Foreclosure rates dropping, may mean less vacant homes. lenders to tackle their backlog of foreclosure cases. Fourteen states saw an annual increase in foreclosure activity, which RealtyTrac.
· A backlog of foreclosures delayed by the bank robo-signing scandal last year could add to the activity this year, the firm’s survey notes. There were nearly 1.84 million properties with default notices, scheduled auctions and bank repossessions in 2012, down 36% from the.
Home Foreclosures Drop 3% in May as Lenders tackle backlog: realtytrac. Foreclosures Drop 3% in May as Lenders Tackle Backlog: RealtyTrac.. CEO of RealtyTrac, added lenders are not making as.
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· US Foreclosure Starts Drop By ALEX VEIGA. – Lenders initiated foreclosure action in August against the fewest U.S. homes. RealtyTrac expects monthly foreclosure starts to.
says RealtyTrac. Foreclosure starts sank 21% on month to the least since the end of 2005, while repossessions dropped 9%, although rates in some states for the latter metric increased as judges plowed.
Unemployment remains at lowest level since 2007 unemployment insurance – housingwire.com – This is the lowest level for this average since October 27, 2007 when it was 2,561,750. Read More.. Unemployment remains at lowest level since 2007. Down 19,000 from last week’s total.
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""The numbers in May continued and confirmed the trends we noticed in April: overall foreclosure activity leveling off while lenders work through the backlog of distressed properties that have.
RealtyTrac, which monitors county registries of deeds around the country, says lenders filed paperwork covering around 1.9 million foreclosures, deed seizures and property resales in 2012 — a.
· A record number of homeowners lost houses to their banks in August as lenders worked through the backlog of distressed mortgages, real estate data company RealtyTrac said on Thursday.
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Raleigh, N.C. – Housing foreclosure activity declined sharply across North Carolina in May by 38.3 percent compared to a year ago, foreclosure listing firm RealtyTrac reported Thursday. The.
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Housing Price Declines Spread to 38 States in Feburary: Report Respect We strive to act with respect for each other, share information and resources, work together in teams, and collaborate to solve problems. Excellence We aspire to excel in every aspect of our work and to seek better ways to accomplish our mission and goals. Integrity We are committed to the highest ethical and professional standards to inspire trust and confidence in our work.