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News stories about Distressed properties

Jan 18, 2019  14:50 ET
CoreLogic: 2018 was another year of catastrophe
From wildfires in California to massive flooding in the Carolinas, 2018 was another year of horrific, catastrophic natural disasters. CoreLogic released a report this past week breaking down the ...
Jun 13, 2018  12:20 ET
Loan delinquencies hit 11-year low
The overall loan delinquency rate fell to the lowest level in 11 years in March despite an uptick in seriously delinquent properties in hurricane-affected states, CoreLogic reported. The...
Mar 13, 2017  11:45 ET
Home flipping has best year in a decade
Home flippers were busy last year buying, rehabbing and quickly re-selling properties. Home flipping has been steadily increasing as a business since hitting bottom in 2010, but today’s market shou...
Dec 8, 2016  11:15 ET
Home flipping cools in third quarter
Home flipping activity fell off in the third quarter, Attom Data Solutions reported. There were 45,718 single-family homes and condominiums flipped in the third quarter, defined as a pro...
Nov 8, 2016  8:40 ET
Foreclosure activity continues downward slope
Foreclosure activity ticked up slightly this past September, compared with the prior month, but over the longer term the major foreclosure metrics have continued on a downward course, with a significa...
Oct 17, 2016  13:30 ET
Declining foreclosures point to normal market
Home foreclosures continued to decline in the third quarter to levels not seen for more than a decade. That’s nothing new. Over the past two years, numerous studies have pointed to a declining number...
Sep 13, 2016  9:50 ET
Foreclosures drop sharply in July
Home foreclosures and delinquencies continued to decline steeply through July, CoreLogic reported. Completed foreclosures totaled 34,000 in July, down nearly 17 percent compared to July...
Jul 1, 2016  12:30 ET
HUD upgrades its distressed-asset program
The U.S. Department of Housing and Urban Development (HUD) announced “significant improvements” to its Distressed Asset Stabilization Program (DASP) in an effort to protect delinquent homeow...
Jun 30, 2016  18:05 ET
New laws look to combat 'zombie' foreclosures
Faced with ongoing community blight caused by properties abandoned under threat of foreclosure, two states this past week passed laws intended to deal with the problem of these so-called zom...
Apr 14, 2016  15:50 ET
FHFA rolls out principal-reduction program
The federal agency that oversees government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac rolled out a program on Thursday that will allow some struggling homeowners to seek a reduction on ...
Oct 14, 2015  14:50 ET
Banks feeling the most pain in clearing out foreclosure pipeline
Large bank servicers have paid a bigger toll than nonbanks in the cleanup of bubble-era loans stuck in the foreclosure process, according to Moody’s Investors Service. Bank servicers hav...
Sep 8, 2015  9:35 ET
Foreclosures decline sharply in July
Foreclosure numbers dropped sharply again in July, according to CoreLogic.   Completed foreclosure were down 24.4 percent compared to a year ago, and the inventory of homes in some sta...
Aug 11, 2015  10:10 ET
Foreclosures continue steady decline in June
The foreclosure rate has fallen to the lowest point in nearly eight years, CoreLogic reported Tuesday, as the numbers of distressed properties continued to decline steadily in June. The ...

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