• Search for:

• Recent Posts

  • S&P and Case-Shiller Home Price Index Shows 0.7% Drop in September
  • Home Sales Fall 25%
  • Bank Reports Highlight Growing Risks in Ginnie Mae Mortgage Pools
  • Fed’s Hoenig Hammers Housing Subsidies
  • Home Prices Expected to Slide Another 8%
  • Bank of America Resumes Foreclosures in 23 States
  • Broader Investigation into Mortgage Servicing Industry
  • CMBS Loan Delinquencies Exceed 8%
  • Double Dip in Home Prices Coming in 2011: Clear Capital
  • Tennessee Granted $10M to Fight Foreclosures

• Archives

  • November 2010
  • October 2010
  • September 2010
  • August 2010
  • July 2010
  • June 2010
  • May 2010
  • April 2010
  • March 2010
  • February 2010
  • January 2010
  • December 2009
  • November 2009
  • October 2009
  • September 2009
  • August 2009
  • July 2009
  • June 2009
  • May 2009
  • April 2009
  • March 2009
  • February 2009
  • January 2009
  • December 2008
  • November 2008
  • October 2008
  • September 2008
  • August 2008
  • July 2008
  • June 2008
  • May 2008
  • April 2008
  • March 2008
  • February 2008
  • January 2008
  • December 2007
  • November 2007
  • October 2007
  • August 2007
  • July 2007
  • June 2007
  • May 2007

Link to source

Foreclosure rates among outstanding mortgage loans in Memphis increased in March to 2.19 percent, up from 1.57 percent in March 2009, according to CoreLogic, a company that provides real estate data.

Still, Memphis was below the national foreclosure rate of 3.23 percent for March.

The rate of Memphis homeowners late in paying their mortgages is also up. In March, 10.76 percent of mortgage loans were at least 90 days delinquent compared to 8.02 percent in March 2009, according to CoreLogic.

Link to source

Comments