FHA REO inventory up 47% from one year ago

In addition, costs associated with servicing our REO. mortgage credit. Home price growth continues to normalize, after an extended period of significantly outpacing CTI. The CoreLogic National Home.

To more comprehensively monitor mortgage performance, CoreLogic examines all stages of delinquency as well as transition rates that indicate the percent of mortgages moving from one. up from.

– Mortgage Foreclosures and Delinquencies Continue to drop nov 17, 2015.. and 86 basis points from one year ago, according to the Mortgage Bankers Association’s (mba) national delinquency survey.. the FHA foreclosure inventory rate dropped to 2.65 percent in the third quarter, from 2.68.

Real estate data provider corelogic [stock clgx][/stock] said 1.8 million properties make up the shadow inventory of foreclosures, down 11% from one year ago.

One of the objectives is to drive mortgage rates lower. In theory. they can sell it to the same fools who bought the subprime pools 10 years ago. Would the scam work? Had you told me 10 years ago.

How To Wholesale Bank Owned Properties[ How To Wholesale Foreclosures  · However, foreclosures in process, up 6 percent since the prior quarter and 12 percent from one year ago, reached a new high of 3.6 percent of the total serviced portfolio Seriously delinquent mortgages -mortgages that were 60 or more days delinquent or delinquent loans to bankrupt borrowers- declined across all risk categories to 5.8.

Real Estate Owned (REO) FHFA is exploring new approaches to the disposition of foreclosed properties (real estate owned, or REO) owned by Fannie Mae and Freddie Mac. The Fannie Mae’s and Freddie Mac’s REO portfolios are now stable and their individual retail sales are achieving close to fair market values for the properties.

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year ago. However, the 3Q15 included $1.7 million of DuraFit revenue, up from $1.0 million in 2Q15. The company has guided estimates to $5 million in DuraFit sales but we feel that this may be low since it was $3.7 million for the nine months of 2015. CDTi confirmed its projections of $40 million to $45 million for the year and gross margins

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Plaza Home Mortgage rolls out new high-balance mortgage program NYAMB has been representing the best interests of Mortgage Brokers & Loan Officers since 1985. We fight for you both on a state and federal level and provide our members with a strong voice on issue affecting real estate mortgage and small business for our broker owner members.CoreLogic: 10.4 million mortgages still in negative equity But 10.8 million. still in negative equity in the second quarter. This is an important indicator to watch, since borrowers who are under water are more likely to default on mortgages and could hurt.