Hawaii’s Foreclosure Rate up 145 Percent
135 foreclosures last month may not sound like a lot, but given Hawaii’s size it’s devastating. Amounting to one filing for every 3,638 households for Hawaii.
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Archive for the 'Foreclosure' Category (Chronologically Listed)
California Lenders Slow to Save Failing Mortgages
There’s been a lot of talking about it from lenders and government agencies, but there hasn’t been a lot of it going on.
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Posted by Ryan Fiore on Oct 23 2007 under California, Foreclosure, Housing Market, Mortgage Broker, Mortgage Lending
Foreclosure Filings Soar in August
Foreclosure filings rose 36 percent in August from July and a staggering 115 percent from a year ago, hit by declines in once-hot housing markets such as California, Nevada and Florida.
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Posted by Richard Barber on Sep 19 2007 under Foreclosure
Many Mortgage Foreclosures are From Investors
Investors who tried to make a quick buck on the housing market are having an outsized influence on surging mortgage defaults in former boom states such as California and Florida.
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Posted by Richard Barber on Sep 01 2007 under Foreclosure, Mortgage Lending
No End in Sight to Foreclosure Crisis
The flood of foreclosure filings showed no sign of let-up last month, according to the latest data from RealtyTrac, the online marketer of foreclosure properties.
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Posted by Jed Moss on Aug 23 2007 under Foreclosure
Countrywide Mortgage Reports on Sky-Rocketing Foreclosures
Foreclosures and delinquencies among home loans that Countrywide Financial Corp. services rose in July to their highest in at least several years, the largest mortgage lender said on Tuesday.
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Posted by Jed Moss on Aug 15 2007 under Foreclosure, Mortgage Lending
Not Just Bad Credit Home Loan Holders: Defaults to Pile Up Across Nation
Mortgage defaults will increase for at least a year, spreading beyond bad credit home loan borrowers to those with better credit, according to Michael Youngblood, an analyst at Friedman Billings Ramsey Group Inc.
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Posted by Jed Moss on Aug 08 2007 under Foreclosure
Foreclosure Rules Vary By State; Be Sure to Know Your Mortgage
In the Alabama housing market, late-paying homeowners can lose their properties to foreclosure at breathtaking speed - as little as 30 days after a delinquency notice is published.
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Posted by Jed Moss on Jul 24 2007 under Foreclosure
A Look at Foreclosures in the Colorado Housing Market
Royce Morales bought a foreclosed home for $86,000 last month, about half of its previous sales price.
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Posted by Jed Moss on Jul 20 2007 under Colorado, Foreclosure
Atlanta Mortgage Woes Setting the Tone For Housing Market?
Eager to feel and show elevated status, many homeowners in the last four years or so took out risky mortgages with lower initial payments in order to buy fresh, big new houses.
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Posted by Richard Barber on Jul 12 2007 under Foreclosure, Georgia