Negative equity and foreclosure
When does strategic default make sense for a negative equity homeowner?
Read Moreby Carrie B. Reyes | Jan 27, 2023 | Economics, Feature Articles, Mortgages, Real Estate, Recessions | 0
When does strategic default make sense for a negative equity homeowner?
Read Moreby Carrie B. Reyes | Dec 30, 2022 | Economics, Finance, Real Estate, Recessions | 0
Making payments on an underwater mortgage in a declining market can feel a bit like pushing a boulder up a mountain.
Read Moreby Carrie B. Reyes | Aug 5, 2022 | Appraisal, Feature Articles, Home Sales, Real Estate, Recessions | 2
After two years of rapid price increases, appraisers will need to make a quick shift when prices dive later in 2022.
Read Moreby ft Editorial Staff | Feb 4, 2021 | Charts, Economics, Mortgages, Real Estate | 7
Underwater homes were at their bottom in 2020.
Read Moreby Carrie B. Reyes | Mar 24, 2020 | Economics, Feature Articles, Interest Rates, Recessions | 0
We are in the middle of a unique, global economic moment and the end result is still out of reach.
Read Moreby 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 ft Editorial Staff | Apr 25, 2016 | New Laws, Real Estate | 0
The Protecting Americans from Tax Hikes Act is a multi-billion dollar piece of federal legislation with minor consequences for California real estate.
Read Moreby Carrie B. Reyes | Apr 25, 2016 | Mortgages | 1
Homeowners with negative equity still make up as much as 20% of all homeowners in some parts of California.
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 ft Editorial Staff | Nov 2, 2015 | Monthly Statistical Update, Real Estate | 0
Sales volume is prophetic of home prices; Underwater homes diminish; Single family starts up, but lag for lack of demand
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 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...
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