|
|
57 Articles match "2006","Mortgage"
|
The Latest from RealtyTrac
|
MORE
|
|
The Government Goes After Loan Officers
Miller One of the most galling aspects of the mortgage meltdown is the sense that folks who made bad loans also made big profits, profits which they get to keep while everyday wage earners and investors are bruised and battered by economic upheavals. Few mortgage loan officers or underwriters have been held responsible for mortgages that turned sour, in some measure because blame is often difficult to establish. The Government Goes After Loan Officers By Peter G. A lot of people are wondering: Do those who made toxic loans
www.realtytrac.com
- Tuesday, February 3, 2009
Option ARM Borrowers Running Out Of Time
Let me introduce you to the option ARM, an affordability mortgage product that can get you into the home of your dreams.... Of all the mortgage ideas developed during the past few years, none tops the option ARM for sheer awfulness. And now the mortgage mess is about to get far worse as millions of option ARMs begin to recast. Option ARM Borrowers Running Out Of Time By Peter G. Miller Step right up folks.
www.realtytrac.com
- Tuesday, February 3, 2009
High-End Foreclosures Rising Among Top Tier Homes
But increasingly there are signs that the foreclosure problem is spilling over into wealthier areas, where prime borrowers — and even high-end real estate developers — are rapidly falling behind on their construction loans, mortgage payments, property taxes, auto loans and credit cards at an alarmingly fast pace, according to industry analysts, economists and real estate brokers . This is just the tip of the iceberg.” McCabe believes that delinquencies and defaults will rise not only among subprime borrowers, but among prime mortgages, Alt-A loans, teaser rate loans and low money-down
www.realtytrac.com
- Tuesday, February 3, 2009
|
-
|
The Best from RealtyTrac
|
MORE
|
-
2006: An Adjustable' Year for Foreclosures
The Federal Home Loan Mortgage Corporation (better known as Freddie Mac) has just released the results of its 23rd Annual Adjustable-Rate Mortgage survey of prime loans. Based on data collected between December 18 and December 21, 2006, the survey cited three major conclusions: That the overall market share of adjustable-rate mortgages (ARMs) as a whole declined in 2006 as the savings gap in interest rates between ARMs and fixed-rate mortgages shrank; Lenders offered greater incentives (discounts) in 2006 in order to maintain the flow of ARM originations coming in the door; and
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
FBI: Mortgage Fraud Begets Foreclosure
The FBI recently came out with its 2006 Mortgage Fraud Report , which somewhat anticlimactically concludes that there is “a strong correlation between mortgage fraud and loans which result in default or foreclosure.” The correlation is apparent in the report’s list of the top states for mortgage fraud: California, Florida, Georgia, Illinois, Indiana, Michigan, New York, Ohio, Texas, and Utah. Six of those states also appeared in RealtyTrac’s list of states with the highest foreclosure rates in 2006. The FBI also lists Arizona, Colorado, Maryland, Minnesota,
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
For Some, Mortgage Meltdown Means Opportunity
Cracks are appearing in the foundation of the housing market as shock waves — triggered by concern over a surge in bad subprime mortgages — jolted the stock market this week, sending the Dow Jones industrial average downward by more than 243 points, amid fears that a mortgage meltdown in the subprime lending sector could have broader economic implications. million foreclosure filings in 2006, up 42 percent from the previous year, according to RealtyTrac . Warning signs already had begun to manifest themselves last year as the recent housing boom was starting to reverse.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
Mortgage Reform to Calm Foreclosure Storm
In an attempt to address the recent downturn in the real estate market — evidenced by rising foreclosures and falling home prices and which many believe may threaten to undermine the overall economy — the House of Representatives yesterday passed a bill that imposes more stringent regulatory oversight of the mortgage industry. Called The Mortgage Reform and Anti-Predatory Lending Act of 2007, the bill ( H.R. 3915 ) claims to "amend the Truth in Lending Act to reform consumer mortgage practices and provide accountability for such practices, to establish licensing and registration requirements for residential mortgage originators, to provide certain minimum standards for consumer mortgage loans, and for other purposes."
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
How Much Disclosure Is Enough?
It's hardly a secret that few borrowers fully understand their mortgage options. 2006 Federal Reserve study found that 20 percent of all ARM borrowers did not know their original loan rat A
RealtyTrac Article Library
- Thursday, November 29, 2007
-
How Much Disclosure Is Enough?
It's hardly a secret that few borrowers fully understand their mortgage options. 2006 Federal Reserve study found that 20 percent of all ARM borrowers did not know their original loan rat A
RealtyTrac Article Library
- Thursday, November 29, 2007
-
2007: Housing Slowdown Good for Foreclosures
percent on average next year, after an almost 50 percent run-up in appreciation between 2001 and 2006, says the Chapman Economic & Business Review December 2006 . Housing starts are expected to remain down in many parts of the country, due to increased marketing time and inventories of unsold homes that grew from a 3.7-month supply in 2005 to a 7.3-month supply in 2006 at the national level. The cooling real estate sector will continue to plague the national economy next year, but enough positive economic fundamentals remain in place to counteract forces threatening to push the U.S.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
Motor City Tops MSA Foreclosure List in Q3
As if it wasn’t bad enough that the local economy has been steadily losing jobs in the automotive sector, Detroit reported the highest foreclosure rate of the top 100 metropolitan statistical areas (MSAs) in the country for the third quarter of 2006 as well. After two straight quarters when Indianapolis, Atlanta and Dallas led the nation in foreclosure rate, Detroit took over the top spot on the RealtyTrac Q3 2006 U.S. Metropolitan Foreclosure Market Report — followed by Ft. Lauderdale and Denver .
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
Avoiding, Stopping Foreclosures Information, Helpful Resources, Stop Home Foreclosure - RealtyTrac
Million Foreclosures
www.realtytrac.com
- Tuesday, February 3, 2009
-
The $3 Billion Foreclosure Payday
During the housing boom, Wall Street began repackaging mortgage securities into instruments called collateralized debt obligations, or CDOs, and selling slices of these securities to investors at varying levels of risk. Paulson believed that investors were underestimating the risk of the mortgage market, betting that the CDO market would crash. In 2006, Paulson You may not know who John Paulson is, but you soon will. Last year, Paulson made $3 billion betting on foreclosures .
www.foreclosurepulse.com
- Tuesday, December 16, 2008
|
|
|
