Tag Archives: Losses

How Rising Home Prices May Actually Stall the Recovery

Home prices have been rising steadily for the past several months, but some fear the rapid increase could actually start hurting the housing recovery. The reason is that the rise in prices is mainly due to investors, mostly large hedge … Continue reading

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New FHA Foreclosures Spike

As lenders continue to try to modify delinquent mortgages or offer foreclosure alternatives, like short sales or deeds-in-lieu of foreclosure, the number of loans entering the foreclosure process are falling. So-called “foreclosure starts” were down 2.6 percent in April from … Continue reading

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Robo-Deal Is All About Lowering Mortgage Principal

It took more than a year to strike a deal, but here it is, the biggest government-industry settlement in history, surpassing even big tobacco. Five of the nation’s largest servicers will cough up more than $25 billion, the bulk of … Continue reading

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Excluding Distressed Sales, Are Home Prices Just Fine?

Home prices in May were down 7.4 percent year-over-year, according to a new report from CoreLogic. This is the first of the May numbers, as SP Case Shiller, which was released earlier this week, looks back two months. CoreLogic’s [CLGX  … Continue reading

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Foreclosure Delays Plague Housing Recovery

Foreclosure activity decreased in April for the seventh straight month, bringing total foreclosure activity to a 40-month low, according to a new report from RealtyTrac. This is not to say that default notices, scheduled auctions and bank repossessions aren’t running … Continue reading

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Will Home Price Warranty Restore Confidence?

There’s no question that consumer confidence, or lack thereof, is the greatest barrier in the way of a full-blown housing recovery. Credit, while tough to get, is historically cheap, home prices have fallen so far as to open the market … Continue reading

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