Foreclosure Inventory Plummets to Eight-Year Low

first_img Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Sign up for DS News Daily in Daily Dose, Featured, Foreclosure, News About Author: Brian Honea The Best Markets For Residential Property Investors 2 days ago Related Articles The Week Ahead: Nearing the Forbearance Exit 2 days ago Home / Daily Dose / Foreclosure Inventory Plummets to Eight-Year Low Servicers Navigate the Post-Pandemic World 2 days ago Previous: DS News Webcast: Monday 11/23/2015 Next: TRID Questions Answered Foreclosure Inventory Plummets to Eight-Year Low Servicers Navigate the Post-Pandemic World 2 days ago Brian Honea’s writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master’s degree from Amberton University in Garland. Governmental Measures Target Expanded Access to Affordable Housing 2 days ago As a further sign of housing metrics returning to their “normal” levels, the percentage of residential homes in the foreclosure process took tumbled down to their lowest level in eight years, according to Black Knight Financial Services’ First Look at Mortgage Data for October 2015 released on Monday.At the end of October, approximately 721,000 residential homes across the country were in the process of foreclosure, which was a decline of 16,000 month-over-month (2.3 percent) and 191,000 year-over-year (21 percent), according to Black Knight. It is the lowest rate for foreclosure inventory since December 2007, immediately prior to the onset of the housing crisis. The 721,000 homes in foreclosure represent about 1.43 percent of all residential mortgage loans in the country.Foreclosure starts, which have been up and down all year, dropped to 73,200—a decline of 8.4 percent from September to October and by 11.3 percent from October 2014 to October 2015. The news was also good for the delinquency rate, defined as the number of loans 30 days or more past due but not in foreclosure. The delinquency rate dropped by nearly 2 percent over the month and by 12 percent year-over-year in October down to 4.77 percent, covering about 2.4 million mortgage loans.When figuring in the mortgage loans that are in pre-sale foreclosure inventory, that number increased to 3.1 million, which is still down by over half a million (507,000) from the previous October, according to Black Knight.Serious delinquencies—properties 90 days or more overdue but not in foreclosure—fell down to 820,000 in October, a decline of 3,000 from September and from nearly a quarter of a million (249,000) from October 2014.Prepayment activity, which has historically been a good indicator of refinance activity, was at 1.09 percent in October, up slightly by 1.14 percent over the month and by 9.85 percent over the year. Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago Tagged with: Black Knight Financial Services Delinquencies First Look at Mortgage Data Foreclosure Inventory Foreclosure Starts Demand Propels Home Prices Upward 2 days ago Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago  Print This Post Black Knight Financial Services Delinquencies First Look at Mortgage Data Foreclosure Inventory Foreclosure Starts 2015-11-23 Brian Honea Share Save November 23, 2015 1,159 Views Subscribelast_img read more

It’s Only a Play Eyes Extension on Broadway

first_img Related Shows The production stars Tony winners Nathan Lane, Matthew Broderick and Stockard Channing, Oscar winner F. Murray Abraham, Emmy winner Megan Mullally, Harry Potter alum Rupert Grint and newcomer Micah Stock, but there’s a Queen waiting in the wings for the Schoenfeld. Helen Mirren is scheduled to begin previews in The Audience at the venue on February 17, 2015. View Comments Show Closed This production ended its run on June 7, 2015 It’s Only a Play is set on the opening night of Broderick’s character Peter Austin’s new play, as he anxiously awaits to see if his show is a hit. With his career on the line, he shares his big first night with his best friend, a television star (Lane), his fledgling producer (Mullally), his erratic leading lady (Channing), his wunderkind director (Grint), an infamous drama critic, and a wide-eyed coat check attendant on his first night in Manhattan. There’s no business like show business. It’s Only a Play Broadway.com has learned that It’s Only a Play, which was proving to be a stellar box office hit before it officially opened on October 9, is now eyeing to remain a little longer on the Great White Way. A spokesperson for Terrence McNally’s comedy said: “The producers would love nothing more than to extend. The demand for tickets remains incredible this morning.” The show, directed by Jack O’Brien, is currently set to play a limited 17-week engagement through January 4, 2015 at the Schoenfeld Theatre.last_img read more