LPS Mortgage Monitor
|
|
- Laurel Sherman
- 5 years ago
- Views:
Transcription
1 LPS Mortgage Monitor October 2012 Mortgage Performance Observations Data as of September, 2012 Month-end Lender Processing Services 1 ONE SOURCE. POWERFUL SOLUTIO ONS. : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : :
2 September 2012 Data Dashboard Lender Processing Services 2
3 September 2012 Highlights Delinquency Increase Attributes and causes Origination Increase HARP Activity and Opportunity Judicial vs. Non-judicial Foreclosures Pipeline and impact Lender Processing Services 3
4 DQs up 7.7% for the month; largest monthly increase since 2008 Increase came from early stages (Appendix, slide 18): 30 Day DQs increased from 1.37mm to 1.59mm 90 Day DQs increased from 1.52mm to 1.53mm DQs Down 30% from Peak Lender Processing Services 4
5 First time delinquencies increased by about 200k (in-line with repeats) 16% of current to 30 rolls were re-defaulted modifications vs. 17% in August Lender Processing Services 5
6 Payment / transactional activity was down across the board in September Number of Business Days September: 19 August: Average (ex Sep): Foreclosure starts -21% M/M (Appendix, slide 20) Foreclosure sales -18% M/M (Appendix, slide 20) Delinquent ent cures -25% M/M (Appendix, slide 23) Prepayment rates -13% M/M(Appendix, slide 24) Lender Processing Services 6
7 New problem loan rates maintained seasonal increase in September Lender Processing Services 7
8 Delinquency Increase Summary Points Payment / transaction activity down Seasonality pressures No impact observed from re-defaulted d mods Longer term trend is still down One month of activity could be anomaly, monitoring the longer term trend Delinquencies 30% lower than Jan-10 peak Watch delinquency migration and cure rates next month Lender Processing Services 8
9 August originations at the highest level since 2009 Lender Processing Services 9
10 HARP originations still on the rise Lender Processing Services 10
11 HARP eligible population may still be over 3 million loans 63% of 2005 and earlier current and in the money loans are GSEs HARP Eligible: GSE, Originated pre-5/09, CurrLTV > 80, No missed prior 6 and <= 1 missed in prior 12 In the Money : Interest Rate > 4.5% Lender Processing Services 11
12 Originations and HARP Increase Summary Points Originations at the highest level since 2009 due to persistent low rates and increased HARP activity There is still a large potential HARP eligible population Large in-the-money market still exists (potential ti HARP 3.0 refinancing?) i Lender Processing Services 12
13 FC inventory in judicial states remains almost 3x non-judicial Seven of the top 10 states for total non-current are judicial (Appendix, slide 19) Lender Processing Services 13
14 Judicial pipeline ratio is twice nonjudicial; several states still extreme Lender Processing Services 14
15 Loss mitigation activity is similar in both judicial and non-judicial states Lender Processing Services 15
16 Judicial vs. Non-judicial FC Disparity Summary Points Large differences persist in judicial and non- judicial foreclosure timelines and inventory over-hang hang. No associated impacts/divergence noted in other statistics thus far: Similar loss mitigation activity Similar il new problem loan rates Similar origination activity / interest rates Lender Processing Services 16
17 LPS Mortgage Monitor October 2012 Appendix Data as of September, 2012 Month-end Lender Processing Services 17 ONE SOURCE. POWERFUL SOLUTIO ONS. : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : :
18 The September increase in delinquencies impacted early stages Lender Processing Services 18
19 Seven of the top 10 states for total non-current are judicial Average year over year change in non-current percent (includes loans 30+ Delinquent or in Foreclosure) Judicial =0.4% Non-judicial =-4.7% Lender Processing Services 19
20 FC starts at lowest since September 2007, Sales 2nd lowest in 19 months Lender Processing Services 20
21 Decline in foreclosure starts supported a drop in overall inventory Lender Processing Services 21
22 First time foreclosure starts at the lowest level since 2008 Lender Processing Services 22
23 Cure counts are down sharply for early stage delinquencies Lender Processing Services 23
24 September prepayment rates dropped from August Lender Processing Services 24
25 LPS Mortgage Monitor Disclosures: Product / Metric Definitions and July 2012 Market Sizing Revisions Lender Processing Services 25 ONE SOURCE. POWERFUL SOLUTIONS. : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : : :
26 Disclosure Page: Product Definitions *Conforming limits do not account for temporary or high-cost area increases. Lender Processing Services 26
27 Disclosure Page: Metrics Definitions Total Active Count: All active loans as of month-end including loans in any state of delinquency or foreclosure. Post-sale loans and loans in REO are excluded from the total active count. Delinquency Statuses (30, 60, 90+, etc): All delinquency statuses are calculated using the MBA methodology based on the payment due date provided by the servicer. Loans in foreclosure are reported separately and are not included in the MBA days delinquent. 90 Day Defaults: Loans that were less than 90 days delinquent in the prior month and were 90 days delinquent, but not in foreclosure, in the current month. Foreclosure Inventory: The servicer has referred the loan to an attorney for foreclosure. Loans remain in foreclosure inventory from referral to sale. Foreclosure Starts Any active loan that was not in foreclosure in the prior month that moves into foreclosure inventory in the current month. Non-Current: Loans in any stage of delinquency or foreclosure. Foreclosure Sale / New REO: Any loan that was in foreclosure in the prior month that moves into post-sale status or is flagged as a foreclosure liquidation. REO: The loan is in post-sale foreclosure status. Listing status is not a consideration, this includes all properties on and off the market. Deterioration Ratio: The ratio of the percentage of loans deteriorating in delinquency status vs. those improving. Lender Processing Services 27
28 With the June 2012 month-end data, LPS has updated its extrapolation methodology to incorporate, among other things, improved estimates of market size, which includes higher h coverage of government and subprime products and increases LPS estimate of the total first lien residential mortgage market by three percent to 50.4 million. To ensure consistency in trend analysis, the new methodology has been applied to all historical data and previously reported mortgage performance statistics have been adjusted accordingly. The following section contains information on market coverage and comparisons with previously reported statistics. Additional information is available upon request. Lender Processing Services 28
29 The new scaling increases overall estimated industry loan count by approximately 1.2 million loans Prior industry estimates declined because scaling didn t support current servicing transfer volumes Lender Processing Services 29
30 New scaling reflects the higher coverage of government loans and allows for the incorporation of new servicers Lender Processing Services 30
31 Delinquencies decline based on higher estimated coverage of FHA and subprime loans. Converge due to new servicers and transfer issues with prior scaling Lender Processing Services 31
32 Foreclosure inventory remains almost identical, but shifts up in recent months as transfer bias is repaired Lender Processing Services 32
33 Foreclosure starts remain consistent, with rates shifting up slightly Lender Processing Services 33
34 Performance Statistics Changes: Database Counts Lender Processing Services 34
35 Performance Statistics Changes: State Level Detail Lender Processing Services 35
Black Knight Mortgage Monitor
Black Knight Mortgage Monitor Mortgage Market Performance Observations Data as of April, 2014 Month-end Black Knight First Look April 2014 2 Focus Points Prepayment activity and originations ARM loans
More informationBlack Knight Mortgage Monitor
Black Knight Mortgage Monitor Mortgage Market Performance Observations Data as of May, 2014 Month-end Black Knight First Look May 2014 Total U.S. loan delinquency rate (loans 30 or more days past due,
More informationHOPE NOW. Snapshot Industry Extrapolations and HAMP Metrics
Snapshot Industry Extrapolations and HAMP Metrics Three Month Q2-215 Q3-215 Q4-215 Q1-216 Q2-216 Jun-16 Jul-16 Aug-16 Total Completed Modifications 119,658 97,773 84,798 86,167 1,198 41,872 34,815 36,6
More informationHOPE NOW. Snapshot Industry Extrapolations and HAMP Metrics
Year over Year Q2-211 to H1 212 Q2-211 Q3-211 Q4-211 Q1-212 Q2-212 Apr-212 May-212 Jun-212 Q2-212 Total Completed Modifications 251,424 255,667 24,523 23,463 182,6 56,922 61,489 63,594-28% 385,468 HAMP
More informationHOPE NOW. Snapshot Industry Extrapolations and HAMP Metrics
Snapshot Industry Extrapolations and HAMP Metrics Three Month Q4-2016 Q1-2017 Q2-2017 Q3-2017 Q4-2017 Oct-17 Nov-17 Dec-17 Total Completed Modifications 85,357 89,213 78,302 54,318 56,355 19,400 18,819
More informationCurrent Mortgage Performance Observations. January 31, 2009 Performance Data Prepared as of February 20, 2009
LPS Mortgage Monitor Current Mortgage Performance Observations January 31, 2009 Performance Data Prepared as of February 20, 2009 February 2009 Mortgage Performance Package Data as of January 31, released
More informationHOPE NOW WORKOUT PLANS (Repayment Plans + Modifications) and FORECLOSURE SALES July July 2009
HOPE NOW WORKOUT PLANS (Repayment Plans + Modifications) and FORECLOSURE SALES July 2007 - July 2009 BORROWER LOAN WORKOUT PLANS 2007 Q3 2007 Q4 2008 Q1 2008 Q2 2008 Q3 2008 Q4 2009 Q1 2009 Q2 Jul 2007-Jul
More informationOCC and OTS Mortgage Metrics Report Disclosure of National Bank and Federal Thrift Mortgage Loan Data
OCC and OTS Mortgage Metrics Report Disclosure of National Bank and Federal Thrift Mortgage Loan Data January June 2008 Office of the Comptroller of the Currency Office of Thrift Supervision Washington,
More informationThe Obama Administration s Efforts To Stabilize the Housing Market and Help American Homeowners
The Obama Administration s Efforts To Stabilize the Housing Market and Help American Homeowners February 2015 U.S. Department of Housing and Urban Development Office of Policy Development and Research
More informationThe Obama Administration s Efforts To Stabilize The Housing Market and Help American Homeowners
The Obama Administration s Efforts To Stabilize The Housing Market and Help American Homeowners November 2012 U.S. Department U.S Department of Housing of Housing and Urban and Urban Development Development
More informationMortgage Market Monitor
MORTGAGE-BACKED SECURITIES Mortgage Market Monitor April 2018 Remittances Table of Contents Foreword... 3 Overview... 7 Section A: Serious Delinquencies... 8 I. Serious Delinquencies as % of Unpaid Principal
More informationResidential Mortgage Credit Model
Residential Mortgage Credit Model June 2016 data made beautiful Four Major Components to the Credit Model 1. Transition Model: An idealized roll-rate model with three states: i. Performing (Current, 30-DPD)
More informationMortgage Market Monitor
MORTGAGE-BACKED SECURITIES Mortgage Market Monitor January 2017 Remittances Table of Contents Foreword... 3 Overview... 7 Section A: Serious Delinquencies... 9 I. Serious Delinquencies as % of Unpaid Principal
More informationHousing Market and Mortgage Performance in the Fifth District
QUARTERLY UPDATE Housing Market and Mortgage Performance in the Fifth District 3 rd Quarter, 2013 Jamie Feik Lisa Hearl Joseph Mengedoth An Update on Housing Market and Mortgage Performance in the Fifth
More informationA look Behind the numbers Winter Behind the numbers. A Look. Distressed Loans in Ohio:
A look Behind the numbers Winter 2013 Published By The Federal Reserve Bank of Cleveland Behind the numbers A Look written by Lisa Nelson and Francisca G.-C. Richter 9 147 3 Distressed Loans in Ohio: Recent
More informationThe Obama Administration s Efforts To Stabilize The Housing Market and Help American Homeowners
The Obama Administration s Efforts To Stabilize The Housing Market and Help American Homeowners April 2012 U.S. Department of Housing and Urban Development Office of Policy Development Research U.S Department
More informationMortgage Market Monitor
MORTGAGE-BACKED SECURITIES Mortgage Market Monitor July 2017 Remittances Table of Contents Foreword... 3 Overview... 7 Section A: Serious Delinquencies... 8 I. Serious Delinquencies as % of Unpaid Principal
More informationMortgage Performance Summary
Mortgage Performance Summary QUARTERLY UPDATE Housing Market and Mortgage Performance in the 1st Quarter, 2017 Joseph Mengedoth Michael Stanley 475 450 425 400 375 350 325 300 275 250 225 200 175 150 125
More informationMortgage Market Monitor
MORTGAGE-BACKED SECURITIES Mortgage Market Monitor December 2017 Remittances Table of Contents Foreword... 3 Overview... 7 Section A: Serious Delinquencies... 10 I. Serious Delinquencies as % of Unpaid
More informationThe Obama Administration s Efforts To Stabilize The Housing Market and Help American Homeowners
The Obama Administration s Efforts To Stabilize The Housing Market and Help American Homeowners May 2011 U.S. Department of Housing and Urban Development Office of Policy Development Research U.S Department
More informationPolling Question 1: Should the first-time home buyer tax credit of $8,000 be extended past November 30, 2009?
Polling Question 1: Should the first-time home buyer tax credit of $8, be extended past November 3,? 1. No 2. Yes, keep to $8, 3. Yes, increase to $15, and expand to all Polling Question 2: Which mortgage
More informationMortgage Market Monitor
MORTGAGE-BACKED SECURITIES Mortgage Market Monitor December 2015 Remittances Table of Contents Foreword... 3 Overview... 7 Section A: Serious Delinquencies... 9 I. Serious Delinquencies as % of Unpaid
More informationTO: Freddie Mac Servicers November 14,
TO: Freddie Mac Servicers November 14, 2014 2014-19 SUBJECT: SERVICING UPDATES (This is a reissuance of Bulletin 2014-19, with corrections to the section titled Default management criteria comparison and
More informationThe Obama Administration s Efforts To Stabilize the Housing Market and Help American Homeowners
The Obama Administration s Efforts To Stabilize the Housing Market and Help American Homeowners August 2015 U.S. Department of Housing and Urban Development Office of Policy Development and Research U.S
More informationMortgage Market Monitor
MORTGAGE-BACKED SECURITIES Mortgage Market Monitor January 2018 Remittances Table of Contents Foreword... 3 Overview... 7 Section A: Serious Delinquencies... 9 I. Serious Delinquencies as % of Unpaid Principal
More informationFORECLOSURE TRENDS AND RESEARCH
FORECLOSURE TRENDS AND RESEARCH Forum on Foreclosures in Massachusetts CHAPA & MassHousing July 17, 2012 Presented by Timothy Warren Jr. CEO and Publisher The Warren Group Agenda Massachusetts Foreclosure
More informationSingle Family Loan-Level Dataset Summary Statistics March 2018
Single Family Loan-Level Dataset Summary Statistics March 2018 Freddie Mac 2015 Freddie Mac - Single Family Loan-Level Dataset March 2018 Page 1 of 16 Background Freddie Mac is making the Single Family
More informationHousing Risk. Policy Issues & Responses
Housing Risk Policy Issues & Responses Fifth Annual Risk Management Conference Federal Reserve Bank of Chicago April 11, 2012 Bill Longbrake Executive in Residence Robert H. Smith School of Business, University
More informationFannie Mae 2010 First Quarter Credit Supplement. May 10, 2010
Fannie Mae 2010 First Quarter Credit Supplement May 10, 2010 1 These materials present tables and other information about Fannie Mae, including information contained in Fannie Mae s Quarterly Report on
More information+9.1% year-over-year -11.4% month-over-month. ARMLS STAT - September 22, 2015 MONTHLY SALES
ARMLS STAT - September 22, 2015 MONTHLY SALES +9.1% year-over-year -11.4% month-over-month Permission is granted only to ARMLS Subscribers for reproduction and to prepare derivative works with attribution
More informationFORECLOSURE ALTERNATIVES
FORECLOSURE ALTERNATIVES You may be facing foreclosure, so what are your options? Try to look at the situation more from a financial standpoint rather than an emotional standpoint. This way you can more
More informationReview of Northern Virginia Market Conditions and Trends
Review of Northern Virginia Market Conditions and Trends Prepared for Northern Virginia Area Association of Realtors November 12, 2011 Virginia Housing Development Authority Northern Virginia s existing
More informationIdentifying Issues in the Subprime Mortgage Market: North San Joaquin Valley
Identifying Issues in the Subprime Mortgage Market: North San Joaquin Valley Presentation prepared by Carolina Reid, Ph.D. Community Development Department Federal Reserve Bank of San Francisco March 5,
More informationFirst wave: Driven by loan terms & home values. Second wave: Driven by unemployment. Various local, state and federal responses
Sustainable Loan Modifications June 2009 J. Michael Collins Introduction Foreclosures at record levels First wave: Driven by loan terms & home values» Concentration in sand states and LMI communities (but
More informationWhat Can be Expected of Government in Supporting the U.S. Mortgage Market?
What Can be Expected of Government in Supporting the U.S. Mortgage Market? Dwight M. Jaffee Haas School of Business, University of California, Berkeley BCLBE Conference, April 13, 2012: The Foreclosure
More informationU.S. Subprime Rating Surveillance Update
U.S. Subprime Rating Surveillance Update Glenn Costello Managing Director July 2007 Agenda Rating Actions And The July 2007 Under Analysis List Risk Factors Affecting Performance and Ratings Going Forward
More informationCredit Performance Scorecard White Paper. (2016 Scorecard Updates, version 4.1) November Fannie Mae
Credit Performance Scorecard White Paper (2016 Scorecard Updates, version 4.1) November 2015 2011-2015 Fannie Mae Table of Contents About This Document... 3 STAR Introduction... 4 General Servicing Metric
More informationIdentifying Issues in the Subprime Mortgage Market: The Bay Area
Identifying Issues in the Subprime Mortgage Market: The Bay Area Presentation prepared by Carolina Reid, Ph.D. Community Development Department Federal Reserve Bank of San Francisco March 7, 2008 Analysis
More informationMBA Economic and Mortgage Finance Outlook Eastern Secondary Market Conference 2018
MBA Economic and Mortgage Finance Outlook Eastern Secondary Market Conference 2018 February 2018 Presented by Joel Kan Mortgage Bankers Association 1 Summary of the MBA Outlook 2016 2017 2018 2019 2020
More informationTO: Freddie Mac Sellers and Servicers October 3, 2012
Bulletin NUMBER: 2012-20 TO: Freddie Mac Sellers and Servicers October 3, 2012 SUBJECTS Selling and Servicing requirements are amended with this Single-Family Seller/Servicer Guide ( Guide ) Bulletin.
More informationThe Foreclosure Crisis in NYC: Patterns, Origins, and Solutions. Ingrid Gould Ellen
The Foreclosure Crisis in NYC: Patterns, Origins, and Solutions Ingrid Gould Ellen Reasons for Rise in Foreclosures Risky underwriting Over-leveraged borrowers High debt to income ratios Economic downturn
More informationFlorida: An Economic Overview
Florida: An Economic Overview September 15, 2014 Presented by: The Florida Legislature Office of Economic and Demographic Research 850.487.1402 http://edr.state.fl.us Key Economic Variables Improving Economy
More informationB A N C A N A L Y S T S A S S O C I A T I O N O F B O S T O N C O N F E R E N C E. Charlie Scharf, CEO, Retail Financial Services. November 4th, 2010
B A N C A N A L Y S T S A S S O C I A T I O N O F B O S T O N C O N F E R E N C E Charlie Scharf, CEO, Retail Financial Services November 4th, 2010 Retail Financial Services Results Net income ($ in millions)
More informationSingle Family Loan-Level Dataset Release Notes
Single Family Loan-Level Dataset Release Notes February 2019 Release Summary Cutoff Dates and Records (Full Volume Dataset) Release Date Origination Cutoff Date Performance Cutoff Date Total Quarters Approx.
More informationNotice Regarding Updated Regulations and Summary of Recent CFPB Mortgage Rules
April 23, 2012 Notice Regarding Updated Regulations and Summary of Recent CFPB Mortgage Rules The Consumer Financial Protection Bureau ( CFPB or Bureau ) recently issued final rules related to mortgage
More informationThe Office of Economic Policy HOUSING DASHBOARD. March 16, 2016
The Office of Economic Policy HOUSING DASHBOARD March 16, 216 Recent housing market indicators suggest that housing activity continues to strengthen. Solid residential investment in 215Q4 contributed.3
More informationCREDIT UNIONS: REAL ESTATE LENDING AND MORTGAGE BANKINGACTIVITIES
CREDIT UNIONS: REAL ESTATE LENDING AND MORTGAGE BANKINGACTIVITIES ACUIA Region 3 Meeting Presented by: Bob Parks, CPA Director, Financial Institutions Group Overview Mortgage market and credit union trends
More informationFORECLOSURE PREVENTION PRINCIPAL REDUCTION AND. Preliminary Report, Findings and Recommendations from the IDT. Seattle City Council March 26, 2014
1 PRINCIPAL REDUCTION AND FORECLOSURE PREVENTION Preliminary Report, Findings and Recommendations from the IDT Seattle City Council March 26, 2014 2 IDT Scope of Work Resolution 31495 directed IDT to explore
More informationFannie Mae 2011 Third-Quarter Credit Supplement. November 8, 2011
Fannie Mae 2011 Third-Quarter Credit Supplement November 8, 2011 This presentation includes information about Fannie Mae, including information contained in Fannie Mae s Quarterly Report on Form 10-Q for
More informationThe Current Foreclosure Crisis Trends and Roadblocks to Recovery
The Current Foreclosure Crisis Trends and Roadblocks to Recovery American Planning Association February 22, 2011 Geoff Smith Senior Vice President Woodstock Institute Chicago, Illinois gsmith@woodstockinst.org
More informationMortgage Performance Summary
Mortgage Performance Summary QUARTERLY UPDATE Housing Market and Mortgage Performance in South Carolina 2nd Quarter, 2013 Jamie Feik Lisa Hearl An Update on Housing Market and Mortgage Performance in South
More informationIdentifying Issues in the Subprime Mortgage Market: Arizona
Identifying Issues in the Subprime Mortgage Market: Arizona Presentation prepared by Carolina Reid, Ph.D. Community Development Department Federal Reserve Bank of San Francisco March 7, 2008 Analysis of
More informationHOPE NOW Reports 99K Mortgage Solutions for Homeowners in November K Permanent Loan Modifications Completed for the Month
January 27, 2016 Media Contact: Oliver Jakubos (202) 589-2415 Oliver.Jakubos@fsroundtable.org HOPE NOW Reports 99K Mortgage Solutions for Homeowners in November 2015 26K Permanent Loan Modifications Completed
More informationU.S. Housing Markets: Looking Back, Looking Forward
U.S. Housing Markets: Looking Back, Looking Forward Dr. Raphael Bostic Assistant Secretary, Office of Policy Development and Research U.S. Department of Housing and Urban Development Special Thanks Ed
More informationHOUSING AND LABOR MARKET TRENDS - ALASKA
HOUSING AND LABOR MARKET TRENDS - ALASKA May 2011 Community Development Research Federal Reserve Bank of San Francisco National Trends Source: Bureau of Labor Statistics, November 2010 Unemployment dips
More informationHousing Market and Mortgage Performance in South Carolina
QUARTERLY UPDATE Housing Market and Mortgage Performance in South Carolina 2 nd Quarter, 2014 Jamie Feik Lisa Hearl Joseph Mengedoth An Update on Housing Market and Mortgage Performance in South Carolina
More informationM E M O R A N D U M Financial Crisis Inquiry Commission
M E M O R A N D U M Financial Crisis Inquiry Commission To: From: Commissioners Ron Borzekowski Wendy Edelberg Date: July 7, 2010 Re: Analysis of housing data As is well known, the rate of serious delinquency
More informationMGIC Investment Corporation. Portfolio Supplement Q NYSE: MTG
MGIC Investment Corporation Portfolio Supplement Q1 2019 NYSE: MTG March 31, Year of Origination Top 10 Jurisdictions 3 1 2 15% 21.8% 19.4% 16. 8% 6% 8.6% 7.1% 6.2% 5.2% 1 5% 3.9% 10.8% 6.1% 3.6% 1.9%
More informationFlorida: An Economic Overview
Florida: An Economic Overview February 5, 2015 Presented by: The Florida Legislature Office of Economic and Demographic Research 850.487.1402 http://edr.state.fl.us Key Economic Variables Improving Economy
More informationNational Housing Market Summary
1st 2017 June 2017 HUD PD&R National Housing Market Summary The Housing Market Recovery Showed Progress in the First The housing market improved in the first quarter of 2017. Construction starts rose for
More informationFlorida: An Economic Overview
Florida: An Economic Overview March 31, 2014 Presented by: The Florida Legislature Office of Economic and Demographic Research 850.487.1402 http://edr.state.fl.us Key Economic Variables Improving Economy
More informationTennessee Housing Market Brief
3rd quarter Housing ket Brief Business and Economic Research Center David A. Penn, Director Jennings A. Jones College of Business Middle State University his is the first in a series of quarterly reports
More informationFourth Quarter 2014 Financial Results Supplement
Fourth Quarter 20 Financial Results Supplement February 19, 2015 Table of contents Financial Results Segment Business Information 2 - Annual Financial Results 12 - Single-Family New Funding Volume 3 -
More informationSecond Quarter 2014 Financial Results
Second Quarter 2014 Financial Results Safe Harbor Statements All statements in this report that address events, developments or results that we expect or anticipate may occur in the future are forward-looking
More informationQuarterly U.S. Consumer Credit Trends DATA AS OF DECEMBER 2017
Quarterly U.S. Consumer Credit Trends DATA AS OF DECEMBER 2017 March 2, 2018 Quarterly U.S. Consumer Credit Trends Data as of December 2017 Published February 10, 2018 Visit us at www.equifax.com/business/credit-trends
More informationThe U.S. Residential Mortgage Market: Sizing the Problem and Proposing Solutions
The U.S. Residential Mortgage Market: Sizing the Problem and Proposing Solutions Laurie S. Goodman Senior Managing Director Amherst Securities Group, LP New York City T The U.S. housing market remains
More informationFannie Mae 2012 Second-Quarter Credit Supplement. August 8, 2012
Fannie Mae 2012 Second-Quarter Credit Supplement August 8, 2012 This presentation includes information about Fannie Mae, including information contained in Fannie Mae s Quarterly Report on Form 10-Q for
More informationForeclosure Delay and Consumer Credit Performance
Foreclosure Delay and Consumer Credit Performance May 10, 2013 Paul Calem, Julapa Jagtiani & William W. Lang Federal Reserve Bank of Philadelphia The views expressed are those of the authors and do not
More informationFlorida: An Economic Overview
Florida: An Economic Overview June 17, 2010 Presented by: The Florida Legislature Office of Economic and Demographic Research 850.487.1402 http://edr.state.fl.us Economy Lost Ground in 2008 Florida s growth
More informationSTAR Performance Scorecard White Paper
STAR Performance Scorecard White Paper March 2017 Table of Contents Table of Contents... 2 STAR Introduction... 3 What is STAR?... 3 Profiles and Relevant Metrics... 4 General Servicing Metric Definitions...
More informationTRENDS IN DELINQUENCIES AND FORECLOSURES IN OREGON
TRENDS IN DELINQUENCIES AND FORECLOSURES IN OREGON January 2011 Community Development Research Federal Reserve Bank of San Francisco National Trends Even though NBER officially announced the recession
More informationSupplemental Directive December 10, 2013
Supplemental Directive 13-12 December 10, 2013 Making Home Affordable Program Administrative Clarifications In February 2009, the Obama Administration introduced the Making Home Affordable (MHA) Program
More informationHOUSING AND LABOR MARKET TRENDS: UTAH
HOUSING AND LABOR MARKET TRENDS: UTAH May 2011 Community Development Research Federal Reserve Bank of San Francisco National Trends Source: Bureau of Labor Statistics, November 2010 Unemployment dips below
More informationHOPE NOW: Mortgage Servicers Completed 850,000 Loan Modifications for Homeowners in 2012
February 7, 2013 Media Contact: Brad Dwin (410) 303-6391 brad@hopenow.com HOPE NOW: Mortgage Servicers Completed 850,000 Loan Modifications for Homeowners in 2012 Short Sales Top 420,000 for the Year (WASHINGTON,
More informationFannie Mae 2009 First Quarter Credit Supplement. May 8, 2009
Fannie Mae 2009 First Quarter Credit Supplement May 8, 2009 1 These materials present tables and other information about Fannie Mae, including information contained in Fannie Mae s Quarterly Report on
More informationFREDDIE MAC STRUCTURED AGENCY CREDIT RISK SECURITIZED PARTICIPATION INTERESTS (STACR SPI SM ) DISCLOSURE FILE LAYOUTS
FREDDIE MAC STRUCTURED AGENCY CREDIT RISK SECURITIZED PARTICIPATION INTERESTS (STACR SPI SM ) DISCLOSURE FILE LAYOUTS This guide is designed to serve as the reference tool for investor and vendors of Freddie
More informationFlorida: An Economic Overview
Florida: An Economic Overview January 26, 2016 Presented by: The Florida Legislature Office of Economic and Demographic Research 850.487.1402 http://edr.state.fl.us Key Economic Variables Improving Economy
More informationThe Bubble, the Burst and Now What Happened to the Consumer? Joe Mellman Vice President, Financial Services TransUnion
The Bubble, the Burst and Now What Happened to the Consumer? Joe Mellman Vice President, Financial Services TransUnion How did the financial crisis affect consumers and how have they fared since? 1 2 3
More informationA Nation of Renters? Promoting Homeownership Post-Crisis. Roberto G. Quercia Kevin A. Park
A Nation of Renters? Promoting Homeownership Post-Crisis Roberto G. Quercia Kevin A. Park 2 Outline of Presentation Why homeownership? The scale of the foreclosure crisis today (20112Q) Mississippi and
More informationPOOLTALK USER INTERFACE GLOSSARY
FANNIE MAE POOLTALK GLOSSARY (Draft as of April 2016) Items highlighted in yellow reflect enhancements related to Fannie Mae s program to securitize reperforming loans. Fannie Mae generally relies on its
More informationTRENDS IN DELINQUENCIES AND FORECLOSURES IN IDAHO
TRENDS IN DELINQUENCIES AND FORECLOSURES IN IDAHO January 2011 Community Development Research Federal Reserve Bank of San Francisco National Trends Even though NBER officially announced the recession s
More informationHOUSING AND LABOR MARKET TRENDS: CENTRAL CALIFORNIA
HOUSING AND LABOR MARKET TRENDS: CENTRAL CALIFORNIA May 2011 Community Development Research Federal Reserve Bank of San Francisco National Trends Source: Bureau of Labor Statistics, November 2010 Unemployment
More informationTEACHERS RETIREMENT BOARD INVESTMENT COMMITTEE. SUBJECT: Home Loan Program 2012 Mid-Year Report CONSENT: X ATTACHMENT(S): 1
TEACHERS RETIREMENT BOARD INVESTMENT COMMITTEE SUBJECT: Home Loan Program 2012 Mid-Year Report ITEM NUMBER: 4c CONSENT: X ATTACHMENT(S): 1 ACTION: DATE OF MEETING: September 7, 2012 INFORMATION: X PRESENTER(S):
More informationFlorida: An Economic Overview
Florida: An Economic Overview July 23, 2010 Presented by: The Florida Legislature Office of Economic and Demographic Research 850.487.1402 http://edr.state.fl.us Economy Lost Ground in 2008 Florida s growth
More informationFHFA Perspectives on Foreclosure Prevention and Principal Forgiveness
FHFA Perspectives on Foreclosure Prevention and Principal Forgiveness Edward DeMarco, Acting Director Federal Housing Finance Agency The Brookings Institution April 10, 2012 My goal today is to answer
More informationHousing Market and Mortgage Performance in West Virginia
QUARTERLY UPDATE Housing Market and Mortgage Performance in 1 st Quarter, 2014 Jamie Feik Lisa Hearl Joseph Mengedoth An Update on Housing Market and Mortgage Performance in 1 st Quarter, 2014 Summary
More informationMemorandum. Sizing Total Exposure to Subprime and Alt-A Loans in U.S. First Mortgage Market as of
Memorandum Sizing Total Exposure to Subprime and Alt-A Loans in U.S. First Mortgage Market as of 6.30.08 Edward Pinto Consultant to mortgage-finance industry and chief credit officer at Fannie Mae in the
More informationMortgage Delinquencies and Foreclosures: Hawaii
Mortgage Delinquencies and Foreclosures: Hawaii Craig Nolte Community Development Department Federal Reserve Bank of San Francisco October 16, 2008 Do not cite or reproduce without permission. Overview
More informationFannie Mae 2009 Second Quarter Credit Supplement. August 6, 2009
Fannie Mae 2009 Second Quarter Credit Supplement August 6, 2009 1 These materials present tables and other information about Fannie Mae, including information contained in Fannie Mae s Quarterly Report
More informationListing Short Sales. Making them A Success for Everyone! Kayte Gentry, Associate Broker ABR, CRS, GRI
Listing Short Sales Making them A Success for Everyone! Kayte Gentry, Associate Broker ABR, CRS, GRI Why Are You Here? Help a client Grow your business Develop and refine your skill set for a niche market.
More informationARIZONA: HOUSING AND LABOR MARKET TRENDS
ARIZONA: HOUSING AND LABOR MARKET TRENDS May 2011 Community Development Research Federal Reserve Bank of San Francisco National Trends Source: Bureau of Labor Statistics, November 2010 Unemployment dips
More informationFlorida: An Economic Overview
Florida: An Economic Overview May 14, 2014 Presented by: The Florida Legislature Office of Economic and Demographic Research 850.487.1402 http://edr.state.fl.us Key Economic Variables Improving Economy
More informationIvan Gjaja (212) Natalia Nekipelova (212)
Ivan Gjaja (212) 816-8320 ivan.m.gjaja@ssmb.com Natalia Nekipelova (212) 816-8075 natalia.nekipelova@ssmb.com In a departure from seasonal patterns, January speeds were 1% CPR higher than December speeds.
More informationacceleration adjustable rate mortgage amortization amortization table annual percentage rate
acceleration A demand for immediate payment of all amounts remaining unpaid on a loan or extension of credit by a mortgage lender or carryback seller. Also known as calling the loan. adjustable rate mortgage
More informationTITLE 230 DEPARTMENT OF BUSINESS REGULATION
230-RICR-40-10-4 TITLE 230 DEPARTMENT OF BUSINESS REGULATION CHAPTER 40 BANKING SUBCHAPTER 10 LENDING PART 4 Mortgage Foreclosure Disclosure 4.1 Authority This Part is promulgated pursuant to R.I. Gen.
More informationTRENDS IN DELINQUENCIES AND FORECLOSURES IN NEVADA
TRENDS IN DELINQUENCIES AND FORECLOSURES IN NEVADA January 2011 Community Development Research Federal Reserve Bank of San Francisco National Trends Even though NBER officially announced the recession
More informationFannie Mae Reports Third-Quarter 2010 Results
Resource Center: 1-800-732-6643 Contacts: Number: Todd Davenport 202-752-5115 5214a Date: November 5, 2010 Fannie Mae Reports Third-Quarter 2010 Results Net Loss of $1.3 Billion Reflects Stabilizing Credit-Related
More informationFlorida: An Economic Overview
Florida: An Economic Overview November 15, 2010 Presented by: The Florida Legislature Office of Economic and Demographic Research 850.487.1402 http://edr.state.fl.us Economy Lost Ground in 2008 Florida
More informationAn Attorney s Options for Handling Clients in Trouble with Real Estate. Aka: Forbearance to Bankruptcy and Everything in Between
An Attorney s Options for Handling Clients in Trouble with Real Estate Aka: Forbearance to Bankruptcy and Everything in Between Erica Crohn Minchella ~ Attorney at Law 7538 St. Louis Ave Skokie, IL 60076
More informationNational Foreclosure Mitigation Counseling Program
National Foreclosure Mitigation Counseling Program National Foreclosure Mitigation Counseling Program Congressional Update Activity through January 31, 2010 Executive Summary NeighborWorks America (as
More information