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Recent Posts
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Homes Millbrae Pages
Tag Archives: Delinquency Rate
US Homeowners Rise Above Water on Mortgages
The negative equity numbers also don’t say anything about whether or not the loans coming out from underwater are delinquent. While the overall delinquency rate dropped dramatically in the fourth quarter of 2012 to 7.09 percent of all loans, according … Continue reading
Posted in Real Estate News
Tagged Assumption, Basis Points, Borrowers, Cautionary Note, Chief Economist, Dallas Fort Worth, Decline, Delinquency Rate, Delinquent Loans, Distressed States, Foreclosure Rates, Fort Lauderdale, Fourth Quarter, homes millbrae, Mba, Metro Areas, Mortgage Bankers Association, Mortgages, Negative Equity, Sequestration, Zillow
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Fewer Borrowers Are Behind on Mortgages, but for How Long?
“The declines in the mortgage delinquency rate will likely be muted for the foreseeable futures as the foreclosure process in some states can take more than 1,000 days,” notes Tim Martin, of TransUnion’s financial services business unit. “It is not … Continue reading
Posted in Real Estate News
Tagged Backlogs, Borrowers, Business Unit, Declines, Delinquencies, Delinquency Rate, Financial Services Business, Foreclosure, Futures, Home Builders, Home Loans, homes millbrae, Mortgage Delinquency, Mortgage Payment, Negative Equity, New Laws, Pipeline, Regulatory Rules, States Court, Tim Martin, Transunion
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Mortgage Recovery Still Rocky
The trouble is, the banks are close to finishing their obligations under the settlement, and the largest, Bank of America, will not continue to offer principal reduction afterward. “The programs then going forward will provide for similar relief, but I … Continue reading
Builders Warn on Housing
It’s one thing to jump on the bandwagon when things are getting better, it’s quite another to jump off of it when everyone around you, not to mention your own company’s earnings, would seem to confirm that sentiment. But that’s … Continue reading
Posted in Real Estate News
Tagged Bandwagon, Business Unit, Buyer Demand, D R Horton, Delinquency Rate, Distressed Properties, Donald J Tomnitz, Earnings Conference, Financial Services Business, Group Vice President, Homebuilder, Homebuilders, homes millbrae, Martin Group, Mortgage Delinquencies, Mortgage Delinquency Rates, Mortgage Payments, Rising From The Ashes, Tim Martin, Transunion, Welcome Sign
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Why Drop in Foreclosures Is Bad for Housing Market
In a normal housing market, lack of supply is generally considered a good thing. When demand outweighs supply, home prices rise and homeowners gain equity. Like so many things in this historic economic recovery, that premise doesn’t exactly apply. This … Continue reading
Posted in Real Estate News
Tagged Association Of Realtors, Cohorts, Delinquency Rate, Delinquent Mortgages, Distressed Properties, Economic Recovery, Existing Home Sales, First Time Home, First Time Home Buyer, First Timers, Foreclosed Homes, Foreclosures, Gain Equity, Home Loans, homes millbrae, Housing Market, Many Things, Mark Hanson, National Association Of Realtors, Premise, Time Home Buyer
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