For the third straight month, option adjustable-rate mortgages are generating proportionally more delinquencies and foreclosures than subprime mortgages ...
Read more »Report: Option ARMs Performing Worse than Subprime

Category: Foreclosures & Short Sales Tags:
Mortgage Delinquency Reaches Record Hig
Rising unemployment levels helped push record numbers of homeowners into delinquency or foreclosure during the first quarter, according to industry data released yesterday.
Read more »
Category: Foreclosures & Short Sales Tags:
FHFA REPORTS ON HOMEOWNER
The report shows a 76 percent increase in loan modifications by Fannie Mae and Freddie Mac from the third to fourth quarters of 2008. There were 23,777 loan modifications during the fourth quarter, compared to 13,488 during the third quarter.
Read more »
Category: Economics and Statistics Tags:
Delinquencies Surge for HELOCs and Jumbo Prime Loans
Standard & Poor's said delinquencies of home-related loans climbed in January, with the rate surging in particular from December for home-equity lines of credit and prime-rated jumbo mortgages.
Read more »
Category: Foreclosures & Short Sales Tags:

Recent comments
27 weeks 1 day ago
28 weeks 1 day ago
35 weeks 1 day ago
35 weeks 2 days ago
38 weeks 4 days ago
39 weeks 1 day ago
50 weeks 14 hours ago
50 weeks 17 hours ago
51 weeks 6 days ago
1 year 2 weeks ago