5 Articles match "2005","Ideas","Properties"

The Latest from RealtyTrac MORE
No Mortgage Meltdown For These Banks
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 one example, Hermance says that of 50,000 New Jersey mortgages his bank bought back just two properties during a recent 12-month period. percent of No Mortgage Meltdown For These Banks By Peter G. Miller     The news from Wall Street in recent weeks has not been good, especially in the world of mortgages.
www.realtytrac.com - Tuesday, February 3, 2009
READ MORE
Option ARM Borrowers Running Out Of Time
Of all the mortgage ideas developed during the past few years, none tops the option ARM for sheer awfulness. With higher home values properties could be readily sold or refinanced with little risk. In the case of 40-year option ARMs issued in 2005, Fitch says such loans can recast after 28 months — a little more than two years if a borrower makes only minimum monthly payments. "Option Option ARM Borrowers Running Out Of Time By Peter G. Miller    Step right up folks.
www.realtytrac.com - Tuesday, February 3, 2009
READ MORE
As Home Prices Plummet, When Will You Buy?
have access to credit have fat cash reserves aren't already over-exposed in real estate have a secure job or income stream expect to hold the property for at least two years" But be forewarned, prices are expected to fall further, and will take awhile to rebound, according to many economists. "I Any idea why we are having less foreclosure, auctions, REOs, but filing are trending higher?
www.foreclosurepulse.com - Tuesday, December 16, 2008
READ MORE
  • The Best from RealtyTrac MORE
  • 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,
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Bank-Repossession Beat Continues in March
    In the latter case, the homeowner offers to convey ownership of the property to the foreclosing lender. The lender also has to agree to the DIL arrangement, which may involve clearing out other liens secured by the property. But that may be better than the alternative — a costly and lengthy process that will quite likely end with the bank repossessing the property anyway. For the third month in a row U.S. foreclosure activity registered at more than 50 percent above the level it was at a year ago, according to the March RealtyTrac U.S.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Option ARM Borrowers Running Out Of Time
    Of all the mortgage ideas developed during the past few years, none tops the option ARM for sheer awfulness. With higher home values properties could be readily sold or refinanced with little risk. In the case of 40-year option ARMs issued in 2005, Fitch says such loans can recast after 28 months — a little more than two years if a borrower makes only minimum monthly payments. "Option Option ARM Borrowers Running Out Of Time By Peter G. Miller    Step right up folks.
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE
  • No Mortgage Meltdown For These Banks
    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 one example, Hermance says that of 50,000 New Jersey mortgages his bank bought back just two properties during a recent 12-month period. percent of No Mortgage Meltdown For These Banks By Peter G. Miller     The news from Wall Street in recent weeks has not been good, especially in the world of mortgages.
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE
  • As Home Prices Plummet, When Will You Buy?
    have access to credit have fat cash reserves aren't already over-exposed in real estate have a secure job or income stream expect to hold the property for at least two years" But be forewarned, prices are expected to fall further, and will take awhile to rebound, according to many economists. "I Any idea why we are having less foreclosure, auctions, REOs, but filing are trending higher?
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE