Industry statistics are starting to point to stabilization in the housing market. We are seeing more of a balance in performing and underperforming markets; however, properties still in or on the verge of default pose a significant challenge to the recovery of the housing industry. As of February 2012, it was reported that 3.8 million home loans were 30 or more days delinquent, but not yet in foreclosure and 2.1 million properties were in foreclosure.Click to continue

Clear Capital has released its Home Data Index (HDI) Market Report with data through May 2012. The Report uses an array of public and proprietary data sources providing the most timely and relevant analysis available from any vendor.Click to continue

Commercial and multifamily mortgage delinquency rates dropped for banks and rose for commercial mortgage-backed securities (CMBS) during the first quarter of 2012.Click to continue

CoreLogic has released its April Home Price Index (HPI) report which found that home prices nationwide, including distressed sales, increased on a year-over-year basis by 1.1 percent in April 2012 compared to April 2011. This was the second consecutive year-over-year increase this year, and the first time two consecutive increases have occurred since June 2010. On a month-over-month basis, home prices, including distressed sales, increased by 2.2 percent in April 2012. This marks the second consecutive month-over-month increase this year.Click to continue

RealtyTrac's Q1 2012 U.S. Foreclosure Sales Report has shown that sales of homes that were in some stage of foreclosure or real estate-owned (REO) or bank-owned accounted for 26 percent of all U.S.Click to continue

WFG National Title Insurance Company has launched TitleNet, a national network of independent settlement services providers which will service high volumes of settlement transactions. The Williston Financial Group family of title insurers delivers comprehensive title insurance and real estate settlement services for lender, servicer, commercial and residential transactions nationwide.Click to continue

Non-home finance write-off dollars year-to-date through April have decreased 52 percent according to Equifax's April National Consumer Credit Trends Report. The write-offs have decreased to $26.2 billion as of April 2012 from $54.1 billion in April 2009. Today's write-offs approach 2006 pre-recession levels of $24 billion and continue an improving trend. Non-home finance write-off dollars have declined due to both improvements in general repayment patterns and lower numbers of bankruptcies.Click to continue

RealtyTrac has released its U.S. Foreclosure Market Report for April 2012, which shows foreclosure filings, including default notices, scheduled auctions and bank repossessions, were reported on 188,780 U.S. properties in April, the lowest monthly total since July 2007. April foreclosure activity decreased five percent from the previous month and was down 14 percent from April 2011. One in every 698 U.S. housing units had a foreclosure filing during the month.Click to continue

Each month, National Mortgage Professional Magazine will focus on one of the industry's top players in our "Mortgage Professional of the Month" feature. Our readers are encouraged to contact us by e-mail at newsroom@nmpmediacorp.com to be considered for a future "Mortgage Professional of the Month" feature article.Click to continue

CoreLogic has released its March Home Price Index (HPI) report which shows that nationally, home prices, including distressed sales, declined on a year-over-year basis by 0.6 percent in March 2012 compared to March 2011. On a month-over-month basis, home prices, including distressed sales, increased by 0.6 percent in March 2012 compared to February 2012, the first month-over-month increase since July 2011.Click to continue