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CoreLogic: 10.4 million mortgages still in negative equity

corelogic: 1.7m homes moved into Positive Territory in 2012 03/19/2013 BY: ESTHER CHO In the fourth quarter of 2012, about 200,000 residential properties transitioned out of a state of negative equity, bringing the 2012 yearly total to 1.7 million properties,CoreLogic reported Tuesday.

LoanLogics acquires assets of Parker & Company LoanLogics was founded in 2005 to improve the transparency and accuracy of the mortgage process and improve the quality of loans. Its regtech capabilities help residential mortgage lenders, servicers, insurers and investors validate compliance, improve profitability and manage risk during the manufacture, sale and servicing of loan assets.

10.4 million mortgages were still in negative equity – where the homeowner owes more on his mortgage than the home is worth. This is however down from 10.6 million or 22 percent at the end of Q3.

CoreLogic: 2.2 million homes still in negative equity at end of Q3 2018.. negative equity can occur because of a decline in a home’s value, an increase in mortgage debt or both. Negative equity peaked at 26 percent of mortgaged residential properties in the fourth quarter of 2009, based on.

 · At the end of Q3, the total stood at 10.6 million properties, or 22 percent of all mortgages. Out of the 10.4 million properties in negative equity, 1.8 million have a loan-to-value (LTV) ratio.

Lennar earnings soar amid positive builder news Homebuilder stocks may be poised to keep rallying, with investor optimism about lower interest rates likely priming them to overlook any possible disappointments in KB Home and Lennar Corp. earnings ..

Meanwhile, 9.7 million or 19.8% of all residential properties with a mortgage were still in negative equity at the end of the first quarter of 2013 with a total value of $580 billion.

Negative equity peaked at 26% of mortgaged residential properties in Q4 2009 based on CoreLogic equity data analysis, which began in Q3 2009. The national aggregate value of negative equity was approximately $284.4 billion at the end of Q2 2017. This is up quarter over quarter by approximately $200 million, or 0.1%, from $284.2 billion in Q1 2017 and down year over year by approximately $700.

CoreLogic released new analysis showing approximately 200,000 more residential properties returned to a state of positive equity during the fourth quarter of 2012. This brings the total number of properties that moved from negative to positive equity in 2012 to 1.7 million and the number of mortgaged residential properties with equity to 38.1 million.

CoreLogic: "2.8 million Homes still in negative equity" at end of Q2 2017 From CoreLogic: CoreLogic Reports 2.8 Million Residential Properties with a Mortgage Still in Negative EquityCoreLogic. today released its Q2 2017 home equity analysis which shows U.S. homeowners with mortgages.

 · CoreLogic released a new analysis showing that 10.8 million, or 22.3 percent, of all residential properties with a mortgage were in negative equity at the end of the second quarter. This is down from 11.4 million properties, or 23.7 percent, at the end of the first quarter.

Ruling adjusts homeowner rights after foreclosure California has a complicated statutory right of redemption after the foreclosure sale has occurred, which would allow a party whose property has been foreclosed to reclaim that property by making payment in full of the sum of the unpaid loan plus costs one (1) year after foreclosure sale unless the original lender made a full price bid then.