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Category Archives: Foreclosures

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Forbearance: Tread...

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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...

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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...

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Community Real Estate

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...

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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, according to Black...

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