11 Articles match "2005","ARM","Real Estate"

• The Best from RealtyTrac

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• Option ARM Borrowers Running Out Of Time
  
  Option ARM Borrowers Running Out Of Time By Peter G. Let me introduce you to the option ARM, an affordability mortgage product that can get you into the home of your dreams.... Of all the mortgage ideas developed during the past few years, none tops the option ARM for sheer awfulness. Miller    Step right up folks. You say you want to buy a home but have no money.
  www.realtytrac.com - Tuesday, February 3, 2009
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• 2006: An Adjustable' Year for Foreclosures
  
  Based on data collected between December 18 and December 21, 2006, the survey cited three major conclusions: That the overall market share of adjustable-rate mortgages (ARMs) as a whole declined in 2006 as the savings gap in interest rates between ARMs and fixed-rate mortgages shrank; Lenders offered greater incentives (discounts) in 2006 in order to maintain the flow of ARM originations coming in the door; and Hybrid loans — particularly the very popular 5/1 ARM where the teaser interest rate is fixed for five years before the lender can push the interest rate upward — became the most popular
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Defaulting on the American Dream: A Troubling Trend
  
  Foreclosure filings jumped 42 percent nationwide in 2006, accelerating a trend that began in 2005 as home sales started to cool. properties entered some stage of foreclosure, up from 850,000 properties in 2005, according to RealtyTrac research . But if the number of defaulting ARMs and subprime loans continues to escalate, it could trigger a rise in foreclosure filings and drag down home values. The Center for Responsible Lending predicts A rising number of Americans — particularly those who took out riskier adjustable-rate and subprime mortgages — are increasingly defaulting on their loans, according to figures released this week by RealtyTrac , providing striking evidence that a growing number of borrowers are at risk of losing their homes.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Will Homeowners Sink or Swim?
  
  Many American homeowners — initially attracted to low teaser rates on those “exotic” ARMs and sub-prime loans — now find themselves swimming upstream in a desperate attempt to remain financially afloat. Foreclosure Market Report, which shows 112,210 properties nationwide entered some stage of foreclosure during the month, a decrease of less than 1 percent from August, and a 63 percent increase from September 2005. But as the rising tide of mortgage debt grows, many of those homeowners will unfortunately sink, drowning in foreclosure red ink. For the thousands of homeowners who jumped into turbulent housing waters via these easy-to-qualify-for loans, they are now succumbing to a riptide of bad news.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• March Goes Out Like a Lamb
  
  Even with the drop, over 100,000 new properties entered some stage of foreclosure in March, and the foreclosure rate still represented a 63% increase over March 2005. rsharga Posted 04-18-2006 6:37 PM by Rick Filed under: Foreclosure Trends , Real Estate Trends Comments
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Greed and Deceit Get Their Comeuppance in Any Cycle
  
  It’s a recurring theme in the real estate industry; mostly visible in the financial sector, although one would have to be a fool to believe it didn’t take place in every aspect of the real estate transaction. Although these two events took place during different real estate cycles and economies, comeuppance was similarly swift for both. Greed and deceit. And let’s not forget all the news stories out there about mortgage and foreclosure scams these days.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Dealing With the Affordability Quandry
  
  In addition to real estate investors and agents, the RealtyTrac website can be a great help to first-time homebuyers looking for a way to get into a home at a price that is more affordable, even in areas where prices seem out of reach for most people. As of Q2 2006 the index stood at 23 percent, down from 26 percent for the previous quarter and 30 percent for Q2 2005. Affordability is the key here. Especially in light of the new consumer index just announced by the California Association of REALTORS®.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• A 'Dialogue' on the Housing Market
  
  Gary Anderson Center for Economic Research at Chapman University , the key concern is all those people who signed up for those “exotic” adjustable-rate mortgages in 2005 and thereafter. In California, for example, 27 percent of all mortgages were so-called “option ARMs,” where the buyer pays 1 percent interest and the underpaid amount gets added to the loan’s principal. “Our Expectation is Appearing on a recent episode of “Dialogue with Jim Doti”, RealtyTrac CEO James Saccacio cited a number of factors for the more than 60 percent year-to-year increase in foreclosure activity in September 2006.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Mid-Year Report: Nation Not Over the Hump Yet
  
  As it has in times past, real estate has led this nation into recession, and it will lead us out as well — when the signs are there for a recovery. But real estate — housing prices to be precise — is the sign that forecasters at the A. percent from their peak of $227,333 back in Q3 2005. “The We’re now mid-way through 2008 and the signs aren’t there yet to say for certain that we’re over the hump and on the way out of recession. But a recession it is nonetheless.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• No Mortgage Meltdown For These Banks
  
  Unlike virtually every other mortgage lender, Hudson doesn’t make option ARMs, doesn’t sell loans in the secondary market and doesn’t offer credit cards. But the real story with foreclosures is different: The fact that a loan is delinquent does not mean foreclosure is sure to follow. Hudson offers mortgages on special terms for borrowers with low and moderate incomes , however, it does not market option ARMs or subprime No Mortgage Meltdown For These Banks By Peter G. Miller     The news from Wall Street in recent weeks
  www.realtytrac.com - Tuesday, February 3, 2009
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