stats on foreclosures

market report for sept manatee county

This report is from Lending Processing Services (LPS) issues a monthly Mortgage Monitor which looks at several aspects of mortgage performance. We like to study this report to see what is currently taking place with delinquencies and foreclosures. The November report (which covers through October) had some very interesting information. http://kcmblog.com/2010/12/06/current-foreclosure-facts-from-lps/ Delinquency Rates All delinquency statuses… Read More

Bank of America announces that Foreclosures are back on

Bank of America today announced that the freeze on mortgage foreclosures in the 23 states that have Judicial foreclosure is lifted. That includes here in Florida. Over 100,000 new foreclosure filings will take place next week. This was probably expedited to get nervous stock holders more comfortable. Since many investors have worried that a protracted… Read More

Fannie Mae and Freddie Mac seize foreclosure files from David Sterns mill gets raided

David Sterns law practice on the east coast of Florida has been one of the biggest firms processing thousands of Florida Foreclosure cases over the past few years.  Freddie and Fannie had enough about the obvious shortcuts taken by the firm, and seized thousands of files from their office this week to review them for… Read More

Where are all the “Bank-owned” homes in Manatee County, FL?

It was front page news that the number of foreclosures filings here in Manatee County has had 5687 foreclosure filings to date this year, which is an increase from last year.  This is a lot of homes and as an active agent it made me wonder where are all the bank owned inventory? There are… Read More

Considering a short sale?

So you have to sell your home, but you owe more than it is worth. Here are your options if you have to sell. IF you would rather stay in your home, but are having trouble afford the payments a loan modification should be your first step. But if you already, Tried to modify and… Read More

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