tag:blogger.com,1999:blog-4682504039394116318.post2326945369273891354..comments2023-11-03T06:07:46.458-07:00Comments on mortgagespy hideout: STUNNING DEFAULT NOTICE STATISTICS!!! MUST READ!Bernard Madoff Onlinehttp://www.blogger.com/profile/12309643975279737386noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-4682504039394116318.post-57819497207059528582008-04-22T16:29:00.000-07:002008-04-22T16:29:00.000-07:00Thanks for the clarification, now we are in the sa...Thanks for the clarification, now we are in the same page. I will correct the blog to have NOD instead of foreclosure. I would venture a (safe) bet that the transfer rate is 100% and not 75%. Thanks again.MTGSPYhttps://www.blogger.com/profile/07211307742618074873noreply@blogger.comtag:blogger.com,1999:blog-4682504039394116318.post-48593699116269886532008-04-22T15:59:00.000-07:002008-04-22T15:59:00.000-07:00the article talked about notices of default, which...the article talked about notices of default, which are preforeclosures. Foreclosures are the 2nd step. Then, only 2-3% sell in foreclosure and the banks buy them back and sell them (REO).<BR/><BR/>So, in CA the notices of default last month were 42k and foreclosure auction notices (real foreclosures) were 27k. NOD's are cured only 25% of the time so 75% will turn into foreclosures down the road 2-3 months. Those turn into REO if not sold. In a nutshell, homes sold in CA for Mar were 20k - ish and NOD's and foreclosures were 70k.Anonymoushttps://www.blogger.com/profile/04327195912359646836noreply@blogger.comtag:blogger.com,1999:blog-4682504039394116318.post-55865170021904965662008-04-22T14:45:00.000-07:002008-04-22T14:45:00.000-07:00what happened here? :DI looked at your blog and it...what happened here? :D<BR/><BR/>I looked at your blog and it seemed that you show 70k foreclosure, I have 113k foreclosure from the article cited which I tried compare with an approximation of 117k California existing home sales from Q1 2008. <BR/><BR/>Let me know if you think my # or sources are incorrect.MTGSPYhttps://www.blogger.com/profile/07211307742618074873noreply@blogger.comtag:blogger.com,1999:blog-4682504039394116318.post-26166030073316580932008-04-22T13:29:00.000-07:002008-04-22T13:29:00.000-07:00damnit dude - this is Mr Mortgage on my wife's put...damnit dude - this is Mr Mortgage on my wife's puter.Anonymoushttps://www.blogger.com/profile/04327195912359646836noreply@blogger.comtag:blogger.com,1999:blog-4682504039394116318.post-37064157607181289992008-04-22T13:28:00.000-07:002008-04-22T13:28:00.000-07:00NOD's are at least 65% of all the activity in the ...NOD's are at least 65% of all the activity in the Western region. <BR/><BR/>http://mrmortgage.typepad.com/blog/march-ca-foreclosure-disa.htmlAnonymoushttps://www.blogger.com/profile/04327195912359646836noreply@blogger.comtag:blogger.com,1999:blog-4682504039394116318.post-28023404138474337472008-04-22T13:27:00.000-07:002008-04-22T13:27:00.000-07:00NOD's are at least 65% of all the activity in the ...NOD's are at least 65% of all the activity in the Western region. <BR/><BR/>http://mrmortgage.typepad.com/blog/march-ca-foreclosure-disa.htmlAnonymoushttps://www.blogger.com/profile/04327195912359646836noreply@blogger.comtag:blogger.com,1999:blog-4682504039394116318.post-82147796969738662862008-04-22T13:25:00.000-07:002008-04-22T13:25:00.000-07:00NOD's are more than 65% of the total West region.h...NOD's are more than 65% of the total West region.<BR/><BR/>http://mrmortgage.typepad.com/blog/march-ca-foreclosure-disa.htmlAnonymoushttps://www.blogger.com/profile/04327195912359646836noreply@blogger.comtag:blogger.com,1999:blog-4682504039394116318.post-50698572485126759712008-04-22T13:23:00.000-07:002008-04-22T13:23:00.000-07:00the NOD's are about 65-70% in CA. http://mrmortgag...the NOD's are about 65-70% in CA. <BR/><BR/>http://mrmortgage.typepad.com/blog/march-ca-foreclosure-disa.htmlAnonymoushttps://www.blogger.com/profile/04327195912359646836noreply@blogger.com