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10 Articles match "2006","August","Real Estate"
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The Latest from RealtyTrac
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The Government Goes After Loan Officers
That said, whats plain is that the SEC has opened a new front in the mortgage responsibility debate. Interstate Commerce At first it may seem odd that mortgages are a federal matter since loans are secured by real estate and nothing is more local than dirt. But both real estate and mortgages have been considered within the stream of interstate commerce for decades. The Government Goes After Loan Officers By Peter G. Miller One of the most galling aspects of the mortgage meltdown is the sense that folks who
www.realtytrac.com
- Tuesday, February 3, 2009
UCLA: Crash and Burn Unlikely for National Economy
The nation’s economy, driven mostly by the real estate sector, has been flying at Mach 1 in clear blue skies for a number of years. But in their Q3 2006 report , forecasters at UCLA’s Anderson School of Management are calling for the Federal Reserve to reduce the Federal Funds Rate to 4.5 But while the economy’s air traffic controllers are first trying to chart new flight plans, the nation’s foreclosure activity is flying high Now, however, some clouds are starting to appear on the horizon, and as air currents are changing, pilots are starting to throttle back and slow things down a bit, and distressed homeowners are belted into their seats as they find themselves in for a more bumpy ride in the foreseeable future.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Latest Census Data Suggest More Foreclosures Coming
Foreclosure Market Report for August 2006 , the city also had the third highest number of foreclosures in California with a foreclosure rate of one new foreclosure filing for every 745 households — 1.35 Moreover, the state ranked 11 th nationally in total number of foreclosures for August 2006, an increase of 95 percent over August 2005. We appreciate 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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Will Homeowners Sink or Swim?
RealtyTrac™ ( www.realtytrac.com ), the leading online marketplace for foreclosure properties, released its September 2006 U.S. 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. And prices of existing homes fell in August for the first time in 11 years as sales dipped to their lowest 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.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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UCLA: Crash and Burn Unlikely for National Economy
The nation’s economy, driven mostly by the real estate sector, has been flying at Mach 1 in clear blue skies for a number of years. But in their Q3 2006 report , forecasters at UCLA’s Anderson School of Management are calling for the Federal Reserve to reduce the Federal Funds Rate to 4.5 But while the economy’s air traffic controllers are first trying to chart new flight plans, the nation’s foreclosure activity is flying high Now, however, some clouds are starting to appear on the horizon, and as air currents are changing, pilots are starting to throttle back and slow things down a bit, and distressed homeowners are belted into their seats as they find themselves in for a more bumpy ride in the foreseeable future.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Home Prices Fall Deeper Into the Abyss
ldquo;The overall real estate market continued to slide in May, with the 10-City and 20-City Composites declining by 1.0 Since August 2006 there has not been one month where we have seen overall price increases, as measured by the two Composites,” said David M. For potential homebuyers, investors and real estate professionals, it means the flow of foreclosed properties should continue into the indefinite future — at least Homeowners across the country may be feeling a bit like Mel Brooks’ character from his movie “High Anxiety” now that Standard and Poor’s has released its May numbers for the S&P/Case-Shiller Home Price Indices .
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Customers, Employees Credited for RealtyTrac's Deloitte Fast 50 Ranking
RealtyTrac was named to the Technology Fast 50 list for 2006 by the accounting firm of Deloitte & Touche USA LLP at an awards ceremony held Tuesday. Saccacio credited the company’s continued success to a loyal customer base of real estate investors, home buyers and real estate professionals who continue to see the value of the information and research tools RealtyTrac provides to successfully take advantage of foreclosure opportunities where they present themselves. Based on five-year revenue growth of 4647 percent (2001-2005), RealtyTrac was ranked fourth .
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Back to Wait and See for the Fed
percent back in August 2007 down to 2 percent last month, the Fed has decided to go back to the wait-and-see stance Chairman Ben Bernanke established when he first took over the reins of the agency back in August 2006. ForeclosurePulse would love to have your comments. Posted 06-25-2008 2:15 PM by joelc Filed under: Foreclosure Trends , Real Estate Trend The Federal Open Market Committee took the advice Wednesday of all the financial analysts and market watchers and did absolutely nothing with the short term Federal Funds Rate (FFR). After whittling away at the rate over time from a high of 5.25
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Fed Stands Fast on Rate; Little Solace for Homeowners
It wasn’t long after Ben Bernanke took over the reins of the Federal Reserve from Alan Greenspan that he put a halt to the 17 consecutive upward adjustments in the federal funds rate (FFR) — the short-term interest rate banks charge each other — back in August 2006. Needless to say, many real estate industry analysts are hoping the Fed continues to maintain this wait-and-see attitude towards the national economy for the remainder of 2007, giving the industry a chance to fully recover its lost luster after five years of prosperity. On Wednesday, the Federal Open Market Committee (FOMC) decided to keep its hands-off stance, leaving the FFR at 5.25
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Getting Help to Stop Foreclosure, Avoid Home Foreclosure Process - RealtyTrac
Million Foreclosures
www.realtytrac.com
- Tuesday, February 3, 2009
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Good Morning Mr. Bernanke!
Well, something finally clicked because Bernanke and the members of the Federal Open Market Committee acted this morning, and started cutting rates (although not the rate most economists — and the real estate industry in particular — are waiting for them to cut). The Fed sliced 50 basis points (one-half a percentage point) off of its discount rate — the rate it charges banks to borrow federal funds — from 6.25 18 to see if economists — and the real estate industry — get what they’ve been begging for since August 2006, a cut in the Federal Funds Rate, the short-term rate banks
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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The Government Goes After Loan Officers
That said, whats plain is that the SEC has opened a new front in the mortgage responsibility debate. Interstate Commerce At first it may seem odd that mortgages are a federal matter since loans are secured by real estate and nothing is more local than dirt. But both real estate and mortgages have been considered within the stream of interstate commerce for decades. The Government Goes After Loan Officers By Peter G. Miller One of the most galling aspects of the mortgage meltdown is the sense that folks who
www.realtytrac.com
- Tuesday, February 3, 2009
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