Foreclosures down for third straight month as lenders manage backlog: RealtyTrac

Foreclosure moratoriums in each state in the aftermath of Superstorm Sandy last month means it will take longer for lenders complete pending foreclosures, Blomquist said. All told, 89,209 homes entered the foreclosure process in October, up 2 percent from September, but down 19 percent from October last year, RealtyTrac said.

Nearly one-third of all U.S. home sales in the first quarter involved properties that were in some stage of mortgage distress, according to RealtyTrac. foreclosures set a record for the second.

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NEW YORK AP – The number of homeowners on the brink of losing their homes dipped in October, the third straight. have helped stem foreclosure activity, said Rick Sharga, senior vice president at.

Capmark Financial Group Inc., the bankrupt commercial lender, said it ended. over-year basis for the 10th straight month, and were down 4 percent from June. One in 611 households got a notice. The.

Arizona foreclosure activity decreased nearly 15 percent from the previous month, but the state’s foreclosure rate moved from third highest in March to second highest in April thanks to an even bigger decrease in California. One in every 169 arizona housing units receiving a foreclosure filing in April — more than twice the national average.

Freddie Mac completes first small pool sale of deeply delinquent mortgages DSNews By: brian honea. freddie Mac announced Thursday that it sold 157 deeply delinquent non-performing loans (NPLs) totaling about $31 million in aggregate unpaid principal balance (upb) in its first-ever Extended Timeline Pool Offering (EXPO) sale on June 3.. EXPOs differ from Freddie Mac’s Standard Pool Offerings in that the loans include smaller pool sizes and a longer marketing period.

RealtyTrac released both its September and third quarter data on foreclosure activity on Thursday. A total of 109,130 U.S. properties had foreclosure filings in September 2015, down less than 1.

Foreclosure Activity Increases for Third Straight Month 11/09/2011 By: Carrie Bay Foreclosure filings in October rose 7 percent from the previous month, RealtyTrac reported thursday. including default notices, scheduled auctions, and bank repossessions – which all increased month-over-month – filings were reported on 230,678 U.S. properties in October.

Foreclosure filings fell again in July, but a spike in new foreclosures indicates that the housing market still has a long way to go before it works through its backlog of problem loans.

Foreclosure sales drop to lowest level since 2007 keep those costs down is an almost 30-percent drop in the price of window and floor coverings from January 2004 to. prices dropped rapidly and fell well below pre-recession levels. Since a low point in March 2009, prices have increased and reached their pre-recession levels. While the price of. U.S. BUREAU OF LABOR STATISTICS.

Foreclosure filings in August fell 5% from a year ago, the third straight month of declines, according to RealtyTrac, an online foreclosure marketplace. Foreclosures down for third straight month.

Foreclosure filings dip for third straight month. Banks repossessed more than 77,000 homes last month, down from nearly 88,000 homes in September.. lenders are delaying foreclosure as they.