Bank repossessions up 66% in third quarter from 3Q14

Repossessions spike 66 percent 1:00 PM ET Thu, 15 Oct 2015 Bank repossessions soared 66 percent in the third quarter and it could have a ripple effect in housing, reports CNBC’s Diana Olick.

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Bank repossessions, the final stage of the foreclosure process, jumped 66 percent year over year in the third quarter of this year, according to RealtyTrac, a foreclosure sales and analytics company. It’s the largest annual rise ever recorded in bank repossessions by RealtyTrac. More than 123,000 homes went back to the bank in just three months.

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Bank repossessions, the final stage of the foreclosure process, jumped 66 percent year over year in the third quarter of this year, according to RealtyTrac, a foreclosure sales and analytics company. It’s the largest annual rise ever recorded in bank repossessions by RealtyTrac.

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The best U.S. cities for house flipping To determine the 10 best cities for home flipping, 24/7 wall st. reviewed return on investment figures from RealtyTrac. These figures are based on the pre-flip and post-flip average price for.

Bladex’s third quarter 2015 Net Income [ (1)] totaled $33.6 million (+66% QoQ; +26% YoY), driven by increased Business Net Income [ (2)] from the Bank’s core intermediation and fee generating.

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Third quarter 2015 net income was up $30 million from second quarter 2015 net income of. 4% total revenue growth and a 1% increase in noninterest expense, improving our efficiency ratio to 66% from 68%. Third Quarter 2015 vs.. checking households up 2% from 3Q14 with new client cross.

9M14 9M15 3Q14 3Q15 14.3% 12.6% 13.1% 11.2% Core net profit up 7% YoY to S$902m, driven by a 25% increase in earnings from banking operations 3Q15 Highlights 3 Net interest income rose 6% YoY on asset growth. Net interest margin 2bps lower YoY and relatively unchanged QoQ at 1.66% Fees and commissions stable YoY; trading income up 73% YoY

Bank repossessions up 66% in third quarter from 3Q14 Frances Posted in Mortgage Brokers Contents Purchased performing loans Diluted common share Year. foreclosure starts Leelaventure reported 8.58 percent Whether the stocks are overvalued or still have room to soar, here’s TheStreet’s list of the 10 best bank. third-quarter provision.