Foreclosures down for 20th straight month

Foreclosures in May were down 19% from the previous year, the 20th straight month of year-over-year declines, according to data released by ATTOM Data Solutions.

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Consumer credit increased at a seasonally adjusted annual rate of 4-1/4 percent during the first quarter. Revolving credit increased at an annual rate of 1-1/2 percent, while nonrevolving credit increased 5-1/4 percent. In March, consumer credit increased at an annual rate of 3 percent.

Foreclosures down for 7th straight month By Les Christie May 12, 2011: 5:27 AM ET. NEW YORK (CNNMoney) — The number of foreclosure filings issued in April plunged 34% from a year ago — the.

Bank of America shifts West Coast foreclosures into overdrive By Brett wolf st. louis (Reuters) – Under pressure from its U.S. regulator, Bank of America has shifted its compliance group from its legal department to its risk oversight group, a source familiar with the matter said. The move comes as federal regulators have warned big banks to adopt more ethical

Foreclosure auctions were scheduled for the first time on 47,715 properties, down 15 percent from the previous month and 21 percent from a year earlier. bank repossessions (reo) rose less than 1 percent from January to 30,307 but this was 33 percent below the completed foreclosures in February 2013.

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Housing risk rising as more loans don’t meet QM on DTI The former has to do with underwriting standards, while the latter has more to do with risk retention. Think of the qualified residential mortgage (QRM) as an extension of the qualified mortgage (QM). Borrowers should be most concerned with the definition of QM, since it will affect their ability to qualify for a home loan.

U.S. single-family home prices fell for a fourth straight month in October pressured by a supply glut, home foreclosures and high unemployment, data from a closely watched survey showed on Tuesday.

April local pending home sales up for the 20th straight month April’s new approved contracts for existing home sales were barely better than March, but it was enough to set another record, according to the Northeast Tennessee Association of Realtors (NETAR).

How to Buy a Foreclosure Home to live in - [HUD or Traditional] Foreclosures fall for 8th straight month – money.cnn.com – Foreclosures fall for 8th straight month. (CNNMoney) — Foreclosure filings experienced their eighth straight month of declines, according to RealtyTrac.. down 3.8% from April and 29% year.

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Obama scorecard shows home equity highest since 3Q 2008 2017 HW Vanguard: Tawn Kelley Bank of America shifts West Coast foreclosures into overdrive The foreclosure. into the state is projected to total 679,000 over the next five years. Only Nevada is expected to enjoy a faster migration rate. Companies and workers are also finding their way to.Since 2008, PSCU has supported the Credit Union cherry blossom ten mile run®, a signature event that boosts visibility and awareness of credit unions. PSCU Helps Drive More Than $8 Million in Total Donations as Co-Lead Sponsor of Credit Union Cherry Blossom Ten Mile Run®