Silver Bay Realty records 4% growth, but reports loss of $44.9 million Silver Bay Realty Trust Corp. (NYSE:SBY – Free Report ) is an internally managed real estate investment trust. The company is focused on the acquisition, renovation, leasing and management of single-family properties in certain markets in the United states. silver bay realty trust has a Zacks Rank #1.FHFA extends G-fee input deadline FHFA Extends deadline for G-Fee Input to Sept 8 . The Federal housing finance agency (fhfa) has extended the deadline for receiving comments on its guarantee fees (g-fees) that Fannie Mae and Freddie Mac charge lenders. For further information on this proposal see the June 11, 2014 issue of The Pulse and the FHFA press release extending the comment deadline.
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 from August and 15 percent from a year earlier.
“Thanks to a 50-year low in unemployment. The data in this report represents foreclosure and delinquency activity reported.
California Foreclosure Statistics: The Crisis is Not Over April 2012. Although California foreclosure activity has moved beyond the peak levels of 2009, it. of an unexpected expense or hit to their income.16
MBA: Lenders need to cooperate with Congress A judge has ordered the small Chicago-based auditor of a Bridgeport bank to turn over to federal bank regulators work documents pertaining to the institution, which failed suddenly in late 2017.
Some of the highest gains were in several hurricane-ravaged parts of the Southeast (in Florida, Georgia and North Carolina), and in Northern California’s Chico. Nationwide Foreclosure Activity Down.
Moreover, November included a 71-month low in foreclosure. Nine states hit 12-month highs in foreclosure activity in the month, RealtyTrac said. The highest foreclosure rate in the country was in.
SACRAMENTO (CBS/AP) – A research firm says California home foreclosure activity neared a seven-year low during the third quarter as rising prices left fewer homeowners in trouble.
2009 Mortgage Fraud Report “Year in Review”. For example, suspicious activity reports (SARs) are cataloged according to the year in which they are. inventory, lower housing prices, and an increase in defaults and foreclosures dominated the. 6. Reno-Sparks, NV. 44.1. 7. Valleho-Fairfield, CA. 54.2. 8. Bakersfield, CA.
California Mortgage Defaults Hit 15 Year High, Foreclosures Surge to 20 Year High. mortgage defaults in California rose to the highest level in more than 15 years during the fourth quarter, "Foreclosure activity is closely tied to a decline in home values.
foreclosure matters that are causing legal aid caseloads to skyrocket; as more and more.. 7 Adam Curtis, “Ax Hits Legal Aid, Often Last Hope,” Arizona Daily Star (May 4, LSC Updates, “IOLTA Roller Coaster Crashes in California,” (Mar. 6, (the fourth straight year that aid to programs in the county was reduced), LSC-.
Retail home sale prices 88% higher than California REO CFPB fines real estate firm over RESPA violations CFPB Fines Realty Firm $500K Over RESPA Disclosures.. On May 28, the CFPB ordered the largest real estate company in Alabama to pay a $500,000 civil penalty to settle claims that the company provided inadequate disclosures of its relationship with an affiliated title insurance company. The.
After the foreclosure crisis, scores of new renters needed houses.. Across California over the same period, the number of single-family rentals rose 25 percent.. But the boom in rental properties has taken thousands of low-end houses. homes in each city, in each year, that are used as long-term rentals.
The number of California homeowners going into foreclosure hit the lowest level in seven years during the second quarter, but was higher than expected given the state’s strong economy, a real.