Foreclosure Starts Down, Loan Performance Up

Day: April 15, 2012

Foreclosure Starts Down, Loan Performance Up

Foreclosure Starts Down, Loan Performance Up

According to a report released by LPS Applied Analytics, loan performance was up and foreclosure starts down compared to the previous month. Despite this, foreclosure rates are near historic high rates but delinquency rates are at the lowest point since August 2008. Foreclosure starts are down over 15%, with foreclosure inventory at 4%. That may…  Continue Reading

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Single Family Rental Investments Thrive

Single Family Rental Investments Thrive

If you’re a real estate investor in northeast Ohio, then this is great news for you. If you’re in a market in Florida or the Midwest, the news is equally as good. According to CoreLogic’s MarketPulse report, these markets yield the highest single-family rental cap rates. In the last five years, 3 million former homeowners…  Continue Reading

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FHFA Director Supports HAMP Principal Reductions

FHFA Director Supports HAMP Principal Reductions

Acting Director of the Federal Housing Finance Agency Edward DeMarco released preliminary findings from an FHFA analysis earlier this week, and stated, “principal reductions done under large incentive payments from the Treasury Department would save Fannie Mae and Freddie Mac enough money to begin an umbrella write-down program,” – up to $1.7 billion. Despite this,…  Continue Reading

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