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PennyMac Mortgage Investment Trust (PMT) 2014 Credit Suisse Financial Services Forum Conference Transcript February 11, 2014 4:45 PM ET Executives Stan. .. Link: PennyMac Mortgage Investment Trust...
View ArticleDistressed homeowners may not realize they can sell
Some owners of homes in the foreclosure process may not realize that their properties have risen so much in value that they could sell or refinance, according to a report from foreclosure data...
View ArticleFirst-time homebuyer inventory is still underwater
Homes that are affordable to first-time homebuyers are more likely to be underwater than homes in higher price ranges, exacerbating inventory shortages in many markets because their owners are...
View ArticleNearly half of modified mortgages facing rate increases are underwater
Close to half of modified mortgages facing rate increases are underwater, suggesting that hundreds of thousands of homeowners who were granted relief during the downturn may be at risk of default in...
View ArticlePrice gains push 3.5 million homes above water
Rising home prices propelled 3.5 million U.S. properties out of negative equity in one year, but the number of underwater mortgages will shrink at a slower pace in the future as price appreciation...
View ArticleRiding the loan modification merry-go-round
According to RealtyTrac’s U.S. Home Equity & Underwater Report for the fourth quarter of 2014, over 7 million homeowners (13 percent) still have combined loan amounts exceeding their property’s...
View ArticleHomeowners rise above underwater mortgages
Although a majority of distressed homeowners are plagued by mortgages that far exceed the actual value of their homes, the number of homeowners with underwater mortgages is shrinking, according to...
View Article5 housing predictions from a property-level profile of underwater homeowners
The shrinking pool of underwater homeowners continues to have an important impact on the U.S. housing market specifically relating to for-sale inventory, single-family rentals, refinancing, the path of...
View ArticleMore homes for first-time buyers may soon hit market
There soon could be more homes on the market for first-time buyers as millions of homeowners realize they have enough equity to sell. Foreclosures, short sales and rising home values are freeing...
View ArticleCoreLogic: Tidal wave of underwater homes may be drying up
A week after reporting that short sales and sales of real estate owned (REO) properties this June fell to their lowest June rates since 2007, CoreLogic today released a new analysis showing that...
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