Foreclosures, Delinquencies Fall
Mortgage servicers completed more than three times as many loan modifications and other home retention actions as they did foreclosures and other home forfeitures in the fourth quarter of
Mortgage delinquencies edge down
A trade group says 9.1% of borrowers missed at least one home loan payment in the third quarter, compared with 9.9% in the second quarter. The number of Americans falling behind on their mortgage payments dropped slightly in the third quarter, encouraging news for those who fear a fresh wave of defaults brought on by [...]
Home Sales: Foreclosures Rise but Delinquencies Wane
Home sales and the real estate market have taken a pounding due to the influx of foreclosures, but recent data suggests the long term foreclosure picture is improving due to declining delinquencies. The number of foreclosure starts declined slightly in August, but was still 20 percent higher in August 2009, according to the August Mortgage [...]
New delinquencies could derail foreclosure progress – Inman.com
A survey of lenders shows the number of homes in the foreclosure process during the second quarter declined for the first time since 2006, but that foreclosure inventory could be driven back up by a surge in …
Home Foreclosures Fall, but Mortgage Delinquencies Rise – New York Times
The foreclosure crisis finally began to improve in the second quarter, but with the continued weakness in the economy and the recent deterioration of the housing market the gains may prove fleeting, data …
Foreclosures, delinquencies drop but may climb again
Foreclosures and late payments on home mortgages dropped slightly in the second quarter of this year, but sustained high unemployment and a stalled economic recovery could make the improvement short-lived.
Home Foreclosures Fall, but Mortgage Delinquencies Rise
Foreclosures could head higher in coming months, as the percentage of borrowers at least one payment behind resumed its rise, new data suggest.