Corelogic
Corelogic Articles
Earlier this week, President Obama announced he would extend the mortgage refinancing program in an effort to provide relief to homeowners whose mortgages are worth more than the value of their...
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A Washington Post/ABC poll showed Obama’s ratings on the economy hit a low. (Reuters) Steve Jobs of Apple (NASDAQ: AAPL) introduced the company’s new iCloud product. (Reuters) Wall St. stocks hit...
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Just over 11 million homes had underwater mortgages at the end of the final quarter of 2010. The precise figure is 11.1 million, which represents 23.1% of all properties with a mortgage. The value of...
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Investors are concerned about whether Wal-Mart’s (NYSE: WMT) US store division has grown. (Reuters) Moody’s cut its outlook on Japan to negative due to concerns about whether government...
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Underwater mortgages are a serious problem affecting the economy, but much of the conventional wisdom about the issue makes no sense. For instance, no one is quite sure how many mortgages are...
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Fewer homes had underwater mortgages in the third quarter. The trend means little if anything to current homeowners and potential buyers. “CoreLogic reports that 10.8 million, or 22.5 percent, of...
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Verdict: Very Bad Shadow inventory of unsold homes jumped in the month of August, according to CoreLogic “CoreLogic estimates shadow inventory, sometimes called pending supply, by calculating the...
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The rich are not selling their homes because they cannot find buyers. So like the rest of the 11 million US mortgage holders in the US with underwater mortgages, they are walking away from their...
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