Monthly Archives: January 2019

EXPERIAN: LOAN DEFAULT RATES ROSE IN DEC

S&P Dow Jones Indices and Experian released data through December of 2018 on Tuesday (Jan. 15) that showed default rates across all loan types increased from November. According to the S&P Dow Jones Indices and Experian, December of 2018 marked … Continue reading

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The mortgage industry isn’t ready for a foreclosure crisis created by climate change

The threat to real estate from increasingly extreme weather brought on by climate change is clear, but the threat to the nation’s mortgage market is only beginning to come into focus. In Hurricane Harvey’s federally declared disaster areas, 80 percent … Continue reading

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The Foreclosure Process Explained in 4 Simple Steps

By Jeanne Sager | Aug 21, 2017 The foreclosure process isn’t something any homeowner wants to go through. And yet, the Mortgage Bankers Association estimates that 250,000 new families enter into foreclosure every three months in America. So how does a foreclosure work? Does … Continue reading

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What Is Pre-Foreclosure and When Will Your House Be Repossessed?

By Jeanne Sager | Nov 27, 2017 Don’t let the “pre” part of “pre-foreclosure” fool you: Pre-foreclosure is serious. While your house won’t be taken from you during pre-foreclosure, it’s the first step in the whole foreclosure process, which notifies homeowners their property is in danger of getting repossessed. … Continue reading

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S&P Dow Jones Indices and Experian released data through December of 2018 on Tuesday (Jan. 15) that showed default rates across all loan types increased from November.

According to the S&P Dow Jones Indices and Experian, December of 2018 marked the first time since January of 2017 that all loan types and all metropolitan statistical areas saw an increase in sequential default rates. “Consumer credit default rates … Continue reading

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