TITLE

Full Disclosure: A Tale of Two Processes

AUTHOR(S)
Blecher, Herb
PUB. DATE
October 2011
SOURCE
Mortgage Banking;Oct2011, Vol. 72 Issue 1, p26
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article focuses on the foreclosure inventories of loans in California. It says that completing the foreclosure process varies from state to state which affects the regional housing markets. It mentions the factors which inflated the rates of delinquency such as delays due to loan evaluation and ensuring proper documentation. Furthermore, the foreclosure process reviews caused foreclosure sales to drop across U.S. states which resulted in an overhang of distressed properties.
ACCESSION #
67062154

 

Related Articles

  • Addressing the Foreclosure Backlog. Berliner, Bill // Mortgage Servicing News;Nov2011, Vol. 15 Issue 11, p33 

    The article reports on the efforts to deal with the backlog of foreclosure in the U.S. housing and lending market.

  • Effectively Addressing the Foreclosure Backlog. Berliner, Bill // National Mortgage News;9/19/2011, Vol. 35 Issue 50, p14 

    In this article, the author discusses ways on how to address foreclosure backlog in the mortgage industry in the U.S. The author talks about the role of a weakened housing market in decreasing the consumer confidence and the inability for a robust rebound. He also shares a proposed alternative...

  • Borrower Defaults Eclipsed By Robo-Signing Flap. Barrett, Melissa; Negroni, Andrea Lee // National Mortgage News;10/18/2010, Vol. 35 Issue 5, p4 

    The article focuses on the authors' insights on the foreclosure of legal documents executed by "robo-signers" in the U.S. They state that robo-signers are employees assigned for the foreclosing plaintiffs who do not verify contents and executed affidavits without notary public present. They note...

  • Housing Market May Trending Up, But So Are Foreclosure Rates.  // Economic Opportunity Report;2009, Vol. 44 Issue 12, p27 

    The article reports that the U.S. housing market is showing some signs of growth but the foreclosure rates are also increasing.

  • Shadow Supply. Berry, Kate // American Banker;3/31/2011, Vol. 176 Issue 50, p11 

    The article reports on the U.S. housing market as of January 2011, focusing on the number of foreclosed homes, and homes in danger of foreclosure, which had yet to be put on the market.

  • Process Bottlenecks. Berry, Kate // American Banker;3/31/2011, Vol. 176 Issue 50, p11 

    The article reports on the U.S. housing market as of January 2011, focusing on the number homes which were expected to go into foreclosure.

  • Distressed Share of Home Sales Dips. Muolo, Paul // American Banker;8/26/2011, Vol. 176 Issue F333, p4 

    The article notes repossessed homes or those in foreclosure accounted for 31 percent of U.S. home sales in second-quarter 2011.

  • Is the Disease Being Treated or Just the Symptoms? Jadlos, Ted; Berg, Steve // Mortgage Banking;Oct2009, Vol. 70 Issue 1, p26 

    The article presents an analysis on delinquency roll rates that differentiate various incremental stages of severe delinquency to demonstrate loans inventory that are not yet in foreclosure in the U.S. It stresses the need to improve the mortgage market by interpreting and applying mortgage...

  • Foreclosures Continue at Record Pace.  // Point for Credit Union Research & Advice;8/1/2009, p1 

    The article reports an increase in foreclosure filings in the U.S. to a record for the third time in five months in July 2009. The factors which contributed to the trend were falling home prices and the recession, which left homeowners unable to keep up payments or refinance. According to...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics