* Denotes the year that director joined our board of directors (“Board”) pursuant to the separation from our predecessor, The First American Corporation (“FAC”), in 2010. Messrs. Chatham and O’Brien.
CoreLogic: Miami Homeowners Have More Equity in Q3. by James McClister December 16, 2015. Year-over-year gains in national equity were in the double digits at the end of this year’s third quarter, as a healing economy helped keep home price appreciation positive and consistent, according to a new report from CoreLogic.
For the homes in negative equity status, the national aggregate value of negative equity was $309.5 billion at the end of Q2 2015, falling approximately .5 billion from $338 billion in Q1 2015.
As of the end of 2013, CoreLogic estimates the number of mortgaged residential properties with equity totaled. the share of homes with equity versus underwater homes was mostly unchanged from Q3 to.
The CoreLogic analysis indicates that approximately 5.1 million homes, or 10.3 percent of all residential properties with a mortgage, were still in negative equity as of Q3 2014 compared with 5.4 million homes, or 10.9 percent, for Q2 2014. This compares to a negative equity share of 13.3 percent, or 6.5 million homes, in Q3 2013, representing.
The third quarter of 2014 saw more than a quarter of a million American homes return to positive equity, leaving about one in 10 still underwater, CoreLogic said in its Q3 2014 Equity Report.
Where there remain limitations to the information or ambiguities, the Board has taken an appropriately prudent view in assessing the recognition and valuation of assets and liabilities as at 31.
Delinquency and foreclosure rates continue to improve Record low rates spur mortgage application filings It’s official: All 50 state AGs to review foreclosures Attorneys General in 50 States Open Foreclosure Probe – “On Friday Bank of America announced we will stop foreclosure sales across all 50 states while we complete our review. official inquiries from individual states, we are responding accordingly,”.SARs pertaining to mortgage loan fraud increased by 1,411 percent between 1997 and 2005. This report filing trend continues apace in 2006, with 7,093 reports filed on suspected mortgage loan fraud during the first quarter, an increase of 35 percent over the SAR filings in the first quarter of 2005.Decrease expected to continue. Mortgages in some stage of delinquencies, including those 30 days or more past due to those in foreclosure, dropped from last year’s 5.2% to 4.4% in March, the lowest rate in 10 years. "Dropping delinquency and foreclosure rates reflect the beneficial impact of stringent post-crisis underwriting standards as well as.
CoreLogic: Boston Homeowners Have More Equity in Q3. by James McClister December 16, 2015. Year-over-year gains in national equity were in the double digits at the end of this year’s third quarter, as a healing economy helped keep home price appreciation positive and consistent, according to a new report from CoreLogic.
Southern California washes away foreclosure impact FDIC Warns Banks on HELOC Freezes, REO Management OCC warns of rising HELOC risks. The Fed usually raises the rate in incremements, but the pain can still come quickly. Beginning in 2004, it raised the rate 25 basis points 20 times in a row, pushing prime to 8.25% from 4% before reversing course post-crisis. More of these loans are already falling into trouble.Politics California foreclosures ripple even after major settlement In this file photo, a boarded up home is seen on April 6, 2011 in Richmond, California.
4.3 Million Properties Remain in Negative Equity as of Q4 2015. IRVINE, Calif., March 10, 2016 (PR Newswire) CoreLogic (NYSE: CLGX), a leading global property information, analytics and data-enabled services provider, today released a new analysis showing 1 million borrowers regained equity in 2015, bringing the total number of mortgaged residential properties with equity at the end of Q4.
House committee votes to end FHA Short Refi program Committee Votes to Kill Two Housing Programs, Delays Decision. – The house financial services committee voted Thursday to scrap two foreclosure relief programs – one that gives underwater homeowners a federal refinancing option through FHA’s Short Refi Program.
Compared with Q1 2016, negative equity decreased 24% from 4.1 million homes (or 8.1% of all mortgaged properties). "One million borrowers achieved positive equity over the last year, which means mortgage risk continues to steadily decline as a result of increasing home prices," says Dr. Frank Nothaft, chief economist for CoreLogic.