More than half of US metros post higher foreclosure activity

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The gap in recovery rates between high-foreclosure and low-foreclosure ZIP codes is especially pronounced throughout California and in many Midwest metros. 9.8 percent more than it was at its peak.

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 · IRVINE, Calif. – April 12, 2018 – ATTOM Data Solutions, curator of the nation’s premier property database, today released its Q1 2018 U.S. Foreclosure Market Report, which shows a total of 189,870 U.S. properties with a foreclosure filing during the first quarter of 2018, up 4 percent from the previous quarter but still down 19 percent from a year ago and 32 percent below the pre.

Overpopulation - The Human Explosion Explained Unemployment spreads distress in U.S. home loans. More than 20 percent of areas with above-average foreclosure activity were in Oregon, Idaho, Utah, Arkansas, Illinois and South Carolina in the first half of the year. That shift points to growing unemployment more than to fallout from subprime and adjustable-rate loans,

Wilshire Bancorp acquires Bank of Manhattan’s mortgage business summary reports of their mortgage lending activity. In February 2000, Nara Bancorp Inc. was formed as the. of 1998. The four new California branches are in Mid-Wilshire (Los Angeles), Cerritos, In addition, the bank acquired three New York branches in. Manhattan, Flushing, and Jackson Heights.

Legacy foreclosures on loans originated between 2004 and 2008 represented 74 percent of all active loans in foreclosure in the District of Columbia, higher than any state with at least 100 active loans in foreclosure, followed by Hawaii (67 percent), New Jersey (58 percent), Massachusetts (58 percent), Florida (55 percent), and Nevada (55 percent).

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FICO warns mortgage, student loan delinquencies may rise Add to that just over one million homes with mortgages that are either delinquent. at borrowers with student loan debt, that with all other factors (debt, credit score) equal, the difference.

3 days ago · Home foreclosure rates fell significantly across the country in the first half of 2019. The number of homes facing foreclosure across the nation fell.

 · Looking at larger U.S. cities, foreclosure activity in the first half of 2012 grew more than 20% from the second half of 2011 for the cities of Philadelphia (30%); Chicago (28%); New York (26%.