California underwater homeowner numbers to increase
Underwater homes were at their bottom in 2020.
Read More
Tag: negative equity
Are we heading toward a foreclosure crisis in 2020?
We are in the middle of a unique, global economic moment and the end result is still out of reach.
Read More
Underwater homes rise in California for the first time since 2009
The negative equity trend will continue to follow home price movement in the coming years.
Read More
Factors point to a brief market slowdown ahead; Monthly Statistical Update (April 2017)
Download the Monthly Statistical Update To view the full-size version, print and personalize this...
Read More
California foreclosures fully recovered in 2016
0.3% of California’s mortgaged homes were in some stage of foreclosure at the end of 2016.
Read More
Q2 2016 saw the fewest foreclosures in California since the Great Recession
California has one of the lowest foreclosure inventories in the nation.
Read More
Are underwater homes here to stay?
Homeowners with negative equity still make up as much as 20% of all homeowners in some parts of California.
Read More
Is California’s foreclosure problem finally behind us?
23,900 foreclosures were completed in California during 2015, a big improvement from recent years.
Read More
May a junior lien on a property be extinguished in Chapter 7 bankruptcy when the debt on the senior lien exceeds the property’s FMV?
Bank of America v. Caulkett Facts: A homeowner obtains two mortgages to fund their purchase of a...
Read More
The short sale purchase agreement – boilerplate agreement or as an addendum
Form-of-the-week: Purchase Agreement with Short Sale Contingency – Form 150-1 and 274 Selecting...
Read More
Inevitable rise in mortgage rates to hamper recovery, Monthly Statistical Update (November 2015)
Sales volume is prophetic of home prices; Underwater homes diminish; Single family starts up, but lag for lack of demand
Read More
Full housing recovery imminent, Monthly Statistical Update (July 2015)
Download the Monthly Statistical Update To view the full-size version, print and personalize this...
Read More
Will HELOC resets cause the next bust?
Too many homeowners taking out HELOCs at once can cause a disastrous trend.
Read More
Foreclosures are almost fully recovered
NODs were their lowest since 2005 last quarter.
Read More
Does a lender commit fraud when it verbally informs a homeowner their property’s value will always appreciate?
A homeowner obtained an adjustable rate mortgage (ARM) secured by a trust deed on their home.
Read More
Economy staggers through recovery, Weekly Statistical Update 04/14/2014
Economy staggers through recovery, Weekly Statistical Update 04/14/2014; More underwater homeowners bob in the black; Bankruptcies tied to homeownership; Consumer sentiment falters
Read More
FARM: Strategic default on your vacation home
Think twice before walking away from your vacation property.
Read More
Second mortgages signal financial accelerator effect
Second mortgages almost disappeared after the financial crisis. Recent price inflation has brought them back, but for how long?
Read More
Case in point: Is a HAMP servicer required to offer a permanent loan modification to a homeowner who successfully completes a trial period plan?
Recent cases have closed loopholes enabling servicers to back out of providing permanent modifications to qualified homeowners.
Read More
Positive equity, proceed with caution
Homeowners gained trillions in positive equity over 2013. Will it last?
Read More
