Delinquency Rate Continues at 10-year Low

first_imgHome / Daily Dose / Delinquency Rate Continues at 10-year Low Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Share Save Governmental Measures Target Expanded Access to Affordable Housing 2 days ago in Daily Dose, Featured, Headlines, News Delinquency Rate Continues at 10-year Low Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago About Author: Nicole Casperson Nicole Casperson is the Associate Editor of DS News and MReport. She graduated from Texas Tech University where she received her M.A. in Mass Communications and her B.A. in Journalism. Casperson previously worked as a graduate teaching instructor at Texas Tech’s College of Media and Communications. Her thesis will be published by the International Communication Association this fall. To contact Casperson, e-mail: [email protected] October 10, 2017 1,386 Views The Week Ahead: Nearing the Forbearance Exit 2 days agocenter_img Related Articles Demand Propels Home Prices Upward 2 days ago HOUSING mortgage 2017-10-10 Nicole Casperson Previous: Treasury to Streamline Capital Markets Next: Deloitte Hack: Fannie and Freddie Not Affected Servicers Navigate the Post-Pandemic World 2 days ago On Tuesday, CoreLogic released its latest Loan Performance Insights report, representing data from national foreclosure and delinquency activity gathered through July 2017.According to the report, the share of mortgages that transitioned from current to 30-days past due was 0.9 percent in July 2017, down from 1.1 percent in July 2016. CoreLogic compares this to January of 2007 when “just before the start of the financial crisis, the current-to-30-day transition rate was 1.2 percent and peaked in November 2008 at 2 percent.”In addition, it is noted that 4.6 percent of mortgages were in some stage of delinquency in July 2017—a 0.9 percentage point year-over-year decline in the overall delinquency rate compared to last year.Meanwhile, the foreclosure inventory rate measuring the share of mortgages in some stage of the foreclosure process “was 0.7 percent and the lowest since the rate was also 0.7 percent in July 2007.” Likewise, the data discovered the serious delinquency rate remained near the 10-year low of 1.7 percent reached in July 2007.According to Dr. Frank Nothaft, Chief Economist for CoreLogic, while the U.S. foreclosure rate remains at a 10-year low, the rate across the 100 largest metro areas varies from 0.1 percent in Denver to 2.2 percent in New York.“The national serious delinquency rate remains at 1.9 percent, unchanged from June, and when analyzed across the 100 largest metros, rates vary from 0.6 percent in Denver to 4.1 percent in New York,” Nothaft said.Additionally, CEO of CoreLogic Frank Martell said that even though delinquency rates are lower in most markets compared with a year ago, there are some worrying trends.Martell explained that “markets affected by the decline in oil production or anemic job creation have seen an increase in defaults. We see this in markets such as Anchorage, Baton Rouge and Lafayette, Louisiana where the serious delinquency rate rose over the last year.”You can download the full report by clicking here.  Print This Post Tagged with: HOUSING mortgage Servicers Navigate the Post-Pandemic World 2 days ago Sign up for DS News Daily The Best Markets For Residential Property Investors 2 days ago Subscribelast_img read more

USU Gymnastics Inks A Canadian Duo Thursday

first_img FacebookTwitterLinkedInEmailLOGAN, Utah-Thursday, Utah State gymnastics announced the signing of a pair of Canadian gymnasts to a national letter of intent, per a statement from head coach Amy Smith.Grace Rojas and Maddie Straker each come to Logan from Toronto, Ontario while Rojas is a level-10 gymnast and Straker is an elite gymnast from Manjaks Gymnastics of Mississauga, Ontario, a Toronto suburb.Rojas competed well at the 2018 Ontario Provincial Championships at Amherstburg, Ontario in April, as well as the 2018 Canadian Championships at Waterloo, Ontario this past May, finishing third and sixth in the all-around in these meets, respectively.In 2017, Rojas was the all-around Ontario championship gymnast and captured fifth place in the 2017 Canadian Championships.She graduated from Toronto’s Silverthorn Collegiate Institute and plans to major in business at Utah State.Straker placed 12th in the all-around and sixth on bars at the 2018 Canadian Championships, while finishing third in the all-around at the Canadian Championships of 2016.At Elite Canada 2017 in Halifax, Nova Scotia, Straker placed sixth in floor.Straker is a 2018 graduate of Silverthorn Collegiate Institute and plans to major in visual art at Utah State.Rojas and Straker have doubled Smith’s recruiting class, as previously she inked Glory Yoakum of Marvel, Texas and Caitlin Gray of Newington, Conn. June 21, 2018 /Sports News – Local USU Gymnastics Inks A Canadian Duo Thursday Tags: Amy Smith/Caitlin Gray/Canadian Championships/Glory Yoakum/Grace Rojas/Maddie Straker/Silverthorn Collegiate Institute Brad James Written bylast_img read more

Tweed Heads house transformed into coastal haven

first_img2 The Mainbrace, Tweed Heads. 2 The Mainbrace, Tweed Heads. 2 The Mainbrace, Tweed Heads.“The floor layout was so different to everything else I had seen and it just complimented the water,” she said. “It was something I could work with.” Initial installations included a new kitchen and bathrooms, flooring, ceilings, windows and lush gardens.“I’ve added the deck overlooking the water and out the front, with the flat-roof garage, I’ve extended it and put a carport next to it,” Ms McClintock said. “I’ve absolutely loved doing the renovations. “My son Scott is a carpenter so he has done a lot of the work.” 2 The Mainbrace, Tweed Heads.Harcourts BMG agent Michelle Topper described the house has having it all.“The home is positioned in the elite The Mainbrace, Tweed Heads with quality waterfront homes surrounding this quiet cul-de-sac,” she said. “It has river and ocean access to enjoy everything that the waterfront lifestyle beholds. “Enjoy a flat walk to the bustling Kirra, cafes, restaurants and shopping precinct and get among all that Kirra and Coolangatta has to offer or just enjoy the peace and tranquillity of the river lifestyle.” The 989sq m property is on the market at $1.385 million. 2 The Mainbrace, Tweed HeadsFROM rundown brick house to stunning coastal haven, this is a renovation of epic proportions.When vendor Alison McClintock found the waterfront property seven years ago, she knew she could turn it into something special.center_img 2 The Mainbrace, Tweed Heads. More from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach North1 hour ago02:37International architect Desmond Brooks selling luxury beach villa21 hours ago2 The Mainbrace, Tweed Heads.The end result is an inviting coastal oasis. As soon as you step inside, a sense of relaxation sweeps over you. The house oozes character and charm with neutral tones, travertine tiles and louvre windows. The kitchen features soft-toned cabinetry, plenty of cupboard space, Caesarstone bench tops and pendant lights, and flows through to the dining and living areas. This area moves seamlessly out to the covered alfresco area and timber deck.“I love sitting out on the deck in the morning,” the mother of four said. “It’s so still.”The house features four bedrooms including the main which is segregated from the rest.It incorporates an ensuite, walk in robe and sliding doors that open out to the gardens. 2 The Mainbrace, Tweed Heads.There is parking for four cars with a remote tandem garage and tandem carport that can fit a caravan.Ms McClintock said she was selling as her children had left the nest. “It really has been such a joy to live there, I don’t really want to go,” she said.last_img read more