Though the share of underwater borrowers has fallen for 20 straight quarters, data released today begs an interesting question. Could the days of decline be coming to a close?
Read More »Underwater Borrowers Gain More Options
The state of Nevada is bringing back a much-needed option for distressed mortgage borrowers. But will it stick around for good this time?
Read More »Borrowers are Getting Back Into the Black
The number of homeowners in negative equity dropped to its lowest level in a decade and the amount of available home equity rose to its highest level since before the recession.
Read More »Confusion Kills Confidence: Borrowers Underestimate Home Equity
Research done by Fannie Mae shows that although home prices continue to rise, many homeowners and borrowers alike continue to underestimate the amount of equity they have in their homes.
Read More »How Much Will Principal Reduction Affect Servicers?
FHFA Director Mel Watt last week announced a program offering principal reduction to help delinquent borrowers avoid foreclosure. Will the program affect servicers' bottom lines, and if so, how much?
Read More »Negative Equity Still Plagues Lower-Priced Homes
While negative equity rates have improved overall nationally, the recovery has been imbalanced when it comes to house prices and geography.
Read More »Underwater Mortgage Borrowers Struggle to Come Up For Air
Negative equity is down to 13.1 percent nationwide, but is still a nagging problem choking real growth and limiting new inventory, according to a new report by Zillow.
Read More »Here’s what Home Price Growth and Declining Negative Equity Mean for the Housing Market in 2016
The number of homes with equity has been on the rise while the number of homes with negative equity has been falling. What are the implications for the mortgage market and for the overall economy?
Read More »Share of Underwater Borrowers Drops to 8.7%; ‘Negative Equity Epidemic is Lifting’
The national aggregate value of negative equity at the end of Q2 was approximately $309.5 billion, which was a decline from $338 billion at the end of Q1 and from $350 billion year-over-year (11.6 percent), according to CoreLogic.
Read More »Negative Equity Rate Decline in Q2 Fueled by Appreciation in Least Valuable Homes
A lingering effect of the financial crisis nearly seven years later, the number of borrowers who owe more than their homes are worth in the United States totaled 15 million at their peak. That number has been reduced to slightly below half by many factors, including foreclosures, short sales, and rapidly rising home values.
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