Housing Wire

SEPTEMBER 11, 2023

HousingWire: According to ATTOM Data Solutions‘ latest foreclosure market report, bank repossessions climbed 9% in the first half of 2023 compared to the first half of 2022. Michael Chew: First, consider the first half of 2022; some areas were still dealing with or just coming out of pandemic -related foreclosure moratoriums and restrictions.

Technology 394

Technology Loans Design Sales 394

Housing Wire

AUGUST 19, 2021

The results are welcome news and run counter to worries that gained traction last year that elevated levels of delinquencies would result in a slew of foreclosures. Meanwhile, the 30-day delinquency rate decline by 4 bps to 1.41% and the 60-day delinquency category declined by 15 bps to 0.52%.

VA loan 427

VA loan Mortgages FHA loan Loans 427

Housing Wire

SEPTEMBER 16, 2021

When it comes to housing and mortgage markets this fall, most attention is being focused on the expiration of eviction and foreclosure moratoria and the pending completion of forbearance terms for many homeowners. Foreclosure moratoria were in place through July of this year. Source: MBA’s National Delinquency Survey.

Mortgages 481

Mortgages Loans VA loan Investor 481

Housing Wire

AUGUST 23, 2021

Though the drop is more subdued than in previous weeks, the decline continues a downward trend across most categories. How proactive communication can reduce the risk of foreclosure. The total number of loans in forbearance remained relatively unchanged, declining by one basis point to 3.25% as of Aug.

Loans 391

Loans Staging Investor Mortgages 391

Housing Wire

MAY 20, 2021

Serious delinquencies on the other hand (loans that are 90 days or more past due but not yet in foreclosure) saw significant progress, with more than 150,000 homeowners exiting serious delinquency status. However, foreclosure starts and active foreclosure inventory hit new record lows in April. There are still 1.8

Mortgages 491

Mortgages Loans Agents As-is 491

Housing Wire

SEPTEMBER 1, 2021

The reverse mortgage industry is perhaps overly familiar with having a need to fact-check certain claims about the product category made by financial commentators, some of which are very well-known by the general public while others are simply ubiquitous enough to warrant the need for competing educational materials.

Mortgages 347

Mortgages Finance Industrial Loans 347

Housing Wire

MAY 16, 2022

The most notable decline was in the portfolio loans and private-label securities (PLS) category, dipping by 29 basis points to 2.15%. In total, the share of loans in forbearance decreased by 11 basis points, to 0.94% in April from 1.05% in March. Ginnie Mae loans in forbearance decreased 9 bps, at 1.29% of servicers’ portfolio volume.

Loans 415

Loans Staging Mortgages Industrial 415

Housing Wire

JANUARY 18, 2022

The most notable decline was in the portfolio loans and private-label securities (PLS) category, dipping by 51 basis points to 3.43%. The survey also shows that loans serviced not delinquent or in foreclosure were 94.85% in December, up from 94.58% in November. However, 16.9% The post Forbearance rate drops below 1.5%

Loans 406

Loans Staging Mortgages Industrial 406

Housing Wire

JUNE 21, 2022

The largest decline came from the portfolio loans and private-label securities (PLS) category, declining 29 basis points to 1.86%. The overall servicing portfolio performance that is not delinquent or in foreclosure, posted 95.85% in May, 21 basis points higher than April’s 95.64%.

Loans 375

Loans Staging Mortgages Industrial 375

Housing Wire

FEBRUARY 8, 2022

In general, servicing executives are relieved not to have to re-live another foreclosure crisis. Consequently, they built an additional foreclosure and loss mitigation capability, added staff and rethought processes to contact borrowers. Borrowers started to reach out knowing that foreclosure processes would soon resume, said Bymel.

Loans 360

Loans Pre-approval Mortgages Principal 360

Housing Wire

MARCH 26, 2024

Other categories of price increases are harder to recognize in our daily activities, but inflation is high. It is a common belief in the legal industry that foreclosures will spike as consumers max out their credit and run out of options for covering the living expense overage, but that remains to be seen.

Equity 426

Equity Loans Bankruptcy New Construction 426

Housing Wire

FEBRUARY 22, 2022

The most notable decline was in the portfolio loans and private-label securities (PLS) category, dipping by 41 basis points to 3.02%. The survey also shows that loans serviced not delinquent or in foreclosure were 94.91% in January, up from 94.85% in December. During the last 19 months, MBA’s data revealed that 29.1%

Loans 388

Loans Staging Mortgages Industrial 388

Keeping Current Matters

JANUARY 6, 2021

As proof of this, First American broke down the net worth of homeowners and renters by income categories. Here are their findings: Only one income category ($127-192K) has a higher net worth for renters over homeowners. Every other category shows that being a homeowner leads to greater accumulated wealth.

Equity 249

Equity Principal Mortgages As-is 249

Housing Wire

MARCH 21, 2022

The most notable decline was in the portfolio loans and private-label securities (PLS) category, dropping by 30 basis points to 2.72%. The survey also shows that loans serviced not delinquent or in foreclosure were 94.94% in February, up from 94.91% in January, and 350 basis points higher than one year ago. The remaining 12.9%

Loans 370

Loans Staging Equity Mortgages 370

Housing Wire

JUNE 22, 2021

In addition to last week’s drop, every investor category experienced some form of decline. For many borrowers, this will be enough to avoid foreclosure. Servicers’ forbearance portfolio volume fell 11 basis points last week to 3.93%, according to a survey from the Mortgage Bankers Association. a 4 basis point improvement ?

Short sale 391

Short sale Loans Equity Mortgages 391

Housing Wire

JULY 27, 2021

Within those categories, the rules would govern capital, liquidity, board of directors, internal and external auditing and risk management. State examinations have also found that documentation problems led to foreclosures, unreconciled escrow accounts or incorrectly assessed fees.

Principal 370

Principal Banks Mortgages Loans 370

GeekEstate

NOVEMBER 16, 2022

Records include ownership info, property characteristics, sales history, MLS details, mortgage info, lien and foreclosure details, and tax info. Its Rehab Estimator provides estimated labor and material costs based on the project’s category, type, and quality of materials.

MLS 122

MLS Title Property Management Investor 122

Housing Wire

FEBRUARY 17, 2022

Prepayments in the prime category reached the mid-40% to 60% range between October 2020 and July of 2021. Historically this would be loans liquidated via foreclosure if the property sale price was unable to cover the outstanding loan plus costs. as of January of this year. “The Kahan said.

Marketing 359

Marketing Staging Loans Principal 359

Broke Agent Media

MARCH 10, 2023

Based on market data that includes home affordability and foreclosures, Chicago and New York City areas, along with East Coast markets and parts of interior California, are at high risk. ATTOM released a special Housing Risk Report yesterday, spotlighting the markets most vulnerable to a downturn based on key market measures for Q4 2022.

Marketing 98

Marketing Equity Residential Mortgages 98

HomeLight

JUNE 8, 2023

Foreclosures are up It’s not good when people can’t pay their mortgages and foreclose on their home, but when it happens at scale, it can mean a housing market crash is near. million foreclosure filings. received a foreclosure notice. Begin by looking at foreclosure filings and foreclosure activity.

Marketing 109

Marketing Loans Equity Land 109

Point2Homes

JANUARY 13, 2022

Property liens can be split into two main categories: consensual (or voluntary) and non-consensual (involuntary). Out of all property lien types, this one is the most likely to result in foreclosure if you are more than 120 days overdue on payments. Types of Liens. Let’s take a closer look at each one. Consensual or Voluntary Liens.

Loans 98

Loans Mortgages Banks Finance 98

Housing Wire

JULY 12, 2022

Prepayments in the prime category reached the mid-40% to 60% range between October 2020 and July of 2021 — during the refinancing boom. For late-stage delinquencies (mortgages delinquent 90 days or more and at the highest risk of foreclosure) rates also are down, from 0.65% in December of last year to 0.26% as of June 2022.

Loans 353

Loans Staging Mortgages Fixed-rate mortgage 353

Lab Coat Agents

APRIL 8, 2022

Let’s look at how much time should be spent on each of the important real estate lead generation categories each day: Advertising – 15 Minutes. Specialty Leads (Craigslist, Divorce Ads, Foreclosures, REO, FSBO/Expireds, etc) – 45 Minutes. Divorce: Look for divorce filings in your county’s records.

Agents 98

Agents Short sale MLS Staging 98

HomeLight

APRIL 30, 2022

If you are in the market to purchase an investment, several apps and sites connect you with distressed properties, foreclosures, and properties up for auction. Auction.com calls itself the nation’s largest online auction marketplace for foreclosure and bank-owned properties. Auction.com.

Closing 96

Closing MLS Pre-qualification Due diligence 96

Marco Santarelli

OCTOBER 6, 2023

Occasionally loan servicers that are reselling a previously funded VA loan that was inherited through foreclosure will offer a qualifying assumable option to investors to purchase that property. The most popular type of non-recourse lending for the 1 – 4 family property category is a self-directed IRA.

Loans 98

Loans Hard money loan Lending Investor 98

Kyle Handy

FEBRUARY 16, 2023

REDX Pricing REDX Leads Expired Listings GeoLeads FSBOs FRBOs Pre-Foreclosures REDX Storm Dialer REDX vs. Vulcan7 REDX vs. Landvoice REDX vs. Mojo REDX Discount Final Thoughts If you would rather watch or listen to this content, check out the video or podcast below! per month Pre-foreclosure: $39.99 So let’s get started!

MLS 74

MLS Investor Agents Sales 74

HomeLight

JULY 11, 2023

HOAs may initiate foreclosure even when mortgage payments are current if the state and the association’s covenants, conditions, and restrictions allow it. The judge may allow the owner to sell the home, however, court approval can take a long time, reports Helali.

Title 120

Title Title search Equity Construction 120

Marco Santarelli

AUGUST 5, 2022

When shoddy mortgages crumbled, the nation was left with foreclosures, numerous new houses remained empty, and millions of Americans were suddenly underwater. Those who are struggling may decide to sell their houses, maybe even at a profit, rather than allow them to be lost to foreclosures and short sales.

Marketing 113

Marketing Mortgages Lending Construction 113

RIS Media

JANUARY 29, 2021

Between prime (highest-quality) and subprime (lowest-quality) home loans are a category called “Alt-A mortgages.” . After a bankruptcy, foreclosure or short sale, a prospective homebuyer may have to wait a period of time before taking out a new prime mortgage. Alt-A mortgages generally don’t meet those criteria.

Debt-to-income ratio 98

Debt-to-income ratio Mortgages Bankruptcy Loans 98

HomeLight

AUGUST 16, 2021

Any sources of income that don’t fit into the categories above should also be documented as part of your proof of income. They will also consider your current and previous debts that resulted in foreclosures or bankruptcies. Foreclosure documents. Any other income. This can include: VA benefits. Social Security income.

Loans 104

Loans Mortgages Bankruptcy Purchase and sale agreement 104

RIS Media

FEBRUARY 18, 2021

Our Inspirations category honors those who make a difference every day. As we call them, “The Big-Hearted and the Brave,” there is no shortage of generosity and community spirit among the real estate professionals in the Inspirations category. Official online nominations will open this spring.

Industrial 82

Industrial Brokerage Development Agents 82

Housing Wire

FEBRUARY 8, 2022

In 2021, McCormick resold two renovated properties that she originally purchased at foreclosure sale on Auction.com in her hometown of Dayton, Ohio. Most of the renovated foreclosure resales came from local community developers like McCormick who sell a handful of renovated foreclosures a year in communities they care about. “I

Renovation 360

Renovation Development Banks Sales 360

Housing Wire

NOVEMBER 2, 2023

It simplifies lead generation and allows agents to contact prospects directly through an integrated phone dialer. REDX also offers script templates galore! housing industry.

Agents 381

Agents Branding Brokerage Marketing 381

HomeLight

JANUARY 27, 2021

Foreclosures or bank-owned homes. If you choose to purchase a foreclosure or bank-owned home, you might get an even better deal with incredible room for return on investment. So, “that would be somebody typically with a higher budget” looking at this category of home. Source: (Matt Chesin / Unsplash).

New Construction 104

New Construction Construction Land Design 104

Real Trends

MARCH 10, 2022

In 2019, only 16% of homeowners fell into that category, while 29% did in 2022 — suggesting pandemic buyers may have overextended their finances. A layoff or unexpected medical bill could lead to a missed mortgage payment or foreclosure. Some financially stressed homeowners spend more than 40% of their gross income on housing.

Mortgages 74

Mortgages Finance Agents As-is 74

Marco Santarelli

DECEMBER 20, 2020

You may learn about distressed sellers who will sell to you to avoid having a foreclosure on their credit report. Another solution in this category is buying investment properties for sale from property developers in private investment groups. Sites like RealtyTrac are tailored toward searching existing foreclosures.

Sales 80

Sales MLS Renovation Investor 80

Realty Biz

JANUARY 19, 2022

The platform makes use of multiple streams of MLS data that you can sort and organize with countless filters, allowing you to build search criteria for any number of property types, including pre-foreclosures, involuntary liens, expired listings, and many other categories.

MLS 105

MLS Technology Land As-is 105