Entries by Selma Hepp

Foreclosing on 2010

New problem loans continue to improve; all states are showing significant 12-month declines in new seriously delinquent loan inventory and a 38 percent annual decline nationally. Palm Coast, FL – April 11, 2011 – Last year was a rather volatile one for the economy. While the economy did improve, unemployment remained at elevated levels. Housing […]

Home Ownership Matters: Home Ownership and Parenting

What is the impact of home ownership vs. renting on children? Palm Coast, FL – October 21, 2010 – The impact of home ownership on children has been documented in numerous academic studies, many of which have found that home ownership has a wide range of positive effects. The positive outcomes include: better health; fewer […]

National Delinquency Survey and Shadow Inventory

National Delinquency Survey shows a total of around 6.4 million first-lien loans in some stage of delinquency. Palm Coast, FL – October 16, 2010 – The Mortgage Bankers Association’s National Delinquency Survey (NDS), which was first conducted in 1953, looks at 46 million loans on one-to-four-unit residential properties, representing over 80 percent of all "first-lien" […]