Q2 2016 saw the fewest foreclosures in California since the Great Recession
California has one of the lowest foreclosure inventories in the nation.
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by Carrie B. Reyes | Sep 12, 2016 | Bay Area, Los Angeles-Santa Barbara-Ventura, Mortgages | 1
California has one of the lowest foreclosure inventories in the nation.
Read Moreby Carrie B. Reyes | Mar 28, 2016 | Mortgages | 0
Contrary to assumptions, strategic default is rare. In most cases struggling homeowners with limited ability to pay by and large continue to make payments on their mortgage, regardless of underwater status.
Read Moreby ft Editorial Staff | Feb 17, 2016 | Finance, Laws and Regulations, Real Estate, Recent Case Decisions | 1
Bank of America v. Caulkett Facts: A homeowner obtains two mortgages to fund their purchase of a...
Read Moreby Carrie B. Reyes | Feb 13, 2015 | Mortgages, Real Estate | 1
Our foreclosure problem runs deep.
Read Moreby ft Editorial Staff | Dec 23, 2013 | Monthly Statistical Update, Real Estate | 0
Home sales volume remains flat as negative equity wanes; More underwater homes buoy to marketability; FRM rates and 10-year Treasury Note spread keeps sales volume soft; California home sales volume remains flat
Read Moreby ft Editorial Staff | Aug 15, 2013 | Real Estate | 0
Richmond, California, is taking steps to enforce a reverse eminent domain taking of mortgages on underwater homes.
Read Moreby Carrie B. Reyes | Feb 14, 2013 | Finance, Real Estate | 1
Both the number of California notices of default (NODs) and foreclosure sales were lower in the fourth quarter (Q4) of 2012 than at any time since 2006. This leads experts to conclude…
Read Moreby Carrie B. Reyes | Jan 29, 2013 | Economics, Real Estate | 4
Homeowners are becoming less mobile. The long-term average length of occupancy for homeowners nationwide increased from…
Read Moreby Carrie B. Reyes | Nov 14, 2012 | Finance, Real Estate | 3
Consumer debt decreased by 0.5% nationwide in the second quarter (2Q) of 2012. Much of this...
Read Moreby ft Editorial Staff | Aug 24, 2012 | Finance, Real Estate | 3
San Bernardino homeowners may be blacklisted from future Fannie Mae and Freddie Mac (collectively...
Read Moreby ft Editorial Staff | Aug 9, 2012 | Feature Articles, Inland Empire, Reader Polls, Real Estate | 14
A case for one county’s use of eminent domain to help underwater owners, despite anti-cramdown smokescreens launched by the opposition.
Read Moreby Mary Balash | Jun 21, 2012 | Real Estate | 2
Large numbers of underwater homeowners in California are hampering a widespread economic recovery, per Zillow. Now, in 10% of Southern California cities, one out of five homeowners with a mortgage owes double the value of their...
Read Moreby Carrie B. Reyes | Jun 15, 2012 | Real Estate | 1
The revamped version of the Home Affordable Refinance Program (known as HARP 2.0) is up and running, nearly doubling the number of refinances it made the first quarter of 2012 –180,000 nationwide – compared to 93,000 in the...
Read Moreby Sarah Cantino | May 18, 2012 | Finance, Reader Polls, Real Estate | 8
Single family residence professionals: what percentage of your deals involve shortsales? 50% or...
Read Moreby Sarah Cantino | May 14, 2012 | Reader Polls, Real Estate | 3
Do you think BofA’s cramdown offers are likely to extend beyond 200,000 to greater numbers of underwater California homeowners? No (70%, 52 Votes) Yes (30%, 22 Votes) Total Voters: 74 Bank of America (BofA) has begun offering...
Read Moreby Sarah Cantino | Apr 24, 2012 | Finance, Real Estate | 2
“Halt foreclosures,” is the request of California’s Attorney General (AG) to Fannie Mae and...
Read Moreby Carrie B. Reyes | Apr 24, 2012 | Finance, Reader Polls, Real Estate | 2
Would the FHFA allowance of principal reductions benefit the real estate market? Yes (74%, 100...
Read Moreby Carrie B. Reyes | Apr 16, 2012 | Interest Rates, Reader Polls, Real Estate | 0
Do you think home prices will go any lower than their current average before a sustained recovery?...
Read Moreby Carrie B. Reyes | Apr 3, 2012 | Real Estate | 2
How many of your clients seeking to refinance will qualify for HARP 2.0? 10% or less (81%, 59...
Read Moreby Carrie B. Reyes | Mar 28, 2012 | Finance, Reader Polls, Real Estate | 10
Do you support renewing the Mortgage Forgiveness Debt Relief Act? Yes (80%, 207 Votes) No (20%, 52...
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