Distressed

Karen Stratton doesn't cry often. But the Spokane, Wash., councilwoman teared up last week as she looked out on the High Drive Conservation Area from her late aunt's home on South Maple Boulevard.

The 60-day-plus mortgage borrower delinquency rate dropped to the lowest point since the recession suggesting that there is still room to broaden credit.

The numbers tantalize leery minds: Housing prices, population growth and job creation in Southern Nevada all rebounded from the Great Recession over the past few years.

Distressed home sales in the North Port-Sarasota-Bradenton, Fla., metropolitan area during the third quarter accounted for 11% of the residential real estate market.

Serious delinquencies on Federal Housing Administration loans popular among first-time home buyers with affordability constraints have improved this year, but may be reaching a plateau.

Renita Barbee has begun packing up the belongings in her rented South Los Angeles home. She was trying hard to hold her composure as she told her story the other day.

As is the case with most communities across Western New York, Lockport has its share of "zombie" properties.

Aside from shutting off water to Detroit residents, no public policy draws so much criticism as the annual Wayne County auction of tax-foreclosed properties.

The new tool tracks both serious and general delinquencies down to a county level and features interactive charts and graphs.

There's a handful of zombies out there threatening to wreck your neighborhood or at least create a frightful landscaping nightmare next door.

Credit Suisse's plan for consumer relief in a multibillion-dollar Department of Justice settlement related to residential mortgage-backed securities could reduce the costs involved, according to the settlement monitor's first report.

The zombies are still haunting the Southwest Florida housing market, but they are taking a smaller bite.

Nearly 1.4 million residential properties were vacant as of the end of the third quarter, representing 1.58% of all U.S. residential properties, according to Attom Data Solutions.

The deal, known as Bayview Opportunity Master Fund IVb Trust 2017-RT6, pools 2,745 current loans, of which nearly 58% have been clean for at least two years, and 55.2% have been modified.

The Worcester City Council has asked the city administration to identify affordable housing that might exist for people resettling here from hurricane-battered Puerto Rico and the U.S. Virgin Islands.

The Federal Housing Administration has extended waivers on timelines for disaster-related re-inspections to properties in Puerto Rico affected by Hurricane Maria as well as other properties impacted by California wildfires.

While foreclosure activity is a whisper of what it was at the peak of the crisis six years ago, Shasta County, Calif., had the third-highest foreclosure rate in California in the third quarter of 2017.

Fannie Mae is putting more than $2 billion in reperforming loans up for bid and also marketing a smaller package of more than $1 billion in nonperforming loans.

U.S. foreclosure activity dropped to a low not seen since 2006, according to Attom Data Solutions.

It's been years since the Bay Area housing market began its dramatic, post-recession appreciation in prices, and delinquency rates for home loans keep falling across the region.