13 Articles match "2005","Citi"

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No Mortgage Meltdown For These Banks
Let me introduce you to Hudson City Bancorp and ING Direct. Hudson City Bancorp Situated in Paramus, N.J., not far from Manhattan, Hudson City Bancorp has a lending philosophy that dates back decades: You can get a dull, boring, mortgage from Hudson at a very low rate — but only if you put equity into the property. As Hermance points out, “we make loans we’re willing to live with.” The performance at Hudson has not gone unnoticed: No Mortgage Meltdown For These Banks By Peter G. Miller     The news from Wall
www.realtytrac.com - Tuesday, February 3, 2009
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As Home Prices Plummet, When Will You Buy?
quot;Little positive news can be found when cities like Las Vegas and Phoenix report annual declines as large as -29.9% and -29.3%, respectively, and all 20 cities are still in negative territory on a year-over-year basis." percent from July 2007, the smallest annual decline among the 20 cities tracked in the report, followed by Dallas, which reported a 2.5 Home prices in 20 of the nation's major metro areas in July were collectively down 16.3 percent from a year ago, according to the S&P/Case-Shiller Home Price Index released today.
www.foreclosurepulse.com - Tuesday, December 16, 2008
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Foreclosures up 13 percent in February
We show 117,259 properties nationwide entered some stage of foreclosure in February, a 13 percent increase from the previous month and a 68 percent increase from February 2005. Basically, San Diego in my opinion will be changing its name toForeclosure City JMHO
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Latest Census Data Suggest More Foreclosures Coming
    Census Bureau , based on 2005 data, suggests that the American public is spending more of their disposable income on necessities — especially owner occupied and rental housing. Depending on the city, if those costs increase any more than they already have, the end result could very well be seen on the RealtyTrac website. Foreclosure Market Report for August 2006 , the city also had the third highest Will the thinly stretched finances of U.S. homeowners lead to a sharp rise in foreclosures and a collapse of the so-called housing bubble?
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Foreclosure Activity Up 7 Percent in March
    The March total — which includes default notices, auction sale notices and bank repossessions — was the highest monthly total since RealtyTrac began issuing its report in January 2005 and resulted in a foreclosure rate of one foreclosure filing for every 775 U.S. California also documented the most foreclosure filings of any state, 31,434, and California cities accounted for six out of the top 10 metro foreclosure rates. With 149,150 foreclosure filings reported nationwide in March, U.S. foreclosure activity was up 7 percent from the previous month and 47 percent from a year ago,
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • 2006 Foreclosure Filings Surpass 1.2 Million
    million foreclosure filings were reported nationwide during 2006, up 42 percent from 2005 and a foreclosure rate of one foreclosure filing for every 92 households, according to the RealtyTrac 2006 U.S. The number of total foreclosure filings rose from about 885,000 in 2005 to 1,259,118 in 2006. Detroit’s 40,219 foreclosure filings in 2006 represented nearly 5 percent of the More than 1.2 Foreclosure Market Report released yesterday.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Home Price Appreciation Stays Sluggish
    percent from the fourth quarter of 2005 — down from the 7.9 No other state registered declining appreciation rates, but several cities did — including Santa Barbara, Calif., An index issued Thursday suggests the nation’s sputtering housing market is running low on the fuel it needs to accelerate — price appreciation. The Office of Federal Housing Enterprise Oversight’s House Price Index for the fourth quarter of 2006 shows home prices were up 1.1
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Foreclosures and Hurricanes: A Nasty Combo
    The fallout that followed in the aftermath of Hurricane Katrina in 2005 left many Gulf Coast residents homeless or facing foreclosure — or both. As opposed to the hurricanes causing the foreclosures, this time around the foreclosures already exist, and in much greater numbers than back in 2005. The potential for damage to other homes and personal property, along with the hazardous danger of bodily harm involved, may give support Temporary relief from the devastation was granted in the form of a foreclosure moratorium at the time. Given today’s economic climate, however, there
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • A (Relatively) Few Bad Apples Spoil the Barrel
    Foreclosure Market Report issued today, the total number of properties with foreclosure activity in April reached the highest level on a monthly basis since RealtyTrac began issuing the report in January 2005. For example, the city council in Vallejo, California -- part of a metropolitan area with a foreclosure rate that ranked sixth highest in the nation in April - last week voted to have the city file for bankruptcy." According to the RealtyTrac U.S. Foreclosure filings were reported on 243,353 U.S.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Make Food, Not Foreclosures
    The pilot program would start with 20 plots, with the City of Detroit donating the water. Urban Farming has been doing this around the country since it was founded in 2005. A non-profit group has launched a program to turn former foreclosures into farmland. National Public Radio is reporting that the non-profit group Urban Farming requested that Wayne County, Mich.,
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • A Small Silver Lining in Q1 Foreclosure Storm
    Foreclosure activity in Detroit was down nearly 4 percent from the first quarter of 2007, although the citys foreclosure rate still ranked No. That in turn allows lenders to start unloading foreclosure inventory, easing a heavy burden that has been weighing down the citys housing market. Different forces may be at work in Philadelphia, helping that citys foreclosure rate remain relatively low. Unfortunately our report While foreclosure activity in the first quarter of 2008 was up on a year-over-year basis in 90 percent of the nations 100 largest metropolitan areas, according to the RealtyTrac Q1 report issued today, there were a few notable exceptions that could prove to be a harbinger of hope for the nations battered housing market.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Extreme' Dream Gone Bust
    ABC’s Extreme Makeover Home Edition came to the rescue, demolishing the Harper’s old run down home with a faulty septic tank and replacing it with a 5,300 square-foot, two-story dream home in Lake City, Georgia. When the show first aired back on February 20, 2005, the home was the largest ever built in a week by the show. Three years ago Patricia and Milton Harper received a gift courtesy of reality television. The home, built with the help of 1,800 volunteers and Atlanta-based Beazer Homes, is now scheduled for public foreclosure auction on August 5.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Foreclosures up 13 percent in February
    We show 117,259 properties nationwide entered some stage of foreclosure in February, a 13 percent increase from the previous month and a 68 percent increase from February 2005. Basically, San Diego in my opinion will be changing its name toForeclosure City JMHO
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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