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Q3 Update: Delinquencies, Foreclosures and REO

Calculated Risk Real Estate

However, I also argued this would NOT lead to a surge in foreclosures and significantly impact house prices (as happened following the housing bubble) since lending has been solid and most homeowners have substantial equity in their homes. of loans are under 3%, 60.3% year over year, representing a collective gain of $1.1

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Q4 Update: Delinquencies, Foreclosures and REO

Calculated Risk Real Estate

The two key reasons are mortgage lending has been solid, and most homeowners have substantial equity in their homes. Last Thursday, CoreLogic reported on homeowner equity: CoreLogic: Number of Underwater US Homes Drops by 15% Annually in the Fourth Quarter The report shows that U.S. of loans are under 3%, 59.4%

Equity 69
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Q2 Update: Delinquencies, Foreclosures and REO

Calculated Risk Real Estate

However, I also argued this would NOT lead to a surge in foreclosures and significantly impact house prices (as happened following the housing bubble) since lending has been solid and most homeowners have substantial equity in their homes. homeowner now has about $290,000 in equity. of loans are under 3%, 61.3%

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Part 2: Current State of the Housing Market; Overview for mid-December

Calculated Risk Real Estate

Low Levels of Delinquencies, Foreclosures and Real Estate Owned Last week, I wrote Q3 Update: Delinquencies, Foreclosures and REO. In that article I noted that with substantial equity, and low mortgage rates (mostly at a fixed rates), few homeowners will have financial difficulties during this cycle.

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Housing coalition publishes recommendations for GSEs’ ‘Duty to Serve’ plans

Housing Wire

The Housing and Economic Recovery Act of 2008 (HERA) “codified housing goals and added a Duty to Serve, which gives FHFA the tools to ensure that Fannie and Freddie stay focused on affordable housing and serving the housing needs of low- and moderate-income families instead of using a federal backstop to just cherry-pick the most lucrative loans.”

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Housing Tech Rundown: Quantarium, Equifax and Ellie Mae

Housing Wire

Artificial Intelligence company Quantarium announced on Thursday its partnership with Valligent Technologies to launch a condition adjusted “Quantarium Valuation Model” for equity lending, broker price opinions and real estate owned valuations. version arrived just over six months after the 20.1

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Flipping Houses in New York: 5 Cities to Consider

HomeLight

According to the real estate investment lending site New Silver, the average Fix and Flip investors in New York are generating $56,400 per flip. According to Wise, putting in a little sweat equity on the interior work can improve your profit margin. “If How much do New York flippers make? Wise agrees.