Cassy Cassy's Library tagged → View Popular
Dallas and Fort Worth Foreclosures Exceeded 61,000 This Year
Dallas and Fort Worth foreclosures surpassed 61,000 residential units this year, according to a report from the Mortgage Bankers Association. The delinquency rate also increased to 9.6 percent of all mortgage loans in the metro area.
Bank Owned Homes Dominating House Sales in Massachusetts
Bank owned homes are now dominating house sales in Massachusetts, according to realtors and research firms in the state. Foreclosure postings also increased in October by more than 17 percent to 5,411 postings.
Foreclosed Homes Listing in Illinois Grows, Attorney Acts
Foreclosed homes listing continues to step up in Illinois, so Attorney General Lisa Madigan intensified her efforts against mortgage modification fraud. The pace of foreclosure filings in October soared by more than 56 percent from September.
Florida Foreclosures for Sale, Underwater Loans Still High
Florida foreclosures for sale are still high in number because of the continued defaults by underwater borrowers in the residential sector. Florida ranked second among all states in percentages of underwater borrowers.
Bank Homes to Arise from 350,000 Exotic Mortgages
The rise in bank homes in the next few years will arise from the 350,000 exotic mortgages taken out from 2004 to 2007, according to a report published by S&P. The report stated that more than 22 percent of option ARM borrowers defaulted within 20 months after the issuance of their loans.
Bank Foreclosure Prevention Program by Citi Up by 20 Percent
The bank foreclosure prevention program of CitiMortgage has been improving significantly. CEO Sanjiv Das also said that the bank has started implementing principal reduction for some deserving borrowers.
Buy Bank Homes in Orange, CA Where Defaults Are Still High
Buy bank homes in Orange County, California where mortgage delinquencies are still high and where profit prospects are great. Home prices have been rising, but are still below their peak prices in 2006 and 2007.
New York Foreclosed Homes Bought with Conforming Loans
New York foreclosed homes are expected to be sold in greater numbers following the extension until next year the higher conforming home loan limit program. Conforming loans are attractive because they are provided at lower mortgage rates.
Miami Foreclosed Homes to Surge in Another Avalanche
Miami foreclosed homes will soar again in 2011, according to housing analysts in Florida. Various factors will cause the second wave, including unemployment and the resetting of adjustable rate mortgage loans.
Foreclosed Listings in Dayton Soared More Than 55 Percent
Foreclosed listings in the Dayton metro area in Ohio grew by more than 55 percent in October compared to the previous month. A total of 1,070 foreclosure actions were filed in the area in October.
Miami Foreclosures for Sale for Multifamily Investors
Miami foreclosures for sale have been rising in number in the multifamily sector. Condo units at Terra Beachside and at South of Fifth and apartment units at Airport Villas are among these foreclosures.
Los Angeles Foreclosures for Sale Slow as Banks Held Back
Los Angeles foreclosures for sale slowed in October as banks delayed their foreclosure actions on defaulting mortgages. Home prices improved, with the median increasing to $340,000 in October.
For Sale by Owner – Delay if Possible, Sell Quickly if Not
Prospective for sale by owner sellers are advised by real estate analysts to postpone listing if they can until prices get better. But if they are not able to postpone selling, they must decide quickly because prices are falling.
San Diego Foreclosed Homes for Sale Fell as Sales Rose
San Diego foreclosed homes for sale dropped in number in the July to September quarter, according to a nationwide foreclosure report. Home sales, however, increased as first time buyers took advantage of the tax credit and lower mortgage rates.
Indianapolis Foreclosures for Sale, Vacant Homes Still High
Indianapolis foreclosures for sale declined in number in the July to September quarter, but vacant foreclosures continue to grow in number, according to officials and homeowners of the city and Marion County.
Buying Homes for Sale: Advice from Attorney General
Buying homes for sale requires research, planning and money management. If you are planning to buy a home, you can download an easy-to-read and useful PDF prepared by Idaho Attorney General Lawrence Wasden for prospective home buyers.
Tampa Foreclosed Properties Slowed in 3Q, but Still High
Tampa foreclosed properties did not increase in number as fast as in other Florida metro areas in the July to September quarter, but the rate is still relatively high. Unemployment rate in the area rose to 11.7 percent in September.
Experts: Mortgage Loans Refinancing Not Good Enough
Seven months after it was launched, the federal mortgage loans refinancing program failed to live up to industry expectations. Industry experts said that the program has helped only a mediocre number of troubled borrowers avoid foreclosures.
Marriott Colorado Facing Bank Owned Property Listings
Three Marriott properties in Colorado are facing bank owned property listings. A notice of demand for sale was filed against Integrated Capital LLC after it defaulted on its loan.
Real Estate Title Company – Make Sure the Firm Is Reputable
Make sure the real estate title company issuing your title insurance or holding your escrow funds is reputable. Learn lessons from several frauds that have been committed in the title insurance sector.
Selected Tags
Related Tags
Sponsored Links
Top Contributors
Groups interested in mortgage
-
America Economy; Taxes, Federal Reserve, Currency, Financial
just all sorts of financial...
Items: 21 | Visits: 313
Created by: liveinfreedom .
Highlighter, Sticky notes, Tagging, Groups and Network: integrated suite dramatically boosting research productivity. Learn more »
Join Diigo
