CoreLogic: 5.1M properties remain in negative equity in Q3 2014

Irvine, Ca-based CoreLogic. in Q3 2015. On a year-over-year basis, the value of negative equity declined overall from $348 billion in Q4 2014, representing a decrease of 10.7 percent in 12 months..

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The briefing, which featured MBA’s Vice President of Research Mike Fratantoni, drew approximately 100 Congressional staff and other stakeholders and allowed us to once again demonstrate the negative ..

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The CoreLogic analysis also indicates approximately 172,000 U.S. homes slipped into negative equity in the fourth quarter of 2014 from the third quarter 2014, increasing the total number of mortgaged residential properties with negative equity to 5.4 million, or 10.8 percent of all mortgaged properties. This compares to 5.2 million homes, or 10.4 percent, that were reported with negative equity in Q3.

For 2014, the MBA/STRATMOR PGR Retail margin averaged 50 basis. Obviously, therefore, a significantly above average jumbo share is generally a negative. "Model match and cultural compatibility are.

Another 1.6 percent of residential properties were in near negative equity, or those with LTV ratios between 95 and 100, as of the end of Q3, according to CoreLogic. According to Urban Institute,

Hispanic households grow, accounting for more than half of new homeowners Hispanic households accounted for 75 percent of net growth in. – According to the 2016 State of Hispanic Homeownership Report, last year, more than 7 million hispanic households were homeowners, an increase of 209,000 from 2015, and representing 74.9 percent of net growth of homeownership. The increase in homebuying also led to an increase in Hispanic homeownership rate, which rose from 45.6 percent to 46 percent, while the overall homeownership rate decreased to 63.4 percent.CFPB leader not backing down on lending discrimination cases An Uncertain Future For Fair Lending Enforcement At CFPB – [2] Under the bureau’s new leadership. general information purposes and is not intended to be and should not be taken as legal advice. [1].

Like-for-like sales have improved from -13.0% in Q3 to -7.4% in Q4 further progressing to -4.5% in the first 10 weeks of the FY2018 · Improvement in sales driven by customer numbers, which have built.

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CoreLogic said, in its monthly negative equity report, that there are now approximately 46.3 million homes in the black and the dollar value of held by all homeowners increased by $741 billion.

Fully extinguished second liens under HAMP hard to come by MBA: Jumbo loans drive mortgage credit availability Mortgage credit availability increased in April, rising 2.15% compared with March to a score of 186.0 on the Mortgage Bankers Association’s (MBA) mortgage credit availability index (mcai). Credit availability for conventional loans increased 4.3%, compared with March, while credit availability for government loans was unchanged.