Irvine Newswire

Irvine Newswire

Comprehensive Real-Time News Feed for Irvine, CA.

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  1. Southwest Florida Foreclosures FallRead the original story w/Photo

    Thursday Oct 13 | National Mortgage News

    Foreclosures fell by more than a third in Collier County and a fifth in Lee County in the third quarter from a year earlier, a new report says. "Southwest Florida is no longer the epicenter of foreclosure activity nationwide," said Daren Blomquist, vice president of Attom Data Solutions, an Irvine, Calif.-based housing data research firm.


  2. Do Major League Stadiums Help or Hurt Housing Markets?Read the original story w/Photo

    Tuesday Sep 27 | National Mortgage News

    The jury is still out on whether new sports stadiums are economic engines for their communities. But when it comes to housing alone, new stadiums are a boon for local home sales, but don't always contribute to home price appreciation.


  3. Data Aggregator Reporting HOA Payments to EquifaxRead the original story w/Photo

    Tuesday Sep 27 | National Mortgage News

    Sperlonga Data & Analytics, a company that specializes in aggregating nonstandard credit data sources, has begun reporting homeowner and condominium association payments and account statuses to Equifax. Sperlonga will report HOA assessment data for each property owner within associations that sign up for the service, the Irvine, Calif.-based company said Tuesday.


  4. Florida Still the Leads the Country in Mortgage Fraud RiskRead the original story w/Photo

    Sep 22, 2016 | National Mortgage News

    Mortgage fraud rose nationwide as Florida continued its reign as the state with the highest overall risk for unscrupulous activity, according to data released by CoreLogic. Fraud rose year-over-year by 3.9% as of the end of the second quarter, according to the Irvine, Calif.-based company.


  5. Orange County Home Prices Up as Sales Boom in AugustRead the original story w/Photo

    Sep 21, 2016 | National Mortgage News

    Strong job growth, low interest rates and too few listings continue to stoke homebuyer demand in Orange County and across Southern California, driving up prices and boosting sales, housing market watcher CoreLogic reported. Homebuying soared 14.5 percent in August, rising year over year to 3,633 transactions.


  6. New Foreclosure Cases Up 6% in South FloridaRead the original story w/Photo

    Sep 20, 2016 | National Mortgage News

    New foreclosure cases increased 6% in South Florida over the past six months, though that's not necessarily a sign of another housing market decline, according to a real estate research firm. Palm Beach, Broward and Miami-Dade counties had 7,354 new cases from March through August, compared with 6,934 during the same period of 2015, according to a report from ATTOM Data Solutions, of Irvine, Calif.


  7. Impac Mortgage Holdings Plans $39M Stock OfferingRead the original story w/Photo

    Sep 16, 2016 | National Mortgage News

    The Irvine, Calif.-based company plans to sell 3 million shares at a price of $13 per share. Impac's gross proceeds from the offering are expected to come in at $39 million before underwriter discounts, commissions and estimated expenses.


  8. South Florida's 'Zombie' Foreclosures Fall 20% in 3QRead the original story w/Photo

    Sep 13, 2016 | National Mortgage News

    Distressed homes known as "zombie" foreclosures have declined sharply in South Florida over the past two years, according to a recent report. As of the third quarter, there were 694 vacant homes in some stage of foreclosure in the tricounty region, down 20% year over year, ATTOM Data Solutions said.


  9. Zombies Decline in Southwest FloridaRead the original story w/Photo

    Sep 8, 2016 | National Mortgage News

    A new report by ATTOM Data Solutions shows the number of vacant homes in the foreclosure process - known as zombie homes - fell to 13 in Collier County and 62 in Lee County in the third quarter. In Collier County, the quarter-over-quarter drop was 27.8 percent and year-over-year decline 18.8 percent.


  10. Home Prices Should Increase Over Next 12 Months: CoreLogicRead the original story w/Photo

    Sep 6, 2016 | National Mortgage News

    Home prices rose again year over year in July and are expected to do the same this time next year, according to CoreLogic. CoreLogic's Home Price Index recorded a 6% year-over-year increase and a 1.1% month-over-month uptick in July, the Irvine, Calif.-based company reported Tuesday.


  11. LoanDepot Closes $150M Debt TransactionRead the original story w/Photo

    Aug 17, 2016 | National Mortgage News

    The transaction closed Aug. 9, the Irvine, Calif.-based company said in a news release Wednesday. LoanDepot plans to use the proceeds for investments in technology and product development and to boost its balance sheet leverage for certain loan asset holdings.


  12. Home Prices Rise 6% on Lower End Growth: CoreLogicRead the original story w/Photo

    Aug 2, 2016 | National Mortgage News

    Home prices continued their upward climb in June as properties at the lower end experienced higher levels of appreciation, according to CoreLogic. In June, prices rose by 5.7% year over year and by 1.1% from May, CoreLogic reported Tuesday in its Home Price Index report.


  13. Albuquerque Foreclosure Rate Continues to DeclineRead the original story w/Photo

    Aug 1, 2016 | National Mortgage News

    Another month and another drop was recorded in the Albuquerque metro area's foreclosure rate, according to the May 2016 report by Irvine, Calif.-based CoreLogic. Data from CoreLogic show that the rate of foreclosures among outstanding mortgage loans was 1.80 percent for May 2016, compared to the previous year, when the rate was 2.31 percent.


  14. Impac's Earnings Dragged Down by MSR LossesRead the original story w/Photo

    Jul 29, 2016 | National Mortgage News

    Impac Mortgage Holdings reported a year-over-year drop in net income during the second quarter as a more substantial loss on mortgage servicing rights and costs related to the CashCall Mortgage merger weighed on earnings. The Irvine, Calif.-based company's net income fell 27% from the second quarter of 2015, to $12.3 million.


  15. San Joaquin County Foreclosure Activity Continues to SlowRead the original story w/Photo

    Jul 20, 2016 | National Mortgage News

    San Joaquin County, Calif., foreclosure activity continued to slow in the first six months of the year, with related legal filings down nearly 15% from the preceding six months and more than 9% lower than the first half of 2015, RealtyTrac Inc. reported. Through June 30 this year, the Irvine, Calif.-based real estate data company tallied in the county 1,128 foreclosure-related filings - notices of default or trustee sales or bank repossessions - compared to 1,246 in the first half of 2015.


  16. RealtyTrac Parent Rebranded as Attom Data SolutionsRead the original story w/Photo

    Jul 19, 2016 | National Mortgage News

    "The name came from the concept that the property data that we've been collecting and enhancing over the last couple of years; we use the periodic table of elements as a metaphor," said Rob Barber, CEO of RealtyTrac, now known as Attom Data Solutions. RealtyTrac has rebranded its parent company Attom Data Solutions alongside the launch of a new property database called the Attom Data Warehouse.


  17. Former Attorney Pleads Guilty in Mortgage Fraud SchemeRead the original story w/Photo

    Jun 28, 2016 | National Mortgage News

    A former attorney from Irvine, Calif., pleaded guilty Monday to being involved in mortgage fraud scheme that cost thousands of victims about $6 million. Ronald Rodis, 51, admitted that he participated in a scheme with multiple others to coax homeowners into paying between $3,500 and $5,500 for services from a group called the Rodis Law Group, according to the United States Attorney's Office.


  18. Marin Median Home Price Hits All-Time High of $1.2MRead the original story w/Photo

    Jun 24, 2016 | National Mortgage News

    The median price of a Marin County, Calif., home jumped to a record high $1.2 million last month, up 8% from the previous May, a real estate information service reported Wednesday. The upsurge in the price of resale single-family homes was reflected in every Bay Area county except San Mateo, where prices remained flat, according to Irvine, Calif.-based CoreLogic.


  19. Southwest Florida Foreclosures Fall in MayRead the original story w/Photo

    Jun 17, 2016 | National Mortgage News

    Overall, foreclosures in Collier County dropped 23 percent, to 138 from 179, according to Irvine, Calif.-based research firm RealtyTrac. That's roughly in line with national trends that show foreclosures dropping 21 percent, to 100,841 from 126,868.


  20. Foreclosure Inventory Falls Again in April: CoreLogicRead the original story w/Photo

    Jun 14, 2016 | National Mortgage News

    Foreclosure inventory nationwide fell again in April from a year ago, according to CoreLogic's April 2016 National Foreclosure Report. The Irvine, Calif.-based company reported that the national foreclosure inventory in April was 406,000 homes, or 1.1% of all homes with a mortgage, down 23.8% from a year ago.


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