January 2016 Lee County Fl Foreclosure Trend Report from the SWFL REIA

The better it gets, the better it gets!

 

January 2016 Lee County Fl Foreclosure Trend January 2016 Lee County Fl Foreclosure Trend January 2016 Lee County Fl Foreclosure Trend

 

Lis Pendens:

—January 2016: 80 Mortgage related Lis Pendens.

—December 2015: 108 Mortgage related Lis Pendens.

—January 2015: 110 Mortgage related Lis Pendens.

Certificates of Title:

—January 2016: 147 Certificates of Title were conveyed.

—December 2015: 92 Certificates of Title were conveyed.

—January 2015: 297 Certificates of Title were conveyed.

Top Ten Lis Pendens filers:

BANK OF AMERICA NA 8 10.00%
U S BANK NATIONAL ASSOCIATION TRUSTEE 7 8.75%
DEUTSCHE BANK NATIONAL TRUST COMPANY TRUSTEE 6 7.50%
NATIONSTAR MORTGAGE LLC 5 6.25%
FEDERAL NATIONAL MORTGAGE ASSOCIATION 5 6.25%
WELLS FARGO BANK NA 5 6.25%
CIT BANK NA 3 3.75%
FIRST AMERICAN BANK 3 3.75%
BANK OF NEW YORK MELLON 2 2.50%
FIFTH THIRD MORTGAGE COMPANY 2 2.50%

 

Top Ten Certificates of Title:

FEDERAL NATIONAL MORTGAGE ASSOCIATION 21 14.29%
PELICAN LANDING TIMESHARE VENTURES LIMITED PARTNERSHIP 6 4.08%
BANK OF NEW YORK MELLON 6 4.08%
US BANK NATIONAL ASSOCIATION TRUSTEE 4 2.72%
REO RECOVERY LAWYERS LLC 4 2.72%
DEUTSCHE BANK NATIONAL TRUST COMPANY TRUSTEE 4 2.72%
U.S. BANK NATIONAL ASSOCIATION TRUSTEE 3 2.04%
NATIONSTAR MORTGAGE LLC 3 2.04%
FEDERAL HOME LOAN MORTGAGE CORPORATION 3 2.04%
WILMINGTON SAVINGS FUND SOCIETY TRUSTEE 2 1.36%

 

Top Ten Certificates of Title for Non Banks:

SURFRIDER PROPERTIES LLC 2 1.36%
SOURPEA LLC 2 1.36%
RYW LLC 2 1.36%
NEW ENGLAND REALTY OF CAPE CORAL INC 2 1.36%
INTERNATIONAL CAPITAL INVESTMENT COMPANY III 2 1.36%
DESOTO HOLDINGS INC 2 1.36%
WILLIAMSON ROBERT T 1 0.68%
WESCOTT PROPERTIES LLC 1 0.68%
WENDOVER FINANCIAL SERVICES 1 0.68%
WEINBERG LAWRENCE 1 0.68%

 

Notes:

—More of the same…

—We had a month over month decrease and a year over year decrease.

—The top ten Lis Pendens filers (National Lending entities) represent 57.50  percent of the filings.

—BOA was number 1 in filings

Upcoming Event!

—SWFL REIA MONTHLY LUNCHEONS

—When: 2/4/16

—Topic: Unlicensed Activity and Title: How much of a Title Interest is enough for Exemption from Licensing?

—Presenter: Bradley Butcher, Esq, Butcher & Associates, P.L

—Location: Pinchers Crab Shack the Marina at Edison Ford

—Address: 2360 W 1st St Fort Myers, FL

—Time: 11:00 AM to 1:00 PM

—From 11:15 to 12:00 there will be time for lunch and networking.

—The formal part of the meeting will start at 12:00

—For SWFL REIA members your cost is your lunch only.

—Non Members are $20.00

click here for more information