Year over year, negative equity decreased 22 percent from 3.2 million homes, or 6.3 percent of all mortgaged properties, from Q3 2016 to Q3 2017. "Homeowner equity increased by almost $871 billion over the last 12 months, the largest increase in more than three years," said dr. frank nothaft, chief economist for CoreLogic.
CoreLogic: 5.1M properties remain in negative equity in Q3 2014 The cure to zombie foreclosures 2018 HW tech100 winner: street resource group zombie foreclosure is a situation that occurs when a home is left vacant by homeowners who incorrectly believe they have to immediately move out after receiving a foreclosure notice, thinking that.
FHA Chief: Hits From Down-Payment Assistance Threaten Agency’s Future Hear how several HFAs have structured, funded, and targeted down payment assistance programs to better serve their constituents. Get a briefing from the Urban Institute on its latest research of barriers to consumer awareness of down payment assistance programs. Consider how to better educate homebuyers about your down payment assistance products.
CoreLogic released. and economic growth in 2014 as more homeowners escape the negative equity trap,” said Anand Nallathambi, president and CEO of CoreLogic. “Home price appreciation has helped more.
Year over year, negative equity decreased 22 percent from 3.2 million homes, or 6.3 percent of all mortgaged properties, from Q3 2016 to Q3 2017. "Homeowner equity increased by almost $871 billion over the last 12 months, the largest increase in more than three years," said Dr. Frank Nothaft, chief economist for CoreLogic.
CoreLogic has released new analysis showing nearly 273,000 U.S. homes returned to positive equity in the third quarter of 2014, bringing the total number of mortgaged residential properties with equity to approximately 44.6 million, or 90 percent of all mortgaged properties.
About 43% of Americans expect home prices to rise For the bulk of Americans, however, that means owning a home. And those have a tendency to rise over time, even during periods when home values don’t follow suit. There’s also maintenance and.LPS: 7.12% of U.S. loans are delinquent The U.S. delinquency rate registered a 7.7% increase in September, according to new data from Jacksonville, Fla.-based Lender Processing Services (LPS). LPS adds that newly available origination data provides insight into the increase: After allowing a month for loan data to board, originations in August were found to be up 13.2% month-over-month and 42.1% year-over-year, [.]
CoreLogic: Atlanta Homeowners Have More Equity in Q3. by James McClister December 16, 2015. Year-over-year gains in national equity were in the double digits at the end of this year’s third quarter, as a healing economy helped keep home price appreciation positive and consistent, according to a new report from CoreLogic.
For the homes in negative equity status, the national aggregate value of negative equity was $309.5 billion at the end of Q2 2015, falling approximately $28.5 billion from $338 billion in Q1 2015.
In a statement accompanying the report, CoreLogic Chief Economist Frank Nothaft attributed the lift in equity to the year’s strong home price appreciation, and pointed to the shrinking share of under-equitied mortgages indicating an uptick in home equity loans. "In Q3 2015 there were 37.5 million borrowers with at least 20 percent equity, up 7 percent from 35 million in Q3 2014," Nothaft said.
The Equity Report provides a quarterly overview of the distribution of equity across all U.S. single-family residential properties with a mortgage. In addition to the comprehensive national snapshot, the report includes details for all states and the 25 largest metro areas.