Loan Performance Improves, Foreclosure Starts Down, LPS Reports

Across the board, loan performance improved for February, and foreclosure starts were down compared to the month before in January, according to a report from LPS Applied Analytics. Despite the decrease in foreclosure starts, foreclosure inventory still remains near historic highs, while delinquency rates are at their lowest level since August 2008, LPS reported. Foreclosure …

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Bolsa Chica Conservancy Service Day

Last Saturday of the month – January 28th Conservancy Interpretive Center | 3842 Warner Avenue, Huntington Beach | 714-846-1114 Enjoy the great outdoors while helping to restore the Bolsa Chica Wetlands! A monthly service day every last Saturday of each month. Service includes restoration of native plant communities through non-native plant removal, and cleanup efforts. …

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Home Prices Down in 2011, but Market Stability Forecast for 2012

While year-over-year home price measurements notched down in 2011, prices are expected to see a slight uptick in 2012, according to Clear Capital. Should the valuation company’s predictions ring true, it would be the first time since 2006 that the change in annual home prices has landed in positive territory. Data released by Clear Capital …

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GSEs’ Long Run of Declining Delinquencies Comes to an End

For the first time in over a year neither Fannie Mae nor Freddie Mac are showing any downward movement in their seriously delinquent mortgage rates. Fannie’s percentage of single-family loans at least three payments past due remained unchanged between the months of June and July at 4.08 percent, according to the latest monthly summary report …

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