Settlement

There were 30,000 permanent loan modifications completed in February
There were 30,000 permanent loan modifications completed in February, up from 29,000 in January, according to new data from HOPE NOW. Within the total number of modifications, an estimated 20,000 were through proprietary programs and 9,445 were completed via HAMP.   During February, there were... Keep Reading....
Approximately 119,000 homeowners kept their residences in August thanks to a non-foreclosure solution
Approximately 119,000 homeowners kept their residences in August thanks to a non-foreclosure solution, according to new data released by HOPE NOW. The total number of solutions—which included total loan modifications, short sales, deeds in-lieu and workout plans—increased by six percent from July... more
Default rates on first mortgages took a slight dip last month while the default rates on second mortgages took an upturn, according to the latest report from the S&P/Experian Consumer Credit Default Indices
Default rates on first mortgages took a slight dip last month while the default rates on second mortgages took an upturn, according to the latest report from the S&P/Experian Consumer Credit Default Indices. During September, first mortgage default rates were recorded at 0.67 percent, down one... more
Last month saw a total of 82,972 properties with foreclosure filings, according to new statistics released by ATTOM Data Solutions
Last month saw a total of 82,972 properties with foreclosure filings, according to new statistics released by ATTOM Data Solutions. September’s data represented a 13 percent drop from August, a 24 percent plummet from one year earlier, and the lowest level of foreclosure activity since December... 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
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 number of completed foreclosures nationwide decreased year over year from 64,000 in... more