Settlement

The number of residential properties with foreclosure filings reached an 11-year low during the third quarter
The number of residential properties with foreclosure filings reached an 11-year low during the third quarter, according to a new report from ATTOM Data Solutions.   During the third quarter, 191,824 properties had foreclosure filings, down 13 percent from the previous quarter and down 35 percent... Keep Reading....
The government-sponsored enterprises (GSEs) completed 13,845 foreclosure prevention actions in July
The government-sponsored enterprises (GSEs) completed 13,845 foreclosure prevention actions in July, according to new data released by the Federal Housing Finance Agency (FHFA).   During July, Fannie Mae and Freddie Mac coordinated 10,217 permanent loan modifications. Approximately 77 percent of... more
Delinquencies in three of the four loan categories related to housing were down in the second quarter
Delinquencies in three of the four loan categories related to housing were down in the second quarter, according to new data from the American Bankers Association (ABA).   Home equity loan delinquencies fell nine basis points (bps) to 2.50 percent of all accounts in the second quarter, while home... more
Quicken Loans Inc. has announced that it is donating $300,000 to an endeavor that will move 80 Detroit homes out of tax foreclosure and resell them to the residents who were renting them from delinquent owners
Quicken Loans Inc. has announced that it is donating $300,000 to an endeavor that will move 80 Detroit homes out of tax foreclosure and resell them to the residents who were renting them from delinquent owners.   According to a Crain’s Detroit Business report, the homes will be sold to the rents at... more
The government-sponsored enterprises (GSEs) completed 13,845 foreclosure prevention actions in July
Fannie Mae and Freddie Mac completed 48,760 foreclosure prevention actions in the second quarter, according to data released by the Federal Housing Finance Agency (FHFA).   During the second quarter, the serious delinquency rate for the government-sponsored enterprises (GSEs) fell to 0.9 percent,... more