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Category Archives: Foreclosures

HUD offers disaster relief to California wildfire victims

Source: Housing Wire Grants immediate foreclosure relief The U.S. Department of Housing and Urban Development announced Thursday it will offer relief to disaster victims of the recent California wildfires. As of Wednesday, wildfires that raged across northern California left a … Continue reading

Posted in Foreclosures, Housing availability, Mortgage, Real Estate | Tagged , |

Annual foreclosure inventory drops nearly 30 percent

Source: National Mortgage Professional   Foreclosure inventory declined by 29.6 percent nationwide, and completed foreclosures declined by 42.4 percent compared with August 2015, according to CoreLogic’s August 2016 National Foreclosure Report. The number of completed foreclosures decreased year over year … Continue reading

Posted in Foreclosures, Real Estate | Tagged , , |

Talking Points

Distressed sales, which include REO and short sales, accounted for 8.4 percent of total home sales nationally in May 2016, down 2.1 percentage points from May 2015 and down 1 percentage point from April 2016. Within the distressed category, REO … Continue reading

Posted in Economy, Foreclosures, Real Estate | Tagged , |

Talking Points …

It has taken nine years, but the number of U.S. homes in foreclosure has fallen to a level not seen since before the 2008 housing crisis. The number of properties in active foreclosure declined by 24,000 to 631,000 in March, … Continue reading

Posted in Foreclosures, Real Estate |

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