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First mortgage default rates were on the decline, but second mortgage defaults took an uptick, according to the latest S&P/Experian Consumer Credit Default Indices report
First mortgage default rates were on the decline, but second mortgage defaults took an uptick, according to the latest S&P/Experian Consumer Credit Default Indices report.   The index level for first mortgage defaults dropped from 0.69 percent in April to 0.64 percent in May. However, the level... Keep Reading....
Mortgage defaults on first mortgages were up slightly last month, according to the latest date from S&P/Experian Consumer Credit Default Indices. The first mortgage default rate in December was 0.71 percent, up one basis point from November. However, the second mortgage default rate dropped... more
CoreLogic has released its August 2016 National Foreclosure Report which shows the foreclosure inventory declined by 29.6 percent and completed foreclosures declined by 42.4 percent compared with August 2015
The U.S. housing market ended 2016 with lowest level of foreclosure filings in 10 years, according data released by ATTOM Data Solutions.   The newly published Year-End 2016 U.S. Foreclosure Market Report determined there were foreclosure filings on 933,045 properties last year, down 14 percent... more
What a difference a year makes: New data from ATTOM Data Solutions has determined there were 5.4 million residential properties seriously underwater
One million homes returned to positive equity positions over the first three quarters of 2016, according to new data released by Black Knight Financial Services (BKFS), which concluded that the national negative equity rate is now 4.4 percent with 2.2 million homeowners in negative equity—the... more
Sen. Harry Reid (D-NV) has looked into the future and does not see Sen. Elizabeth Warren (D-MA) as a viable candidate for the Democratic Party’s presidential nomination in 2020
Democrats in the U.S. Senate, under the leadership of Sen. Elizabeth Warren (D-MA), are attempting to plant the seeds of a digital grass-roots movement to prevent the confirmation of Steven Mnuchin to become the Secretary of the Treasury in President-Elect Donald Trump’s administration. On a... more