Breaking Away From the Negative Equity Trap

first_img in Daily Dose, Featured, Market Studies, News  Print This Post Data Provider Black Knight to Acquire Top of Mind 2 days ago Previous: Who are the Industry’s Top Leaders? Next: Industry Pulse: Updates on Auction.com, Radian, and More … The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Share Save Tagged with: CoreLogic Delinquencies Foreclosure Frank Nothaft Homeownership Negative Equity Sign up for DS News Daily Servicers Navigate the Post-Pandemic World 2 days ago Donna Joseph is a Dallas-based writer who covers technology, HR best practices, and a mix of lifestyle topics. She is a seasoned PR professional with an extensive background in content creation and corporate communications. Joseph holds a B.A. in Sociology and M.A. in Mass Communication, both from the University of Bangalore, India. She is currently working on two books, both dealing with women-centric issues prevalent in oppressive as well as progressive societies. She can be reached at [email protected]estar.com. CoreLogic Delinquencies Foreclosure Frank Nothaft Homeownership Negative Equity 2018-12-06 Donna Joseph Data Provider Black Knight to Acquire Top of Mind 2 days ago Equity for U.S. mortgage holders has increased by nearly $775. 2 billion (or 9.4 percent) since the Q3 2017, according to an analysis by CoreLogic.The analysis indicated that homeowners are breaking away from the negative equity trap. It reflected a decrease in negative equity of total mortgaged residential properties by 4 percent in 2018, compared to 4.1 percent the previous year. Compared to the third quarter of 2017, negative equity decreased 16 percent from 2.6 million homes, or 5 percent of all mortgaged properties.According to the CoreLogic, at the end of the third quarter of 2018, the national aggregate of negative equity recorded an approximate of $281.6 billion—a drop every quarter by approximately $1.1 billion, from $280.5 billion in the second quarter of 2018. Compare this to 2009, negative equity peaked at 26 percent of mortgaged residential properties. Nationally, the average homeowner gained approximately $12,400 in equity during the past year, with California recording the highest year-over-year average increase at $36,500. At the metropolitan level, negative equity continues to improve across the country, with the exception of Miami-Miami Beach and Kendall-Florida, at 11.2 percent year over year, the report found.“The number of homes in a negative equity position has remained around 2.2 million for two consecutive quarters this year. Without equity, those homeowners are unable to sell their homes and are more likely to transition from delinquency to foreclosures if they face financial distress,” said Frank Nothaft, Chief Economist at CoreLogic. Demand Propels Home Prices Upward 2 days ago Demand Propels Home Prices Upward 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Home / Daily Dose / Breaking Away From the Negative Equity Trap About Author: Donna Joseph Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago Related Articles December 6, 2018 1,264 Views Breaking Away From the Negative Equity Trap Subscribelast_img read more

Culturalist Challenge! Rank the Best Patti LuPone Roles of All Time

first_img STEP 2—RANK: Reorder your 10 choices by dragging them into the correct spot on your list. Click the “continue” button. Last week, we asked you to name the best song in The Last Five Years movie (we know, we’re so cruel). You guys voted “Still Hurting” as the clear winner! This week, in honor of Tony winner Patti LuPone’s forthcoming return to the New York stage in Shows For Days, we want you to rank her many notable theater, film and TV appearances. Yes, with Gypsy, Sweeney Todd, 30 Rock and Will and Grace on there, we know this is the toughest challenge yet. Broadway.com news reporter Ryan McPhee posted his list of top 10 picks here! Broadway.com is crazy about Culturalist, the awesome site that lets you choose and rank your own top 10 lists. Every week, we’re challenging you with a new Broadway-themed topic to rank—we’ll announce the most popular choices on the new episode of The Broadway.com Show every Wednesday. STEP 3—PREVIEW: You will now see your complete top 10 list. If you like it, click the “publish” button. (If you don’t have a Culturalist account yet, you will be asked to create one at this point.) Pick your favorites, then tune in for the results on the next episode of The Broadway.com Show!center_img Once your list is published, you can see the overall rankings of everyone on the aggregate list. STEP 1—SELECT: Visit Culturalist to see all of your options. Highlight your 10 favorites and click the “continue” button. View Commentslast_img read more