Sentences with phrase «defined as foreclosures»

NAR reported 28 percent of April 2012 sales were distressed sales, defined as foreclosures and short sales sold at deep discounts.

NAR reported 24 % of September 2012 sales were distressed, defined as foreclosures and short sales sold at deep discounts.

NAR reported 24 % of October 2012 sales were distressed, defined as foreclosures and short sales sold at deep discounts.

Not exact matches

Delinquencies are defined as mortgages which are more than 30 days behind on payments, but which have not yet slipped into foreclosure.

Borrowers that may be otherwise ineligible for an FHA - insured mortgage due to waiting period for bankruptcies, foreclosures, deeds - in - lieu, and short sales... may be eligible for an FHA - insured mortgage if the borrower (A) can document that the delinquencies were the result of an Economic Event as defined in this letter, (B) has completed satisfactory Housing Counseling, as described in this letter, and (C) meets all other HUD requirements.

This will vary by lender, but most will want to see borrowers with good to excellent credit scores (which is defined as any FICO score of 690 or above) and no recent derogatory marks on their credit reports (e.g., foreclosures, bankruptcy, defaults, liens, etc.).

The regulations at 34 CFR 682.201 (c)(2) define an adverse credit history for the FFEL program as having had a default determination, bankruptcy discharge, foreclosure, repossession, tax lien or wage garnishment in the last five years or a current delinquency of 90 or more days.

Adverse credit history is defined in 34 CFR 682.201 (c)(2)(ii) as not being 90 or more days late on repayment of a debt or having had a write - off of a Title IV debt, default, bankruptcy discharge, foreclosure, repossession, tax lien or wage garnishment in the past five years.

the limitations deadline of 12 months applies to Florida foreclosure judgments involving real estate defined as 1 - family to 4 - family dwelling units; and