Foreclosure starts rise as moratoria in Texas and Florida end

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» While foreclosure starts rose slightly from Q3 to Q4, they remained relatively flat year-over-year as a result of moratoria in hurricane-impacted areas; elsewhere, starts were actually down 7% from Q4 2017 » First-time foreclosure starts also dropped 18% from last year, setting a new low since Black Knight began reporting the data in 2000

 · As a result, foreclosure starts rose sharply in January, hitting a 12-month high at 62,300 for the month; The population of loans in active foreclosure rose 6,000 month-over-month, marking only the second monthly rise in more than five years; JACKSONVILLE, Fla., Feb. 23, 2018 (globe newswire)- black Knight, Inc.

which revealed 2017 had the fewest number of foreclosure starts since 2000 (649,000), despite the negative impact Hurricanes Harvey, Irma and Maria had on areas such as Texas, Louisiana, Mississippi.

Erik and Renee Sundquist have won their eight year long battle with Bank of America illegally foreclosing on their home, reaching a $6M settlement. Oppenheim Law shares more here.

Foreclosures, Inventories Move Higher as Hurricane Moratorium Ends. As a result, foreclosure starts rose sharply in January, hitting a 12-month high at 62,300 for the month. This also caused a surge in the foreclosure inventory of 6,000 loans, only the second month-over-month increase in the last five years.

In future surveys, we may see a temporary drop in foreclosure starts in hurricane-impacted states due to storm-related foreclosure moratoria, as was seen during Hurricane Katrina in 2005. "It will likely take about three or four more quarters for the effects of the most recent hurricanes on the survey results to dissipate.

How to buy a house at the foreclosure auction Part 1 Delinquencies fall to lowest level since 2008: MBA. The foreclosure-start rate rose to 1.08% of all mortgages for one- to four-unit residential properties in the third quarter, up from 0.96% in the second quarter, yet down from 1.34% a year ago, according to the report.

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Changing the Rules: State Mortgage Foreclosure Moratoria During the Great Depression David C. Wheelock Many U.S. states imposed temporary moratoria on farm and nonfarm residential mortgage fore-closures during the Great Depression. This article describes the conditions that led some states to

2017 saw fewest foreclosure starts in nearly two decades.. (up 164,000 from 2016 year-end) in non-hurricane impacted areas, the national delinquency rate in those areas was 11 percent below.

"Storm-related foreclosure moratoria continue to play a large factor in keeping foreclosure starts at bay. delinquency rate in Texas on all loans dropped by 5 basis points to 7.33 percent in the.