CoreLogic says its research shows that low mortgage rates are helping to keep elevated delinquencies in check. “Our analysis of CoreLogic public records shows that more than one-half of all home mortgage loans created since the onset of the pandemic have been no-cash-out refinance,” Frank Nothaft, chief economist at CoreLogic, told Mortgage News Daily. “By
Foreclosures Trending Downward But Watch Out For Supply-Demand Issues
April 25, 2012 by
The foreclosure numbers have receeded somewhat. Perhaps this is a sign that the volume is finally coming down, or it’s a momentary pause caused by the Robo-signing scandal and ensuing bank settlement of 2011. But either way, the damage has been done, and will continue for years to come.
How Foreclosure Scammers Trick Homeowners Out Of Their Cash
December 13, 2011 by
While the news that the foreclosure rate in the US finally seems to be slowing might be welcome, the number of scams designed to exploit vulnerable homeowners shows no such signs of abating just yet. Therefore, reports Fox Business, homeowners are being advised to be wary of any companies making foreclosure assistance offers that seem
