While the nation’s foreclosure inventory and volume of 90-plus day delinquent mortgage loans have been on the steady decline nationwide as a whole, those levels remain elevated in some areas. Namely in three states—Florida, New York, and New Jersey, which […]
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Foreclosure
Bankruptcy and Foreclosure Seasoning
Bankruptcy and Foreclosure Seasoning Below are the seasoning requirements for various types of loans. Foreclosures, Short Sales, Deed-in-Lieu, Preforeclosure, and Charge-Off of Mortgages are all treated the same when it comes to seasoning requirements. All are measured from the date […]
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National Foreclosure Inventory Falls 25.7% from 2014: CoreLogic
There continues to be improvement in the number of distressed homes nationwide, according to a report from CoreLogic. The analytics provider’s March 2015 National Foreclosure Report found that the foreclosure inventory shrunk 25.7% from a year earlier, and completed foreclosures […]
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