Sentences with phrase «high foreclosure»

Even with high foreclosure rates over the last several years, more than $ 1 trillion of consumer debt — 9 percent — is still delinquent.

However, recent crisis, featuring high foreclosure rates and dropping house prices, had proven such measures to be way less effective than projected.

He talks about the 1.5 million record high foreclosure numbers.

It seems that some of these companies have been trying to get lawyers to team up with them to appear more legitimate and to justify charging higher foreclosure rescue — related fees.

High foreclosure rates have a lot to do with it.

«We fully support Chairman Bernanke's comments that the lack of available and affordable mortgage financing, low home values and high foreclosure inventories are inhibiting a meaningful housing market recovery.

This puts Delaware among the top five states in the nation in terms of high foreclosure rates.

Researchers found that white households were significantly more likely to leave areas with high foreclosure rates, while black and Latino families entered these neighborhoods out of necessity or to seek newly affordable housing options.

Commissioner Stevens asserts that writing down mortgage loans to reflect current home values is important for boosting US housing markets; as long as high foreclosure rates and large numbers of bank - owned foreclosed properties are available, housing markets aren't likely to improve.

Minneapolis, MN: In an effort to continue stabilizing home values and improve conditions in communities experiencing high foreclosure activity, the Federal Housing Administration (FHA) will extend FHA's temporary waiver of the anti-flipping regulations.

FHA hopes this waiver will encourage investors to renovate foreclosed and abandoned homes to increase the availability of affordable homes and stabilize communities that have seen high foreclosure activity.

Although bailout weary legislators and taxpayers are watching falling FHA reserves closely, it's likely that the wave of foreclosures resulting from tightening streamline refinance CLTV requirements would cause an outcry in neighborhoods impacted by higher foreclosure rates.

Metros with highest foreclosure totals More properties received a foreclosure filing in the Miami - Fort Lauderdale - Pompano Beach metro area during the first half of 2010 than any other metro area with a population of 200,000 or more.

After dropping to a 53 - month low in April, Arizona foreclosure activity bounced 24 percent higher in May, helping the state document the nation's second highest foreclosure rate for the month — one in every 305 housing units with a foreclosure filing.

Petersburg - Clearwater metro area document the fifth highest foreclosure rate among large metro areas.

Georgia's foreclosure rate leapfrogged the foreclosure rates in Arizona, Florida, California and Nevada, all of which posted higher foreclosure rates than Georgia in the previous month.

California, Florida, Ohio report highest foreclosure totals.

In 2010 Maryland had the 15th highest foreclosure rate in the United States and if not for the foreclosure moratorium that put a temporary stop on many foreclosures, Maryland would have surpassed its 2009 total.

All of the really coveted areas never had extremely high foreclosures to begin with, still don't and won't ever.

Not so good: April 2013 and March 2013 both saw Florida with the 2nd highest foreclosure rate in the United States.

California foreclosure activity decreased 19 percent from May 2011, but the state still posted the nation's fourth highest foreclosure rate for the month — one in every 324 housing units with a foreclosure filing.

«In October, New Jersey had the 24th highest foreclosure rate in the country, with servicers filing roughly 5,200 foreclosures that month, according to RealtyTrac.

Given record inventories and continued high foreclosure levels, home prices will bounce along the bottom for a while, at least according to the crystal ball wielded by David Berson, chief economist with mortgage insurers PMI Group.

By 2011, Flint would have the ninth highest foreclosure rate in the country.

RealtyTrac measured five key housing metrics in 919 U.S. counties and discovered the majority are still suffering from falling average home prices, unemployment, and higher foreclosure inventories, foreclosure starts and distressed sales.

The effort is critical because of the destabilizing impact of high foreclosures and distressed sales, says NAR.

The United States Department of Housing and Urban Development (HUD) has and is addressing the housing market's «shadow inventory» and to target relief to communities experiencing high foreclosure activity.

Over on my Sacramento Blog, I've been discussing how Sacramento County real estate sales are starting to heat up in a big way, fueled by high foreclosure rates and huge year - on - year price reductions.

Record - high foreclosure levels, fewer mortgage options, and increased industry regulations through Dodd - Frank legislation hit us like a ton of bricks.

Other metro areas with the 10 highest foreclosure totals were Phoenix - Mesa - Scottsdale (73,352), Riverside - San Bernardino - Ontario (63,717), Las Vegas - Paradise (53,525), Atlanta - Sandy Springs - Marietta (52,381), Detroit - Warren - Livonia (47,563), New York - Northern New Jersey - Long Island (44,522) and Orlando - Kissimmee (37,352).

The state has the fifth - highest foreclosure rate as of June 2017, and in past years ranked closer to number one on the list.

In 2012, the city filed for bankruptcy and had the nation's highest foreclosure rate at more than four times the US average, according to RealtyTrac.

Nevada has the highest foreclosure rate, with 0.7 percent of consumers receiving a new foreclosure notation on their credit report during the second quarter of 2010; Arizona is the next - highest, with 0.6 percent of consumers with new foreclosure notations;

New Jersey, Maryland, and Delaware had the highest foreclosure rates in the nation in 2017.

The state also has some of the highest foreclosure rates in the United States.

Florida tops all the worst economy lists with a 10 % unemployment rate and the highest foreclosure rate in the country.

Nevada has one of the highest foreclosure rates in the country.

Factors that put you at risk are making an occasional late payment, living in a high foreclosure area, and / or carrying risky debts such as an interest - only mortgage.

These states also have among the highest foreclosure rates in the country.

Meanwhile, states with the lowest median home value and relatively high mortgage debt tend to have the highest foreclosure rates.

Recently, back in the month of November of 2010, we talked to one major property management company in Ohio that rents out luxury apartments and they said because of the economic downturn and high foreclosure rates, they wouldn't be able to rent out many apartments if they rejected applicants with bad credit.

Florida posted the nation's highest foreclosure rate in October for the second consecutive month, but filings in Broward County declined from a year ago.One in every 312 homes in the Sunshine State was in some stage of foreclosure last month, according to...