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REPORT: TWO MORE MARKETS REACH FULL RECOVERY Your borrowers are waiting for this call. Resolving homeownership issues begin with borrower contact and communication. Resolve leads the industry in both borrower outreach and borrower contact success. Resolve's multiple borrower contact strategies have been developed and proven over the last 30 years and lead the industry in effective right party contact. Our skilled team re-establishes open communication so that mutually acceptable options can be discussed and successfully implemented. Resolve Solution Services Corporation: Minority Owned Small Business SAS 70 Type II Certified Fully licensed Debt Collector nationwide FDCPA Certified and compliant Decades of success in mortgage loan servicing Resolve's loss mitigation efforts lead the industry: » » » » » » » » » » » » » Re-establishing Borrower Communication Live phone transfers to your staff Multi-tier Skip Tracing Door Knock Services Loan Modification Document Completion Short Sale Facilitation Deed-in-lieu Programs Cash-for-keys Programs Pre-foreclosure Auctions Charge Off Collection Borrower Informational Interviews Completing Borrower Budget Forms Occupancy Verifications mnewell@resolvessc.com || 214.334.2268 34 Housing markets across the country continue to show improvement. Two more markets joined the list of fully recovered housing markets across the country, bringing the number to 16 as of the end of May, according to a recent Homes.com Rebound Report. Also, 38 markets are at least 50 percent recovered, meaning prices in these markets have regained at least half the value they lost during the recession. Several markets are more than fully recovered, and in fact, five markets have rebounded more than 200 percent since the recession. Four of the top five markets demonstrating the strongest rebounds are in Texas. San Antonio, Houston, and Austin top the list with rebounds of 227 percent, 218 percent, and 214 percent, respectively. The market that has rebounded the least since the recession is Providence-New BedfordFall River which straddles Rhode Island and Massachusetts. Other markets in the bottom 10 on Homes. com's rebound index are located in Florida, California, and Connecticut, and Nevada. Homes.com also released its Local Market Index recently, revealing a decrease in the number of markets demonstrating monthly price increases in May. Home prices increased in 95 of the top 100 markets in May, a slight disappointment following April's impressive roster of price improvements in all 100 markets. Honolulu saw the greatest monthly price appreciation in May—a gain of 4.64 index points. Honolulu also posted the greatest yearover-year increase, with prices experiencing a 23.6 index-point increase. Other markets on the Homes.com list of markets with the greatest annual appreciation include Los Angeles with a 20.57 index-point gain, San Francisco with a 19.91 index-point increase, and Salt Lake City with an 18.16 point increase. KNOW THIS The Census Bureau lowered its projections for annual population growth to an average of 0.8% between 2012 and 2025.