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CHARLENE CROWELL | NNPA | “With the annual holiday season approaching, many across the country will soon be celebrating with families and loved ones. Many such gatherings will toast the season and its blessings. But for families still troubled by delinquent mortgages and foreclosures, this time of year has another meaning. These consumers are wonderingRead more

Prashant Gopal | Bloomberg | “The share of U.S. mortgages that are seriously delinquent fell to a five-year low as job gains help borrowers keep up on payments while rising home prices enable others to sell. The percentage of home loans that were more than 90 days behind or in the foreclosure process fell to 5.65 percent in theRead more

Reuters | “There were 51,000 completed foreclosures last month, down from 84,000 in September, 2012. Foreclosures are completed when a home is either seized by the lender or sold at auction. There were also 51,000 foreclosures in August. Between 2000 and 2006 and before the housing market’s downturn in 2007, completed foreclosures averaged 21,000 perRead more

JUNE FLETCHER | Scripps Howard News Service | “Steven and Janet Sparker never planned to leave the house they purchased in 2006 in Golden Gate Estates in the southwest section of Florida. But when Janet, 57, lost her six-figure job, and the home’s value fell by more than half from the $585,000 they had paidRead more

Charles Billi | WTSP | “Thanks to new flood insurance legislation, the watch word in real estate is “panic.” Panic if you’re a real estate investor, agent, buyer or seller- thanks to skyrocketing premiums. We’ve seen the Pinellas County meetings in the past few weeks packed with frightened residents. Now, more concern arises at an informationRead more

by MortgageOrb.com| “The national mortgage delinquency rate (loans 30 or more days past due, but not in foreclosure) increased 4.23% in September to reach 6.46% of all mortgages, according to Lender Processing Services’ (LPS) First Look Mortgage Report, which covers about 70% of the U.S. housing market. Still, the delinquency rate for September was down 12.63%Read more

Staff | Tampa Bay Business Journal | “Home flipping dropped in the third quarter of 2013 in Tampa Bay, a sign that there are fewer bargain basement properties on the market. Between July and September, 575 homes were flipped in the area, about 50 percent lower than the rate during the same time in 2012, the TampaRead more

Newsroom America Staff | “CoreLogic says there were 48,000 completed foreclosures in the U.S. in August of 2013, down from 72,000 in August 2012, a year-over-year decrease of 34 percent. On a month-over-month basis, completed foreclosures increased 1.3 percent, from 47,000 in July 2013. Overall residential shadow inventory, as of July 2013, was 1.9 millionRead more

Jann Swanson | Mortgage News Daily | “Foreclosure activity in September was up 2 percent from August, RealtyTrac said today, but the third quarter saw the lowest level of foreclosure related filings since the financial crisis began.  The company’s U.S. Foreclosure Market ReportTM covering the two periods showed 131,232 filings in September including default notices, scheduled auctions, and bank repossessions orRead more

Drew Harwell | Tampa Bay Times | “Florida is seeing fewer foreclosure filings, but so is everyone else, keeping the Sunshine State on top of the national heap for foreclosure rates, new data from research firm RealtyTrac show. About 70,000 statewide housing units saw a foreclosure filing in July, August and September, down 7 percentRead more