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5 Articles match "2005","Foreclose","Laws"
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The Latest from RealtyTrac
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As Home Prices Plummet, When Will You Buy?
And you see states passing laws, like Californias SB 1137, aimed at giving homeowners a better chance of getting a loan workout rather than a foreclosure. We live in north San Diego and we see a lot of “short sales” and foreclosed properties in some neighborhoods (e.g. We sold in 2005 when we realized we could not buy in our neighborhood nor could any of our neighbors. 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
July Foreclosure Report
When they default, bank losses will shoot to the sky — and many homes will be foreclosed. Is the short refinance option something that is enabled by the new housing bill that became law recently. Lots of investors and speculators bought here, resulting in massive increases in value in 2004 and 2005. U.S. foreclosure activity in July increased 8 percent from the previous month and 55 percent from July 2007, according to the RealtyTrac Foreclosure Market Report released today. View state-by-state details .
www.foreclosurepulse.com
- Tuesday, December 16, 2008
As Foreclosures Mount, Candidates React to the Credit Crisis
Here’s what the major presidential candidates have to say about the growing foreclosure epidemic: Democrats The three main Democratic presidential candidates — Clinton, Obama and Edwards —have made various proposals for modest reform, including setting up a federal fund to help homeowners fend off foreclosure and providing borrowers with counseling, along with laws to ban predatory lending policies. We need to update these rules for the 21st century and enact the regulatory and disclosure laws that the mortgage industry has been lobbying against.” Former North Carolina Sen.
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. The Institute of Business and Housing Safety is reporting that the increasing number of abandoned or vacant foreclosed homes is so great as to generate real concern for the oncoming hurricane season this year. As opposed to the hurricanes causing the foreclosures, this time 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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As Foreclosures Mount, Candidates React to the Credit Crisis
Here’s what the major presidential candidates have to say about the growing foreclosure epidemic: Democrats The three main Democratic presidential candidates — Clinton, Obama and Edwards —have made various proposals for modest reform, including setting up a federal fund to help homeowners fend off foreclosure and providing borrowers with counseling, along with laws to ban predatory lending policies. We need to update these rules for the 21st century and enact the regulatory and disclosure laws that the mortgage industry has been lobbying against.” Former North Carolina Sen.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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BK' Doesn't Stand for Burger King
The federal government clamped down on that “loophole” with the passage of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005. According to published reports, more than 2 million Chapter 7 bankruptcies were filed that year (an all-time high) right before the new bankruptcy law went into effect. Feldman reported that law firms have already started gearing up their staffs to handle the anticipated increase in bankruptcy workload. The only kind of whopper a person with this kind of ‘BK’ is going to get is a whopper of a headache. In this, the legal sense for the abbreviation,
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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July Foreclosure Report
When they default, bank losses will shoot to the sky — and many homes will be foreclosed. Is the short refinance option something that is enabled by the new housing bill that became law recently. Lots of investors and speculators bought here, resulting in massive increases in value in 2004 and 2005. U.S. foreclosure activity in July increased 8 percent from the previous month and 55 percent from July 2007, according to the RealtyTrac Foreclosure Market Report released today. View state-by-state details .
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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As Home Prices Plummet, When Will You Buy?
And you see states passing laws, like Californias SB 1137, aimed at giving homeowners a better chance of getting a loan workout rather than a foreclosure. We live in north San Diego and we see a lot of “short sales” and foreclosed properties in some neighborhoods (e.g. We sold in 2005 when we realized we could not buy in our neighborhood nor could any of our neighbors. 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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