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Despite Improvements, Foreclosures Still Double Pre-Crisis Pace

by devteam June 10th, 2015

It continues to be clear that the foreclosure crisis is winding down while ongoing elevated levels of mortgage distress mean it could be a long time before it actually ends. CoreLogic's April 2015 National Foreclosure Report shows dramatic year-over-year

Rising Income, Employment Lift Consumer Housing Outlook

by devteam June 9th, 2015

The recent improved employment statistics which included an acceleration in average hourly earnings and a reported increase in personal income (a March to April bump of 0.4 percent) were reflected in Fannie Mae's May National Housing Survey. The share

REO Sales Share Below One-Third of Peak

by devteam June 9th, 2015

The percentage of total home sales coming from distressed inventories continues to drop. CoreLogic said on Monday that short sales and sales of owned real estate (REO) fell 3.2 percentage points from March 2014 to March 2015 and were down 1.9 percent

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