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The level of mortgage homeowners with tappable equity has reached a record peak, but tax ... of the third quarter of 2017, 42 million homeowners with a mortgage now have an aggregate of nearly $5.4 trillion in equity available to ... Graboske also noted that the number of underwater borrowers declined by 800,000 over the first nine months of 2017, a ...
Phil Hall - 2018-01-08 12:59
... high levels of student loan debt; nothing to help those with underwater mortgages; and nothing to help workers who are struggling to get by. ... David H. Stevens, President and CEO of the Mortgage Bankers Association , offered his support of the legislation. ...
Phil Hall - 2017-12-06 10:58
... Data Solutions has released its Q3 2017 U.S. Home Equity & Underwater Report , which shows that there were 4.6 million (4,628,408) U.S. ... 2017 represented 8.7 percent of all U.S. properties with a mortgage, down from 9.5 percent in the previous quarter and down from 10.8 ...
NationalMortgageProfessional.com - 2017-11-16 13:38
Featured Industry Leader: Debbie Reinhardt, President, California Association of Mortgage Professionals Greater Sacramento Chapter
Debbie Reinhardt is mortgage planner and central branch manager at American Pacific Mortgage and president of the Greater Sacramento Chapter of the California ... We still have some areas with some homes that are underwater due to maxing out their equity during the boom times, but in most ...
Phil Hall - 2017-05-19 16:30
... Nearly 5.5 million residential properties were seriously underwater during the first quarter, up from the 5.4 million level in the ... quarter represented 9.7 percent of all properties with a mortgage, up from 9.6 percent in the previous quarter but down 12 percent ...
Phil Hall - 2017-05-04 13:27
... demographics, tight housing stocks and continued low mortgage rates are expected to support this robust market outlook for the ... metro markets, with 16.6 and 16.5 percent of homeowners underwater, respectively. "Negative equity is one of the most ...
Phil Hall - 2017-03-07 12:48
... there were 5.4 million residential properties seriously underwater—where the combined loan amount secured by the property was at ... market represented 9.6 percent of all U.S. properties with a mortgage—down from 10.8 percent at the end of the third quarter, down from ...
Phil Hall - 2017-02-09 12:11
... into rental properties, according to a new study from the Mortgage Bankers Association’s (MBA) Research Institute for Housing America ... if the current occupant of the property was slightly underwater. If the homeowner was significantly underwater—those with a ...
Phil Hall - 2017-02-06 12:47
... securitization, issuance, marketing and sale of residential mortgage-backed securities (RMBS) between 2005 and 2007. In the settlement, ... while $2.8 billion will be directed to relief efforts for underwater homeowners, distressed borrowers and affected communities, in the ...
Phil Hall - 2017-01-19 16:02
... securitization, marketing, sale and issuance of residential mortgage-backed securities (RMBS) between 2006 and 2007. Deutsche Bank will ... Enforcement Act (FIRREA) and $4.1 billion relief package to underwater homeowners, distressed borrowers and affected communities. ...
Phil Hall - 2017-01-18 10:43