Late mortgages down, super prime lending leaps (11/18/2015)
TransUnion report: Fla.’s mortgage delinquency rate tumbled to 3.75% in 3Q 2015 from 6.42% in 3Q 2014 – the biggest drop of any state.
New Fla. foreclosure starts increase 13% in Oct. (11/12/2015)
RealtyTrac: The total number of Fla. homes within the foreclosure process rose 8% for Oct. but they fell 23% year-to-year. The state gained 113% more REOs than No. 2 Calif.
Fewer Fla. homeowners seriously underwater in 3Q (10/22/2015)
While the number of owners with a loan-to-value ratio greater than 125% declined almost 5% percentage points year-to-year, Fla. still ranks No. 2 in the U.S.
Fla.’s foreclosures down 17% in 3rd quarter (10/15/2015)
It’s the second highest U.S. rate: Foreclosure starts dropped 28% year-to-year and auctions sank 46% – but the number of bank-owned properties rose by a third.
RealtyTrac: Fla.’s Aug. foreclosure starts drop 40% (9/17/2015)
Fla. isn’t the top foreclosure state anymore: It’s No. 4. While bank repossessions rose 23%, overall foreclosure activity hasn’t been this low since April 2007.
Fannie, Freddie extend their foreclosure deadlines (9/9/2015)
The mortgage giants once gave Fla. lenders 810 days to complete a foreclosure, but it will soon be 930 days. In Oregon, lenders now have an additional 480 days.
Will an uptick in REO and short sales re-emerge? (9/2/2015)
A Clear Capital report says “distressed sales continue to be a critical market indicator,” and global and stock market unease could lead to a REO increase.
Fla. foreclosures up in July after 10-month decline (8/20/2015)
RealtyTrac: The number of Fla. homes entering foreclosure rose 16%, and 8 cities ranked in the top 10 for foreclosure rates, including No. 1 Jacksonville.
4 Fla. cities tops for seriously underwater homes (7/30/2015)
RealtyTrac: 13.3% of U.S. homeowners with a mortgage in 2Q owed at least 25% more than their property’s worth – but that percentage continues to drop.
Fla. foreclosure starts lower than they were in 2006 (7/16/2015)
RealtyTrac: Crisis over? Banks continued to repossess Fla. homes in the first half of 2015, but the number of first-time foreclosure notices hit a 10-year low.
CoreLogic: 3 Fla. cities still in foreclosure crisis (7/14/2015)
In the Miami, Orlando and Tampa metro areas, almost one in four transactions is a distressed sale – but overall U.S. foreclosure numbers continue to improve.
Some states may have to return misused housing money (6/22/2015)
Many states received money from a lawsuit over toxic mortgages, but not all used it for housing needs. As a result, a court ordered Calif. to return $331M.
Fla.: Dramatic improvement in zombie foreclosures (6/11/2015)
While the state still ranks near the top of RealtyTrac’s list for empty foreclosed homes, the percent dropped 43% year-to-year in the second quarter.