Tag Archives: Notice of Default

Foreclosures Increased in Most Metro Areas

Posted on July 29, 2010 by HS

Though we aren’t seeing as many homes actually getting foreclosed, the number of foreclosure notices sent out continues to grow. Continue reading →

Posted in Best Of The Storm, Everything About Foreclosures, Real Estate Data, What You Need To Know About Buying and Selling Real Estate | Tagged Foreclosures, Notice of Default | Leave a comment

Bay Area Mortgage Limbo

Posted on July 26, 2010 by Greg Fielding

The Contra Costa Times’ figure of 40,283 delinquent homeowners doesn’t mean that all of these people will lose their homes. But if you are a Bay Area homeowner who is falling behind, you can take some comfort from the fact that many of your neighbors are in the exact same situation. Continue reading →

Posted in Best Of The Storm, Data, Data, and More Data, Everything About Foreclosures, Home Economics, Investing, Social Mood Swings, What You Need To Know About Buying and Selling Real Estate | Tagged Foreclosures, Home Prices, homeowers, Mortgage Delinquency Rates, Notice of Default, Shadow Inventory, Strategic Defaults | Leave a comment

Forget the Drop in NODs. California Foreclosures are Soaring

Posted on July 22, 2010 by doctorhb

So what if you stop paying on a $500,000 loan even though the home is valued at $250,000? The bank still pretends the loan is valued at that level and this is where the gigantic gap appears… Continue reading →

Posted in Banking and Finance, Best Of The Storm, Everything About Foreclosures, Fresh Perspectives, Real Estate Data | Tagged Foreclosures, Home Prices, Notice of Default, Notice of Trustee Sale | 1 Comment

California’s Q2 Foreclosure Starts Collapse

Posted on July 22, 2010 by Greg Fielding

The fact that NOD’s are plunging implies that, even by the start of 2011, we still won’t see an increase of foreclosures for sale. The banks and government are committed to extend-and-pretend policies and I wonder how long they can keep it up. It’s already been 23 months… Continue reading →

Posted in Banking and Finance, Best Of The Storm, Data, Data, and More Data, Everything About Foreclosures, Fresh Perspectives, Home Economics | Tagged Extend and Pretend, Foreclosures, Notice of Default, Notice of Trustee Sale, Shadow Inventory | 3 Comments

California Foreclosures Plummet in June

Posted on July 13, 2010 by HS

Notice the drop in properties sold back to the bank. This number of completed foreclosures was only briefly lower last Spring, right as HAMP was being introduced. Continue reading →

Posted in Best Of The Storm, Foreclosures, Home Economics, Industry & Technology | Tagged Foreclosures, Notice of Default, Notice of Trustee Sale | 1 Comment