· RealtyTrac says the average time to sell foreclosures also hit a record high in the third quarter. Properties in the foreclosure process that sold during the third quarter (usually short sales) took an average of 318 days to sell after entering the foreclosure process, up.
By comparison, Dauphin County was No. 6 in the commonwealth with 396 filings, or 1 in every 303 housing units, according to RealtyTrac. The county’s foreclosure rate was up 11 percent from the.
Fixed mortgage rates hold steady as political, economic concerns fester China does not have a floating exchange rate that is determined by market forces, as is the case with most advanced economies. Instead it pegs its currency, the yuan (or renminbi), to the U.S. dollar. The yuan was pegged to the greenback at 8.28 to the dollar for more than a decade starting in 1994.
U.S. foreclosure filings rose 7 percent in October to a seven-month high as lenders started to speed up action against delinquent borrowers after a yearlong review into documentation, according to.
The 203 filings were the fewest recorded in a month since October 2008 – 27 months ago. Nationally, foreclosure filings were down 17 percent from January 2010, according to RealtyTrac, which.
San Joaquin County foreclosure filings rose in November, up 40 percent from activity in October and a smaller 3.2 percent rise compared to November 2013, RealtyTrac Inc. reported today. The.
Bank of America dissolves Merrill Lynch unit unemployment rate improves across nation economics vocab – chapter 12 & 13. STUDY. PLAY.. unemployment that rises during economic downturns and falls when the economy improves. unemployment rate. the percentage of the nation’s labor force that is unemployed. full employment. the level of employment reached when there is no cyclical unemployment.Bank of America said Monday that it will no longer use the Merrill Lynch name for its investment banking and trading divisions. Instead, these businesses will form a unit called bofa Securities. The.
· There were 180,427 foreclosure filings reported for September, the fewest since July 2007 in the midst the housing market bust. The number of homes entering the foreclosure process, so-called foreclosure starts, fell to 87,066 in September, down 12 percent.
U.S. home foreclosures in November declined 10 percent from October, but rose 68 percent from November 2006, as adjustable-rate mortgages left subprime borrowers unable to meet higher payments,
· According to a market report from RealtyTrac, foreclosure filings – default notices, scheduled auctions and bank repossessions – were up annually in 11 large metros, with eight of these.
Bank of America reaches multi-billion dollar deal with Fannie Mae Read more about Bank of America reaches $11.6-bn settlement with Fannie Mae on Business Standard. Bank of America on Monday announced roughly $11.6 billion of settlements with mortgage finance company Fannie Mae and a $1.8 billion sale of collection rights on home loans, in a series of deals meant to help the bank move past its disastrous 2008
As government and industry scramble to reverse the tide of foreclosures, filings jumped 25% in October. A total of 936,439 homes have been lost to foreclosure since the housing crisis hit in August, 2007. Foreclosures hit a record high in August when 304,000 homes were in default and 91,000 families lost their houses.
Bradenton Foreclosure Filings Up 55 Percent in June. bradenton.patch.comJuly 12, 2013. By Linda Hersey. Here is a closer look at foreclosure filings for Bradenton, courtesy RealtyTrac. Foreclosure filings for Bradenton were up a whopping 55 percent in June, compared to May. That’s the bad news.
October Foreclosures Up 3% – RealtyTrac. November 15, 2012 7:03 am EDT. Print Email. Tweet. A total of 186,455 foreclosures filings were made in the United States during the month of October.