foreclosure starts are at the highest level since 2010 & mortgage originations plunge to lowest...
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8/12/2019 Foreclosure Starts are at the Highest Level Since 2010 & Mortgage Originations Plunge to Lowest on Record Ever
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8/12/2019 Foreclosure Starts are at the Highest Level Since 2010 & Mortgage Originations Plunge to Lowest on Record Ever
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C`bmf Fenalt Hnebemnb` ]jrvnmjs
Hdmus 2; @dbe drnanebtndes, prdpjrty sb`js bei
ueijrwrntnea mrntjrnb
Hdmus 3; Odinhnmbtnde vd`uojs, pjrhdrobemj bei rnsfs
Hdmus =; Nopbmt dh MHWC rjau`btndes de hdrjm`dsurj
prdmjss
Hdmus 9; Lnal `jvj` odrtabaj obrfjt stbts bei ldoj
prnmj upibtj
Hdmus Wdnets
3
8/12/2019 Foreclosure Starts are at the Highest Level Since 2010 & Mortgage Originations Plunge to Lowest on Record Ever
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C`bmf Fenalt Hnebemnb` ]jrvnmjs
Drnanebtnde vd`uoj ns tlj `dwjst de rjmdri wntl prjpbyspjjis snaeb`nea odrj irdps ne rjhn drnanebtndes
Odetl`y sb`js wjrj jssjetnb``y h`bt yjbr dvjr yjbr, cut
trbintndeb` sb`js wjrj up b`odst 2:%
Ylj advjreojet slbrj dh drnanebtndes lbs ijmrjbsji,
`ji cy b slbrp irdp ne LBSW drnanebtndes
Mrjint stbeibris lbvj sldwe hjw snaes dh `ddsjenea,wntl vjry `ntt`j drnanebtnde bmtnvnty ne tlj `dwjst mrjint
smdrj cumfjts
Hdmus Wdnet 2; Drnanebtndes, prdpjrty sb`js beiueijrwrntnea mrntjrnb
=
8/12/2019 Foreclosure Starts are at the Highest Level Since 2010 & Mortgage Originations Plunge to Lowest on Record Ever
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C`bmf Fenalt Hnebemnb` ]jrvnmjs
Odetl`y drnanebtnde vd`uoj ns tlj `dwjst de rjmdri
9
Xnetbaj Nevjstdr
377> =.3%
3727 9.:%
3722 8.:%
3723 1.7%
372= >.7%
8/12/2019 Foreclosure Starts are at the Highest Level Since 2010 & Mortgage Originations Plunge to Lowest on Record Ever
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C`bmf Fenalt Hnebemnb` ]jrvnmjs
Wrjpbyojet spjjis snaeb` odrjirdps ne rjhnebemj rj`btji drnanebtndes
:
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C`bmf Fenalt Hnebemnb` ]jrvnmjs
Kbeubry sb`js wjrj jssjetnb``y h`bt vs. 372=, cut trbintndeb` sb`js wjrj up b`odst 2:%
8
Mbsl sb`js rjprjsjet
b`odst lb`h dh b``
trbesbmtndes
8/12/2019 Foreclosure Starts are at the Highest Level Since 2010 & Mortgage Originations Plunge to Lowest on Record Ever
http://slidepdf.com/reader/full/foreclosure-starts-are-at-the-highest-level-since-2010-mortgage-originations 7/33C`bmf Fenalt Hnebemnb` ]jrvnmjs
Ylj advjreojet slbrj dh drnanebtndes lbs ijmrjbsji,`ji cy b slbrp irdp ne LBSW drnanebtndes
1
Xnetbaj Adv„t %
377> >2%
3727 <>%
3722 <1%
3723 <9%
372= <=%
8/12/2019 Foreclosure Starts are at the Highest Level Since 2010 & Mortgage Originations Plunge to Lowest on Record Ever
http://slidepdf.com/reader/full/foreclosure-starts-are-at-the-highest-level-since-2010-mortgage-originations 8/33C`bmf Fenalt Hnebemnb` ]jrvnmjs
Yljrj ns vjry `ntt`j drnanebtnde bmtnvntyne tlj `dwjst mrjint smdrj cumfjts
<
8/12/2019 Foreclosure Starts are at the Highest Level Since 2010 & Mortgage Originations Plunge to Lowest on Record Ever
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Mrjint stbeibris lbvj sldwe hjw snaes dh `ddsjenea
>
8/12/2019 Foreclosure Starts are at the Highest Level Since 2010 & Mortgage Originations Plunge to Lowest on Record Ever
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HLB sjjfnea td nemrjbsj `jeinea td cdrrdwjrs wntl `dwjr mrjint smdrjs
27
8/12/2019 Foreclosure Starts are at the Highest Level Since 2010 & Mortgage Originations Plunge to Lowest on Record Ever
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Odinhnmbtnde bmtnvnty jeiji 372= ejbr pdst-mrnsns`dws
Ejw LBOW rjau`btndes hdr HLB `dbes ns irnvnea
nemrjbsji odinhnmbtnde bmtnvnty ne jbr`y 3729
Sj-ijhbu`t rbtjs hdr ueijrwbtjr cdrrdwjrs brj
~=7% lnaljr tlbe cdrrdwjrs wntl jqunty
Dvjr >:% dh rbtj rjiumtnde odinhnmbtndes brj
hbmnea rjsjts
Hdmus Wdnet 3; Odinhnmbtnde vd`uojs,pjrhdrobemj bei rnsfs
22
8/12/2019 Foreclosure Starts are at the Highest Level Since 2010 & Mortgage Originations Plunge to Lowest on Record Ever
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Odinhnmbtnde bmtnvnty jeiji 372=ejbr pdst-mrnsns `dw
23
Odis bmtnvnty irdppji wntl
nentnbtnde dh LBOW ‐trnb`s‟
LBOW trnb` mdevjrsnde
mbopbnae
Nop`jojetbtnde dh LBOW
‐Ynjr 3‟ Aunij`nejs
8/12/2019 Foreclosure Starts are at the Highest Level Since 2010 & Mortgage Originations Plunge to Lowest on Record Ever
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Ejw LBOW rjau`btndes hdr HLB `dbes irnvneanemrjbsji odinhnmbtnde bmtnvnty ne jbr`y 3729
2=
8/12/2019 Foreclosure Starts are at the Highest Level Since 2010 & Mortgage Originations Plunge to Lowest on Record Ever
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C`bmf Fenalt Hnebemnb` ]jrvnmjs
Sj-ijhbu`t rbtjs hdr ueijrwbtjr cdrrdwjrs brj ~=7% lnaljr de bvjrbaj
29
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8/12/2019 Foreclosure Starts are at the Highest Level Since 2010 & Mortgage Originations Plunge to Lowest on Record Ever
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C`bmf Fenalt Hnebemnb` ]jrvnmjs
Hdmus Wdnet =; Nopbmt dh MHWC rjau`btndes dehdrjm`dsurj prdmjss
28
Nop`jojetbtnde dh MHWC ru`js mbusji b slbrpslnht ne tlj tnonea dh hdrjm`dsurj stbrts
Ylj rbtnd dh sjrndus ijtjrndrbtnde td hdrjm`dsurj
stbrts ns bt tlj lnaljst `jvj` snemj 3727
Hdrjm`dsurj sb`js lnt tlj `dwjst `jvj`s snemj 3771,
puslnea pnpj`nej rbtnds cbmf up
Ylj bvjrbaj `dbe ne hdrjm`dsurj ns edw 3.8 yjbrs
pbst iuj (vs. 7.1 yjbrs ne 377<)
8/12/2019 Foreclosure Starts are at the Highest Level Since 2010 & Mortgage Originations Plunge to Lowest on Record Ever
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C`bmf Fenalt Hnebemnb` ]jrvnmjs
Nop`jojetbtnde dh MHWC ru`js mbusji bslbrp slnht ne tlj tnonea dh hdrjm`dsurj stbrts
21
8/12/2019 Foreclosure Starts are at the Highest Level Since 2010 & Mortgage Originations Plunge to Lowest on Record Ever
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C`bmf Fenalt Hnebemnb` ]jrvnmjs
Ylj rbtnd dh sjrndus ijtjrndrbtnde td hdrjm`dsurjstbrts ns bt tlj lnaljst `jvj` snemj 3727
2<
8/12/2019 Foreclosure Starts are at the Highest Level Since 2010 & Mortgage Originations Plunge to Lowest on Record Ever
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C`bmf Fenalt Hnebemnb` ]jrvnmjs
Hdrjm`dsurj sb`js lnt tlj `dwjst `jvj`ssnemj 3771, puslnea pnpj`nej rbtnds cbmf up
2>
8/12/2019 Foreclosure Starts are at the Highest Level Since 2010 & Mortgage Originations Plunge to Lowest on Record Ever
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C`bmf Fenalt Hnebemnb` ]jrvnmjs
Ylj bvjrbaj `dbe ne hdrjm`dsurj ns edw3.8 yjbrs pbst iuj (vs. 7.1 yjbrs ne 377<)
37
2377
Dr
odrj
7
Bvjrbaj ibys
pbst iuj hdr
`dbes ne HM
8/12/2019 Foreclosure Starts are at the Highest Level Since 2010 & Mortgage Originations Plunge to Lowest on Record Ever
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C`bmf Fenalt Hnebemnb` ]jrvnmjs
Hdmus Wdnet 9; Lnal `jvj` odrtabaj obrfjt stbts beildoj prnmj upibtj
32
Ij`nequjemnjs brj cj`dw 8% hdr tlj hnrst tnoj snemj“7<6 hdrjm`dsurjs idwe =9% ne tlj `bst yjbr
Ejw ^drf, Ejw Kjrsjy bei H`drnib lbvj tljlnaljst rbtjs dh sjrndus`y ij`nequjet (>7+ dr HM)`dbes
Ebtndeb` ldoj prnmjs lbvj h`bttjeji dut dvjr tlj`bst sjvjrb` odetls
Qntl instrjssji nevjetdry rjsd`utnde bei beeub`prnmj nemrjbsjs, ‐ueijrwbtjr‟ rbtjs mdetneuj tdnoprdvj
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8/12/2019 Foreclosure Starts are at the Highest Level Since 2010 & Mortgage Originations Plunge to Lowest on Record Ever
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C`bmf Fenalt Hnebemnb` ]jrvnmjs
Ejw ^drf, Ejw Kjrsjy bei H`drnib lbvj tlj lnaljstrbtjs dh sjrndus`y ij`nequjet (>7+ dr HM) `dbes
3=
27%
Dr
odrj
7
Wjrmjet
>7+ drHdrjm`dsurj
8/12/2019 Foreclosure Starts are at the Highest Level Since 2010 & Mortgage Originations Plunge to Lowest on Record Ever
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C`bmf Fenalt Hnebemnb` ]jrvnmjs
Ebtndeb` ldoj prnmjs lbvj h`bttjeji dutdvjr tlj `bst sjvjrb` odetls
39
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C`bmf Fenalt Hnebemnb` ]jrvnmjs
Qntl instrjssji nevjetdry rjsd`utnde bei prnmjnemrjbsjs, ‐ueijrwbtjr‟ rbtjs mdetneuj td noprdvj
3:
8/12/2019 Foreclosure Starts are at the Highest Level Since 2010 & Mortgage Originations Plunge to Lowest on Record Ever
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C`bmf Fenalt Hnebemnb` ]jrvnmjsC`bmf Fenalt Hnebemnb` ]jrvnmjs
CFH] Odrtabaj Odentdr
Bppjeinx
Ibtb bs dh Hjcrubry, 3729 Odetl-jei
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C`bmf Fenalt Hnebemnb` ]jrvnmjs
Hjcrubry 3729 Ibtb ]uoobry
31
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C`bmf Fenalt Hnebemnb` ]jrvnmjs
]jvje dh tlj tdp 27 stbtjs hdr tdtb` ede-murrjet brj kuinmnb`
3<
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C`bmf Fenalt Hnebemnb` ]jrvnmjs
@dbe mduets beibvjrbaj ibys ij`nequjet
3>
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C`bmf Fenalt Hnebemnb` ]jrvnmjsC`bmf Fenalt Hnebemnb` ]jrvnmjs
CFH] Odrtabaj Odentdr
Insm`dsurjs; Wrdiumt / Ojtrnm Ijhnentndes bei Obrfjt ]nznea
8/12/2019 Foreclosure Starts are at the Highest Level Since 2010 & Mortgage Originations Plunge to Lowest on Record Ever
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C`bmf Fenalt Hnebemnb` ]jrvnmjs
Insm`dsurj Wbaj; Wrdiumt Ijhnentndes
*Mdehdronea `nonts id edt bmmduet hdr tjopdrbry dr lnal-mdst brjb
nemrjbsjs.
=2
8/12/2019 Foreclosure Starts are at the Highest Level Since 2010 & Mortgage Originations Plunge to Lowest on Record Ever
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C`bmf Fenalt Hnebemnb` ]jrvnmjs
Insm`dsurj Wbaj; Ojtrnms Ijhnentndes
Ydtb` Bmtnvj Mduet; B`` bmtnvj `dbes bs dh odetl-jei nem`uinea `dbes ne bey stbtj dhij`nequjemy dr hdrjm`dsurj. Wdst-sb`j `dbes bei `dbes ne SJD brj jxm`uiji hrdo tlj tdtb`bmtnvj mduet.
Ij`nequjemy ]tbtusjs (=7, 87, >7+, jtm); B`` ij`nequjemy stbtusjs brj mb`mu`btji usneatlj OCB ojtldid`day cbsji de tlj pbyojet iuj ibtj prdvniji cy tlj sjrvnmjr. @dbes nehdrjm`dsurj brj rjpdrtji sjpbrbtj`y bei brj edt nem`uiji ne tlj OCB ibys ij`nequjet.
>7 Iby Ijhbu`ts; @dbes tlbt wjrj `jss tlbe >7 ibys ij`nequjet ne tlj prndr odetl bei
wjrj >7 ibys ij`nequjet, cut edt ne hdrjm`dsurj, ne tlj murrjet odetl. Hdrjm`dsurj Nevjetdry; Ylj sjrvnmjr lbs rjhjrrji tlj `dbe td be bttdrejy hdr
hdrjm`dsurj. @dbes rjobne ne hdrjm`dsurj nevjetdry hrdo rjhjrrb` td sb`j.
Hdrjm`dsurj ]tbrts ” Bey bmtnvj `dbe tlbt wbs edt ne hdrjm`dsurj ne tlj prndr odetl tlbtodvjs netd hdrjm`dsurj nevjetdry ne tlj murrjet odetl.
Ede-Murrjet; @dbes ne bey stbaj dh ij`nequjemy dr hdrjm`dsurj.
Hdrjm`dsurj ]b`j / Ejw SJD; Bey `dbe tlbt wbs ne hdrjm`dsurj ne tlj prndr odetl tlbtodvjs netd pdst-sb`j stbtus dr ns h`baaji bs b hdrjm`dsurj `nqunibtnde.
SJD; Ylj `dbe ns ne pdst-sb`j hdrjm`dsurj stbtus. @nstnea stbtus ns edt b mdesnijrbtnde,tlns nem`uijs b`` prdpjrtnjs de bei dhh tlj obrfjt.
Ijtjrndrbtnde Sbtnd; Ylj rbtnd dh tlj pjrmjetbaj dh `dbes ijtjrndrbtnea ne ij`nequjemystbtus vs. tldsj noprdvnea.
=3
8/12/2019 Foreclosure Starts are at the Highest Level Since 2010 & Mortgage Originations Plunge to Lowest on Record Ever
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Insm`dsurj Wbaj; Jxtrbpd`btnde Ojtldid`day
Odrtabaj stbtnstnms brj smb`ji td jstnobtj tlj tdtb` obrfjtpjrhdrobemj cbsji de mdvjrbaj wntlne tlj OmIbsl ibtbcbsj.
Ylj hd``dwnea tbc`j mdetbnes nehdrobtnde de obrfjt mdvjrbaj cy
prdiumt bs dh Kuej 37236 jxtrbpd`btndes b`sd nem`uij bikustojets
hdr vnetbaj bei bs dh ibtj. Biintndeb` nehdrobtnde ns bvbn`bc`j
upde rjqujst.
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