Where does the October 2018 Foreclosure report for Lee County come from?
We download from public records and trend with Microsoft Excel. We have been doing this since 2007. This report has value because it is a leading indicator of bank-owned homes coming to market.
Compiled and analyzed by Jeff Tumbarello.
Foreclosure report for Lee County: Trends at a glance.
Lis Pendens:
- October 2018: 91 Mortgage related Lis Pendens.
- September 2018: 79 Mortgage related Lis Pendens.
- October 2017: 19 Mortgage related Lis Pendens.
Certificates of Title:
- October 2018: 68 Certificates of Title were conveyed.
- September 2018: 49 Certificates of Title were conveyed.
- October 2017: 22 Certificates of Title were conveyed.
Foreclosure report for Lee County: Chart Metrics.
Foreclosure report for Lee County: Top Ten Mortgage-Related Lis Pendens Filers.
|
BANK OF AMERICA N A |
5 | 5.49% |
|
JPMORGAN CHASE BANK NATIONAL ASSOCIATION |
5 | 5.49% |
|
WELLS FARGO BANK N A |
5 |
5.49% |
| LOANDEPOT.COM LLC | 4 |
4.40% |
|
WELLS FARGO BANK NA |
4 | 4.40% |
| BANK OF NEW YORK MELLON | 3 |
3.30% |
|
DITECH FINANCIAL LLC |
3 |
3.30% |
|
NATIONSTAR MORTGAGE LLC |
3 | 3.30% |
|
FEDERAL NATIONAL MORTGAGE ASSOCIATION |
2 |
2.20% |
|
LAKEVIEW LOAN SERVICING LLC |
2 |
2.20% |
Foreclosure report for Lee County: Top Ten Entities for Certificates of Title.
|
FEDERAL NATIONAL MORTGAGE ASSOCIATION |
6 |
12.24% |
|
BANK OF NEW YORK MELLON |
4 |
8.16% |
|
HURRICANE HOUSE CONDOMINIUM ASSOCIATION INC |
3 |
6.12% |
|
CALIFORNIA LAW GROUP LLC |
2 | 4.08% |
|
DEUTSCHE BANK NATIONAL TRUST COMPANY TRUSTEE |
2 | 4.08% |
| SEAWATCH ON-THE-BEACH CONDOMINIUM ASSOCIATION INC |
2 |
4.08% |
|
TORTUGA BEACH CLUB CONDOMINIUM ASSOCIATION INC |
2 |
4.08% |
|
US BANK NATIONAL ASSOCIATION TRUSTEE |
2 | 4.08% |
|
JOTCAR INC |
1 |
2.04% |
|
BANK OF NEW YORK MELLON TRUSTEE |
1 |
2.04% |
Foreclosure report for Lee County: Notes.
- The trend from the Irma disruption has returned to “normal” (that is the worst word to ever use in relation to real estate stats…)
- The current trend of the distressed market NOT being the primary (last cycle) driver will continue.
- The current filings appear to be the following factors.
- Old Modifications that are now going bad. (2005-2007)
- New Low money down builder transactions. (2016-2018)
- “Normal” Distressed Situations.
- Probates where a mortgage was involved. (2005-2007)
- Storm Damaged houses.
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