Search Rancho Santa Fe’s Short Sales and Foreclosures Joy Bender knows the intricacies of the luxury real estate market in Rancho Santa Fe’s most premier neighborhoods while offering an unparalleled degree of personalized attention to her discerning clientele. She specializes in highly confidential representation of both buyers and sellers who lead a demanding lifestyle. With… Read More
Wells Fargo Chase Foreclosures
January 24, 2012 By Leave a Comment
Search San Diego County Foreclosures & Short Sales Wells Fargo and Chase are expediting foreclosures by 100 days in the 3rd quarter of 2011. “Servicers completed their robo-signing reviews and are no longer holding up foreclosure sales, which is clearing out their pipelines somewhat,” according to the Moody’s report. “Chase and Wells decreased their foreclosure… Read More
California Foreclosure Activity
December 15, 2011 By Leave a Comment
Search San Diego County Foreclosures & Short Sales Joy Bender knows the intricacies of the luxury real estate market of San Diego and it’s most premier neighborhoods while offering an unparalleled degree of personalized attention to her discerning clientele. She specializes in highly confidential representation of both buyers and sellers who lead a demanding lifestyle…. Read More
How Many Days Before Foreclosure?
November 2, 2011 By Leave a Comment
Loans in foreclosure have been delinquent an average of 624 days — a record high, according to Lender Processing Services’ September report. The time loans spend in foreclosure continues to increase. For example, 40 percent of home owners with loans in foreclosure have failed to make a payment within two years, and 72 percent of… Read More
Foreclosure Filings Down, However New Default Notices Up 14%
October 14, 2011 By Leave a Comment
Realty Trac reports foreclosure filings dropped from August to September 6% which is a 38% decline from September 2010. “While foreclosure activity in September and the third quarter continued to register well below levels from a year ago, there is evidence that this temporary downward trend is about to change direction, with foreclosure activity slowly… Read More
Bank Foreclosure In San Diego
September 27, 2011 By Leave a Comment
A Fed Official John Walsh, of the Comptroller of the Currency, said 14 major banks will be reaching out to borrowers who may have been wrongly foreclosed upon and are fixing their foreclosure protocols over the next year. 4.5 million foreclosures from 2009 and 2010 are being looked at by independent consultant. In this process… Read More
San Diego Foreclosure Defaults Biggest Monthly Gain In 4 Years
September 16, 2011 By Leave a Comment
Search San Diego County Foreclosures & Short Sales Banks took major action against home owners who have fallen behind on their mortgage payments in Orange County. The number of U.S. homeowners that received an initial notice of default rose 33% in August from July, the biggest gain in 4 years. This could be the beginning… Read More
La Jolla Million Dollar Luxury Home Foreclosures
September 7, 2011 By Leave a Comment
Realty Trac reports that the amount of foreclosures with mortgages over $1 million are over twice as high today as they were in 2007. This represents around 2.3% of all homes in foreclosure. “We’re seeing evidence in our data that the high-end market is starting to get hit more,” says Daren Blomquist of RealtyTrac.com. “I… Read More
Average Loan in Foreclosure Is Delinquent for Record 599 Days
September 3, 2011 By Leave a Comment
Foreclosure timelines continue their steady upward trend, as a payment has not been made on the average loan in foreclosure in a record 599 days reported by LPS Mortgage Monitor. Of the nearly 1.9 million loans that are 90 or more days delinquent but not yet in foreclosure, 42 percent have not made a payment… Read More
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