Zombie foreclosures down 43% in third quarter from last year

Mortgage rates are up about a percentage point from last year. such as third party purchases at foreclosure auction and bulk transactions between investors. Tulsa, Okla. Existing home prices in.

Vacant ‘Zombie’ Foreclosures Down 43 Percent in Q3 2015 Compared to a Year Ago. were vacant "zombie" homes as of the end of the third quarter of 2015, down 27 percent from the previous quarter.

Each state also includes the change in foreclosure activity from the third quarter last year and the total number of properties involved in foreclosure. Check it out below from lowest foreclosure.

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The number of properties in the United States with a foreclosure filing increased by 4% in the first quarter of 2018 but they are still down 19% from a year ago and 32% below pre-recession rates, the latest data shows. The report from real estate firm attom Data Solutions also shows that numbers increased by [.]

> Non-foreclosure short sales accelerated toward the end of the year, with the fourth quarter total the highest quarterly total of the year and up 17 percent from the fourth quarter of 2011. > In the fourth quarter of 2012, a total of 219,084 U.S. properties in some stage of foreclosure or bank-owned sold nationwide, down 10 percent from the.

On the bright side, since last year, foreclosure rates have fallen. 907 days on average for home to be foreclosed, the third longest process in the country. Like many of the states with the most.

Nearly two-thirds of Americans sense double-dip recession Another Recession Would Ruin Two-Thirds of Americans, Survey Finds. America’s worst economic downturn since the Great Depression officially ended about eight years ago. Despite nearly a decade of economic recovery, however, a recent GOBankingRates survey found most Americans today are woefully unprepared for the next recession. On average,

There were 20,050 zombie foreclosures nationwide at the end of the 3rd quarter of 2015, which is 43% lower than the same period in 2014.

Automobile lending reached its highest level ever at the end of the third quarter while showing few signs of credit weakness, according to a recent Experian. average daily spending by consumers in October totaled among the highest amounts this year and more than reports for October dating.

Colorado AG indicts family for mortgage-fraud scheme DENVER-The Colorado Attorney General’s Office announced that the statewide grand jury has issued a 37-count indictment against six family members for using their status in the real estate industry to perpetrate a fraud-for-profit mortgage fraud scheme. The family is accused of manipulating "straw buyers" to buy and sell properties destined for foreclosure.

Zombie foreclosures down 43% annually in 3Q October 13, 2015 IRVINE, Calif. (10/13/15)–Zombie foreclosures plummeted in the third quarter, both on a quarterly and year-over-year basis, according to the Irvine, Calif.-based RealtyTrac.

Freddie Mac Pushes Out Foreclosure Timelines  · The Community Reinvestment Act with its implicit (now explicit) government guarantee to lenders that Fannie Mae and Freddie Mac would provide liquidity for their mortgage loans created a virtually risk-free investment with an artificially high return. This caused two problems.DOJ charges hundreds in mortgage rescue scams Last summer, the Boston-based National Consumer Law Center released a report on mortgage foreclosure rescue scams. It found one crooked real estate investor in California had duped at least 1,800 homeowners. The center’s Steve Tripoli, a fraud investigator, says they found crooked real estate investors operating coast to coast.

 · Other factors have also worked to stall the pace of new foreclosures this year.. the total was still down 27 percent versus the third quarter last year, RealtyTrac said.