This was a –12 percent change from July and -6 percent from August 2014 and followed five consecutive months in which foreclosure. including Florida (+23 percent), California (+31 percent), Texas.
First-half bank repossessions in 2015 were above 2006 levels in 35 states, including California, Florida. year-over-year increase in foreclosure activity in the first half of 2015 compared to a.
As the scars of the last financial collapse still healing, Florida’s 55,000 foreclosures during a 12-month stretch ending August 2016 easily topped all other states.
The company counted 1,396 foreclosure filings last month. While the year-over-year number was down, Palm Beach County foreclosures were up 32 percent from June, RealtyTrac says. Florida, meanwhile, remains the nationwide king of foreclosures, with 22,000 filings in July – twice as many as California.
Reverse-Mortgage Fails Not a Factor in Florida’s Stubbornly High Foreclosure Rate LENDING: Barclays sold bad mortgage loans to now-shuttered WesCorp. When the giant san dimas corporate credit union known as WesCorp went under in 2009, bad mortgage-backed securities were blamed for.
16:35 ET Subscribe to our weekly e-newsletter, Top News. Foreclosures may tick up in hurricane-affected areas. Hurricane-ravaged Texas, Florida and Puerto Rico have so far been spared a wave of foreclosures thanks to forbearance programs that have given homeowners breathing room to.
The Home Equity Theft Reporter: Florida Closing Agent Gets 3 Years In Scam Involving $17M+ In Fraudulently Obtained Mortgages Jody Collup of Global DMS Designated to MPA’s 2018 Elite Women in Mortgage List | Florida Newswire Breaking news and analysis on politics, business, world national news, entertainment more. In-depth DC, Virginia, maryland news coverage including traffic, weather, crime, education, restaurant.The Home Equity Theft Reporter: Florida Feds Obtain Indictment In Alleged Mortgage Scam Involving 79 Homes, $24M In Fraudulently Obtained Loans, $5M In Lender Losses The Florida Masochist: Tax prep and mortgage loans don’t mix credit union fees wane as the Economy Gains – The healthy jacksonville economy plus the usual first-quarter boost.
As the real estate market has slowed over the last year, luxury home auctions have seen incredible growth.. "On average, we see a 35 percent growth rate per year.. This New Jersey home is going up for auction July 23 to 26 with. activity in Florida, with three recent successful Concierge auctions in the.
IRVINE, Calif. – July 20, 2017 – U.S. Foreclosure Market Report, Florida’s status as one of the nation’s top foreclosure states has improved, and the foreclosure crisis continues to heal. The Florida foreclosure rate dropped 34 percent in the first half of 2017 year-to-year, and it declined 56% since 2015.
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Home foreclosures peak, National. Recovery. From December 2007 to June 2009, the U.S. economy. The average house price is now 1 percent. Arizona, and Florida – housing prices have failed to. experienced a run-up in prices from. 35%. OVERVALUED. 6%. 67%. 7%. 33%. JAN '00: START.
· Florida has set up foreclosure-only courts to reduce a huge backlog, but borrowers’ lawyers are critical of the process.. which began in July, is to reduce the foreclosures backlog by 62.
Foreclosures in Washington were up 15.45 percent in November over the same period last year, according to a report from RealtyTrac, with one in every 835 homes receiving a foreclosure notice. The.