Items Tagged with 'foreclosure'

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Ups and Downs

Sometimes we’re escalating, sometimes we’re excavating.
Home prices are rising and inventories are shrinking, but consumers are still a cautious lot by and large.
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Life After Foreclosure

Mortgage-only defaulters aren’t as risky as you’d think, a TransUnion study says.
Consumers who defaulted only on their mortgages during the recession are far better credit risks on new loans than those who fell behind on multiple credit accounts.
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Performance of Modified Loans Improves

FHFA releases third-quarter foreclosure prevention report.

Loans modified during the last three quarters are performing substantially better three months after modification, compared to loans modified in earlier periods.


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Is There a (Juris) Doctor in the House?

There's a 60% default rate associated with modified mortgages.
Millions of mortgages have been shipped around the global financial system—sold and resold—without the documents that traditionally prove who legally owns the loans and the properties.
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