6 Articles match "2006","2007","Bank Owned"

• The Best from RealtyTrac

  MORE

• Gentle January Foreclosure Increase
  
  Although they were up 57 percent from January 2007 and 8 percent from December, the January foreclosure numbers released today by RealtyTrac do not appear to represent the massive wave of foreclosures that is expected to hit sometime soon thanks to the rash of risky loans given to borrowers as late as just last year . Of course, the answer will vary from region to region, but provide supporting evidence from your area. View full report with state-by-state data. Posted 02-26-2008 2:01 AM by darenb
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE
• Foreclosure Salvation: By Grace or By Works?
  
  Through this system, these companies could sell mortgages in bulk to banks and other buyers. million foreclosure notices filed in 2007, up 75 percent from 2006. But because she doubts the sufficiency of this plan to help all homeowners, Clinton called on President Bush to form an "emergency working group on foreclosures" to step in and evaluate the plan along with her proposal to have the "government step in as a purchaser." Clinton believes that her proposal to allow the FHA to purchase loans "would cost taxpayers nothing in the long run" because it would not create a new federal
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE
• Feb. Foreclosure Report: Are We at Bottom Yet?
  
  February foreclosure activity was down 4 percent from the previous month but still up 57 percent from February 2007, according to the latest RealtyTrac U.S. That premise is supported by looking at the numbers in February 2007, when U.S. If you look back at the RealtyTrac monthly reports, activity has increased on a year-over-year basis every month since January 2006, the first month that YOY stats were available. Foreclosure Market Report . So does the monthly decrease mean weve hit a ceiling of sorts for this cycle in terms of foreclosures?
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE
• High-End Foreclosures Rising Among Top Tier Homes
  
  Seven-figure foreclosures — once a rarity in 2007 — are starting to pop up with more frequency in some of the wealthiest communities nationwide. Already, there’s a glut of McMansions in the $500,000 to $1 million range that have been foreclosed by lenders — and many more are falling into foreclosure, according to an analysis of RealtyTrac foreclosure records in 2006 and 2007 (see graphic). trolls the upper-end of the foreclosure High-End Foreclosures Rising Among Top Tier Homes By Octavio Nuiry, RealtyTrac Staff Writer    Until now, the foreclosure crisis was confined to a narrow niche of middle-class urban communities and outer-rim new housing developments where first-time homeowners and real estate speculators benefited briefly from favorable financing.
  www.realtytrac.com - Tuesday, February 3, 2009
  READ MORE
• Bank-Repossession Beat Continues in March
  
  And for the second month in a row, the number of bank repossessions, or REOs, was up more than 100 percent year over year. The implication: while significantly more homeowners are falling into foreclosure, there is an even bigger increase in the number of homeowners already in the process who are losing their homes to foreclosure — whether through the typical foreclosure sale mechanism or whether by pre-empting the public foreclosure sale through what is called a deed in lieu of foreclosure. But that may be better than the alternative — a costly and lengthy process that will quite
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE
• As Home Prices Plummet, When Will You Buy?
  
  percent from their peak in July 2006. "There percent from July 2007, the smallest annual decline among the 20 cities tracked in the report, followed by Dallas, which reported a 2.5 quot; And while modest appreciation could resume in late 2009, prices won't be back to their 2006 peak until at least 2016, possibly as late as 2020 in some markets, according to Shulman. (More 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
  READ MORE