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Completed Foreclosures Fell 24% in the Last Year

Prepared by Tara Steele of AGBeat.com According to CoreLogic’s December National Foreclosure Report, there were 620,111 completed foreclosures for the year, down 24 percent from 2012′s 820,498 completed foreclosures. Compared to November’s revised data, December’s foreclosure levels fell 4.1 percent

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Foreclosures Decrease 30 Percent In The Last Year

According to CoreLogic’s October National Foreclosure Report, completed foreclosures fell 30 percent year-over-year. There were 48,000 completed foreclosures in October 2013, down from 68,000 in October 2012, dropping 25.6 percent from September 2013.   By Tara Steele of AGBeat.com http://agbeat.com/housing-news/foreclosures-decrease-30-percent-last-year/

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REFINANCING: Why Mel Watts Heading Fannie Mae And Freddie Mac Will Push HARP 3.0 To The Forefront

Waiting for HARP 3 to pass Congress? Your wait may be just about over. Within days or weeks, congressional representative Mel Watts is expected to be confirmed as the new head of the Federal Housing Finance Agency (FHFA). The controls

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Is This Your Last Chance To Refinance? Just 4% Of Americans Expect Lower Mortgage Rates In 2014.

An overwhelming majority of U.S. consumers expect mortgage rates to rise next year. The data comes from Fannie Mae’s National Housing Survey, a survey of 1,000 households which reflects changing American attitudes toward housing and mortgages. The negative outlook on mortgage

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The HARP 2.0 Program May Have Run Its Course; Housing Market Paves The Way For HARP 3.0

Another 85,000 Home Affordable Refinance Program (HARP) mortgages closed in May, putting the 4-year-old program on pace to close more than 1 million loans this year for the second straight year. However, the program for “underwater homeowners” is now less-so.

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U.S. Housing Market Recovery : Huge Drop In Foreclosures Within Key U.S. Cities

Buying a foreclosure? Time to find a “great deal” may be running out. According to foreclosure-tracking firm RealtyTrac, May 2013 foreclosure filings tallied less 150,000 in May, which is near a six-year low. Banks are repossessing far fewer homes as

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U.S. Housing Market Recovering, Values Approach Pre-Crash Levels

The U.S. housing market turned in a strong first quarter. According to the Home Price Index, a monthly housing metric from the Federal Home Finance Agency (FHFA), U.S. property values climbed by close to two percent between January and March

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