Foreclosure Trends by the Numbers

first_img Demand Propels Home Prices Upward 2 days ago  Print This Post Foreclosure Trends by the Numbers Foreclosure propertyshark 2018-07-12 David Wharton Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Scott Morgan is a multi-award-winning journalist and editor based out of Texas. During his 11 years as a newspaper journalist, he wrote more than 4,000 published pieces. He’s been recognized for his work since 2001, and his creative writing continues to win acclaim from readers and fellow writers alike. He is also a creative writing teacher and the author of several books, from short fiction to written works about writing. Governmental Measures Target Expanded Access to Affordable Housing 2 days ago July 12, 2018 3,690 Views Servicers Navigate the Post-Pandemic World 2 days ago Share 1Save Home / Daily Dose / Foreclosure Trends by the Numbers Previous: The Headwinds Worrying Servicers Next: A Decade Unlike Any Other in Daily Dose, Featured, Foreclosure, Journal, Market Studies, Newscenter_img First-time foreclosures in New York’s Five Boroughs stagnated at it its too-high-for-comfort level, according to a recent report by PropertyShark. The city tallied 881 scheduled foreclosures in Q2, which is about where they were in Q1 and a year earlier.Foreclosure numbers have stayed near the 900 mark since the beginning of 2017 when they more than doubled compared to most of the previous three years. Most scheduled foreclosures were in the boroughs of Queens and Brooklyn, which made up about two-thirds of the cases. Queens’ 356 scheduled foreclosures amounted to a 17 percent uptick over Q1, but it was down from 388 properties a year earlier. Despite the high number of foreclosures, there was an 8 percent drop in foreclosure auctions in the borough in Q1, according to the report.Brooklyn saw 226 properties head to the auction block in the borough during the second quarter, but even with the second-most-foreclosed properties in New York City, the numbers were still down 14 percent year-over-year and down 18 percent from Q1.Foreclosure cases were up 39 percent year-over-year in Staten Island. However, fewer properties headed to the auction block compared to the first quarter of 2018. “In total, 146 homes were scheduled for auction in Q2 2018,” the report stated. That’s a 23 percent contraction quarter-over-quarter. There were 127 homes scheduled for action in Bronx in Q2, a year-over-year dip of 8 percent and a month-over-month drop of 9 percent. Meanwhile, Manhattan closed Q2 with 26 properties headed to the auction block, a 28 percent decrease both year-over-year and quarter-over-quarter.Homes entering pre-foreclosure dropped 13 percent from Q2 of 2017, the report found. There were 2,772 residential lis pendens cases, which, despite the yearly drop, was an 8 percent increase quarter-over-quarter. “In the first quarter of 2018, a total of 2,694 pre-foreclosures have been registered,” the report stated. “In Q2 2017, the city recorded 2,862 cases.”At the borough level, Queens had the most lis pendens cases in Q2, with 1,005. Brooklyn followed with 861 pre-foreclosures, then Staten Island with 378. “Year-over-year, pre-foreclosures decreased in most boroughs, the only exception being the Bronx,” the report stated. There was a 2 percent uptick there. Brooklyn recorded the largest year-over-year drop in lis pendens filings, 16 percent. Demand Propels Home Prices Upward 2 days ago About Author: Scott Morgan Tagged with: Foreclosure propertyshark Related Articles The Week Ahead: Nearing the Forbearance Exit 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago The Best Markets For Residential Property Investors 2 days ago Sign up for DS News Daily Subscribelast_img read more

Santos Calls for French Journalist’s Prompt Release

first_imgBy Dialogo May 08, 2012 In a statement on May 6, Colombian President Juan Manuel Santos called for the prompt release of French journalist Romeo Langlois, in the power of the narco-terrorist group FARC since April 28. “I’m extremely glad to know that the French journalist is in good condition. The FARC has already acknowledged that they’re holding him, and I call on them to release him as soon as possible,” Santos, who is on a visit to Singapore, said according to the statement by his office. The president stated that his administration “is willing to facilitate [the process] so that this release can take place as soon as possible, but if they really want to make a good impression on the world, they should just release him and simply tell us where he is, and we’ll go get him.” These statements follow the release of a video in which a FARC guerrilla confirms that Langlois is in the group’s power, admits that he is a French journalist, and expresses his hope that “we will soon get beyond this impasse.” Thirty-five-year-old Langlois was working on a story for the France 24 television network in the department of Caquetá (in southern Colombia) on April 28, when the Military patrol with which he was travelling was attacked by guerrillas. The journalist suffered a wound in one arm and is believed to have surrendered to the rebels, identifying himself as a civilian, according to accounts by Soldiers who were accompanying him. Four Military personnel died in the clash, and another eight were wounded. Apparently, the FARC (Revolutionary Armed Forces of Colombia) declared Langlois a “prisoner of war,” on the grounds that he was captured in combat and was wearing an Army bulletproof vest and helmet, although he is believed to have taken off those items when he surrendered. With reference to the statement, Santos asserted on May 6 that “journalists are not, cannot be, never have been prisoners of war, and therefore, hopefully they will release him very soon.”last_img read more

Do you have alignment among your leaders?

first_imgThe fact that director-level leaders and senior staff at credit unions had different perceptions of governance was evident throughout the research done for The State of CU Governance, 2018, a new report from CUES.“It surprised even us, and it should definitely concern you,” write the report authors, Michael G. Daigneault, CCD, and Jennie Boden, of CUES strategic partner Quantum Governance, Vienna, Va. “If we know one thing, it’s this: Gaps between the board and senior staff will eventually become destructive.”Notable among the different perceptions between board level and staff leaders was that while 53 percent of supervisory committee members and 44 percent of board members reported their boards were very effective at “building a culture of trust,” just 27 percent of senior staff and 25 percent of CEOs said this was true at their credit unions.Here are two key recommendations from the report for credit unions that want to close the gap:Make good governance a priority at your credit union. You can up your governance game by doing an assessment of individual directors or the whole board. You will also find help when you attend quality governance education programs, such as CUES Governance Leadership Institute™ (this year in as well as Toronto and the CUES director seminars.Work to address any gaps between board-level leaders and staff. CUES’ Center for Credit Union Board Excellence features a section about CEO/board relations, including a recent article—“Person to Person: Cultivating CEO-Director Relationships”—by CUES member Chris Shockley, president/CEO of $3.1 billion Virginia Credit Union, Richmond, Va. Of course, CUES Symposium: A CEO/Chairman Exchange—coming up later this month—is specifically designed to strengthen the bond between CUs’ two top leaders. If you haven’t been taking governance seriously at your credit union in 2017, make 2018 the year to turn things around. And if your governance is already on a good keel, ask yourself, what does the next level look like? I look forward to hearing about your efforts. 15SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,John Pembroke Since joining CUES in March 2013, John Pembroke has played a leadership role in developing and launching a new direction in CUES’ strategy, branding and culture. Under his guidance, CUES … Web: www.cues.org Detailslast_img read more

Jaw-dropping Gold Coast mansion the perfect entertainer

first_img A Florida room overlooking the water is one of its standout features. A kitchen is at the heart of the home and offers plenty of space to cook up a storm.He specialises in lifestyle design, creating resort-style homes with tropical Queensland, Asian and South Pacific influences.“I’ve always admired his work,” Mr Taylor said.“Kindly enough, Paul did a complete remodelling of the house.”“We’ve done some internal work as well but it didn’t really need a lot.”Soaring ceilings, wide windows and wood features characterise the home’s interior.It has open living areas that flow seamlessly outdoors while a Florida room is a standout feature.“We spend a lot of our time in the Florida room because it’s adjacent the river,” Mr Taylor said.“We just look across to a mangrove island.” Take a leisurely dip in the pool or swim laps. Water views will be one of the first things you’ll see every morning.It includes a Teppanyaki kitchen and opens onto a terrace with a pool.Back inside, the kitchen includes a scullery and cold room while the dining room and lounge overlook the pool.There are also two guest bedrooms with ensuites on the main floor as well as an office.More from news02:37International architect Desmond Brooks selling luxury beach villa9 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag1 day agoUpstairs, there are four more ensuited bedrooms.The main bedroom overlooks the water and features a string of luxury features, including heated tiles on the bathroom floor, a freestanding bath and dressing room.The lower level is designed for entertaining with a fully-fitted bar, games room, home theatre and gym. Keep an eye on what’s happening in the games room from the bottom of the pool. Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:51Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:51 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD576p576p432p432p270p270pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenStarting your hunt for a dream home00:51 Rectangular windows with a view from the bottom of the pool into the games room offer a unique point of difference.Mr Taylor said they loved that the home had so much to offer.“What we love about it was when our children were living at home, it was just so spacious,” he said. “And there are various areas that are different from each other.”The couple are selling to move closer to family in Brisbane.The house at 7309 Bayside Close will go under the hammer at Ray White Surfers Paradise Group’s The Event auctions on January 25. MORE NEWS: Newsreader lists Gold Coast home The Sanctuary Cove mansion at 7309 Bayside Close is going to auction later this month.IT is the type of waterfront mansion that will make the neighbours green with envy.From its street appeal to a seemingly endless list of luxury features, there is a lot to love about the Sanctuary Cove residence. An elaborate water feature with urns from Vietnam, timber and stone accents as well as tropical plants offer a picture perfect scene before stepping inside.Owners Peter and Christine Taylor enlisted friend of 25 years Paul Clout, who runs Paul Clout Designs from Noosa, to revitalise the exterior. MORE NEWS: Former Socceroo moves to QLDlast_img read more