Settlement

Home flippers are not seeing the big bucks they had hoped for, according to ATTOM Data Solutions’ latest Home Flipping Report
Home flippers are not seeing the big bucks they had hoped for, according to ATTOM Data Solutions’ latest Home Flipping Report. During the third quarter, single-family homes and condos that were flipped yielded an average gross flipping profit of $66,448 per flip, or an average 47.7 percent return... Keep Reading....
What a difference a year makes: New data from ATTOM Data Solutions has determined there were 5.4 million residential properties seriously underwater
What a difference a year makes: New data from ATTOM Data Solutions has determined there were 5.4 million residential properties seriously underwater—where the combined loan amount secured by the property was at least 25 percent higher than the property’s estimated market value—at the end of 2016, a... more
The total U.S. loan delinquency rate for December was 4.42 percent, down 0.91 percent from November and down 7.49 percent from one year earlier, according to new data from Black Knight Financial Services (BKFS). There were 59,700 foreclosure starts last month, a 1.16 percent drop from a month... more
November 2016 saw a total of approximately 107,000 total loan modifications, short sales, deeds in lieu and workout plans compared to an estimated 21,500 foreclosure sales, according to new data from HOPE NOW. Included in that total solutions figure were an estimated 29,000 permanent loan... more
Ocwen Financial Corporation has announced that the company helped approximately 75,000 homeowners avoid foreclosure through responsible loan modification programs in 2016. These modification programs include both the U.S. Department of the Treasury Home Affordable Modification Program (HAMP), as... more