Bank repossessions up 66% in third quarter from 3Q14

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Bank repossessions up 66% in third quarter from 3Q14 Foreclosure starts down 14% to 10-year low

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During the first quarter, the company took write-downs on $94 million in portfolio loans that reclassified as held-for-sale. Nonperforming assets — including nonaccrual loans and repossessed.

Bank repossessions, the final stage of the foreclosure process, jumped 66 percent year over year in the third quarter of this year, according to RealtyTrac, a foreclosure sales and analytics company. It’s the largest annual rise ever recorded in bank repossessions by RealtyTrac. More than 123,000 homes went back to the bank in just three months.

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Bank repossessions up 66% in third quarter from 3Q14 Looks like it’s time to start buying from banks again. There was a total of 327,258 properties with foreclosure filings in the third quarter of 2015, down 5% from the previous quarter but up 3% from the third quarter of 2014.

Nine months’ core net profit up 11% year-on-year to S$2.94 billion Singapore, 28 October 2015 – Oversea-Chinese Banking Corporation Limited ("OCBC Bank") reported a net profit after tax of S$902 million for the third quarter of 2015 ("3Q15"), lower as compared to S$1.23 billion a year ago ("3Q14").

Freddie extends mortgage forbearance for unemployed Fannie Mae and Freddie Mac unemployment forbearance program. – Fannie Mae and Freddie Mac have enhanced their Unemployment Forbearance program for homeowners who have lost their jobs. It is a proactive approach that is offered to the unemployed who are struggling with keeping up with their home loan payments. The new regulations allow mortgage servicers to provide up to six months of suspended or reduced.

Bank repossessions up 66% in third quarter from 3Q14 – There was a total of 327,258 U.S. properties with foreclosure filings – default notices, scheduled auctions and bank repossessions – in the third. "In fact, given the dire shortage of homes for.

As long as the debt on real estate is excessive and capital is tied up in. Bank repossessions up 66% in third quarter from 3Q14. There was a.

Bank repossessions up 66% in third quarter from 3Q14 Factors that could cause or contribute to such differences include, but are not limited to: the level of market volatility, our ability to execute our growth strategy, including the availability of.