Texas has the highest percentage of homes with positive equity, according to a new study by CoreLogic. Only 1.6 percent of the state’s homeowners with a loan owe more money than their property is.
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CoreLogic estimates that about 36,000 Dallas-area home loans were underwater in the third quarter. Home prices in North Texas are up about 10 percent this year from 2012 levels. And the number of home.
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Contents Home loans waller texas Excitement. real estate waxahachie fire department lifted 10.3 percent delinquency contents loans houston Mac home chuck hage (nmls: 129921 The vote approved the passing of Senate Joint Resolution 60, which amends Section 50, Article XVI of the Texas Constitution, which applies to the origination or refinance of a home equity loan made on.
She signed up to refinance her home and here. billion in residential mortgage servicing rights from Bank of America. That means the company is adding another 1.3 million loans to its own portfolio.
Texas also has limits on home-equity loans that helped avoid the worst of the housing crash. In 1999, the state even sued three payday lenders and won $1 million for borrowers. “Businesses that break.
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Fewer Dallas-Fort Worth residents are losing their homes. t mean that Texas’ housing market is out of the woods yet, he said. “You probably will not see the peak again, as a good portion of the.
There’s no sign of an increase in loan defaults in North Texas. "Your foreclosure numbers are non existent," said Rick Sharga, executive vice president with Ten-X, formerly Auction.com. Sharga said.
Gains in the last couple of months reversed declines in North Texas home sales early in the year. "I think lower mortgage rates are the big change," said Ted Wilson, principal with Dallas-based.
Foreclosure filings in North Texas have plunged this year because of the strong economy and rising residential values. Also, many lenders have shifted to handling problem home loans with short sales,