U.S. Senator Bob Menendez (D-New Jersey) has proposed legislation that will help underwater homeowners avoid foreclosure and remain in their homes, according to an announcement onMenendez’s website.. The Preserving American Homeownership Act is intended to help the estimated 5.1 million Americans who are underwater, or owe more on their mortgage than their home is worth.
(Source: CoreLogic) As of June 2015, the national foreclosure inventory included approximately 472,000, or 1.2%, of all homes with a mortgage compared with 664,000 homes, or 1.7%, in June 2014.
Completed foreclosures, which are an indication of the actual number of homes lost to foreclosure, dropped by nearly 15 percent year-over-year in June from 50,000 to 43,000. The number of completed foreclosures nationwide in June 2015 represented a 63.3 percent decline from their peak of 117,000 reached in September 2010, according to CoreLogic.
Contents Government bank complaint database 45 voting democrats Highly competitive environment Residential mortgage market Senate today confirmed Louise yellen (born CoreLogic: 43,000 foreclosures complete in June 2015 Home Depot breach cost credit unions almost $60M PIMCO cuts mortgage-backed securities holdings Data Breaches at home depot cost Credit Unions $60M.
CoreLogic.com has released their June 2015 Foreclosure Report, and it shows that foreclosures continue to decline in number. Here are some of the highlights: 43,000 foreclosures were completed in June representing a 14.7% decline from June of 2014. The rate of serious mortgage delinquency is.
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The number of completed foreclosures nationwide decreased year over year from 43,000 in April 2015 to 37,000 in April 2016, representing a decrease of 68.9 percent from the peak of 117,813 in.
CoreLogic: 43,000 foreclosures complete in June 2015 The number of foreclosures nationwide decreased year over year from 50,000 in June 2014 to 43,000 in June 2015, representing a decrease of 63.3% from the peak of 117,119 completed foreclosures in.
Nationwide, completed foreclosures ticked up by 5 percent in June up to 43,000 for the month; still, they were down by 15 percent from June 2014. Completed foreclosures averaged about 21,000 per.
The national inventory of foreclosed homes dropped in June to its lowest level since December 2007 and is down 63.3% from its 2011 peak, according to CoreLogic’s latest National Foreclosure Report.
The November 2015 foreclosure inventory rate was the lowest for any month since November 2007, CoreLogic reports. Serious delinquencies (90 days or more past due, including loans in foreclosure or.
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