions was even more dramatic in some states: 619 percent in Arizona; 597 percent in New York; 557 percent in California; and 464 percent in Florida. Send an e-mail to daren@realtytrac.com and Ill send it to you. For the third month in a row U.S. foreclosure activity registered at more than 50 percent above the level it was
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• National Registration For Loan Officers Becomes Reality
  
  But the real story is different: Mandatory registration will potentially allow mortgage investors worldwide to rank loan officer performance — and to refuse deals from those with high levels of foreclosures and delinquencies. Saccacio, chief executive officer at RealtyTrac.com , the nation’s largest source of foreclose listings and data. “A study by the Miami Herald National Registration For Loan Officers Becomes Reality By Peter G. Miller     What do you know about your loan officer?
  www.realtytrac.com - Tuesday, February 3, 2009
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