Foreclosure mess scares off homebuyers: Campbell/Inside Mortgage Finance

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Contents Mortgage lender sentiment survey (mlss Grave mistake" home prices rise Mistake" home prices Stay elevated. digital foreclosure mess scares off homebuyers: Campbell/Inside Mortgage Finance Mortgage lenders view Application Programming Interfaces (APIs) and Optical Character Recognition (OCR) as the top two technologies with the greatest potential to help improve or.

Current homeowners are now driving the housing market, as even investor traffic fell in June for the fourth straight month, according to Campbell/Inside Mortgage Finance. That could mean slower sales going forward, as still tight inventory keeps move-up buyers in place. That, and negative home equity." ("Investors are moving out of housing.

Foreclosure mess scares off homebuyers: Campbell/Inside Mortgage Finance The percentage of first-time homebuyers searching for a property fell to 35.7% in April, according to the latest Campbell/Inside Mortgage Finance HousingPulse Tracking Survey. First-time homebuyers comprised 43.4% of the demand market in April 2010, when the homebuyer tax credit was in place.

Reports of foreclosure disputes are sending buyers scurrying from short sales and transactions involving reo properties, on top of cancellations and delays stemming from servicing issues. Along with a reduction in the market share of foreclosure sales, fall-off in demand among investors and buyers.

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Foreclosure mess scares off homebuyers: Campbell/Inside Mortgage Finance Ocwen shared appreciation program holds redefaults steady Ocwen Financial Corp. [stock OCN][/stock] reduced principal for 18,924 mortgage borrowers as of May as part of its shared appreciation program launched one year ago.The average.Paulson Denies Rumored 4.5 % Mortgage.

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