|
|
26 Articles match "2006","Number of","Properties"
|
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. A lot of people are wondering: Do those who made toxic loans have any responsibility? The Government Goes After Loan Officers By Peter G. If so, how can they be made to pay?
www.realtytrac.com
- Tuesday, February 3, 2009
Option ARM Borrowers Running Out Of Time
Option ARM Borrowers Running Out Of Time By Peter G. 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. Miller Step right up folks. You say you want to buy a home but have no money.
www.realtytrac.com
- Tuesday, February 3, 2009
High-End Foreclosures Rising Among Top Tier Homes
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. 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
www.realtytrac.com
- Tuesday, February 3, 2009
|
-
|
The Best from RealtyTrac
|
MORE
|
-
Two Counts Show Foreclosure Activity Rising
More than 925,000 foreclosure filings were reported on more than 573,000 properties in the first half of 2007, according to the RealtyTrac Midyear 2007 U.S. The report marks the first time that RealtyTrac has included a count of unique property addresses in some stage of foreclosure. But whether you count by total foreclosure filings or number of properties affected by foreclosure, foreclosure Foreclosure Market Report , released yesterday. The addition of this (property count) metric to our foreclosure report was spurred by a data request
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
Defaulting on the American Dream: A Troubling Trend
A rising number of Americans — particularly those who took out riskier adjustable-rate and subprime mortgages — are increasingly defaulting on their loans, according to figures released this week by RealtyTrac , providing striking evidence that a growing number of borrowers are at risk of losing their homes. Foreclosure filings jumped 42 percent nationwide in 2006, accelerating a trend that began in 2005 as home sales started to cool. Last year, 1,259,118 U.S. properties entered some stage of foreclosure, up from 850,000 properties in 2005, according
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
US Foreclosures a Mixed Blessing in Q2
As the most recently collected data reported today in RealtyTracs Q2 2006 U.S. Foreclosure Market Report suggests, there is both an upside and a downside to the latest numbers. On the positive side, foreclosure activity nationwide during Q2 2006 rose 25 percent over the same quarter last year to 272,109 properties . This is good news for real estate investors, agents and home buyers looking for a piece of the American Dream at a potentially more affordable price. On the flip side, however, foreclosure activity nationwide decreased 16 percent between the first
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
Foreclosures Inch Higher in May
RealtyTrac just released state and national foreclosure statistics for the month of May . The data show nationwide foreclosures inching up 2 percent from the previous month and 28 percent from May 2005. “Our May numbers echo the recent report by the Mortgage Bankers Association, which noted that delinquency and default activities were lower in the first quarter of 2006,” commented James J. Saccacio, chief executive officer of RealtyTrac. “While While our report confirms that the number of properties entering foreclosure is still significantly higher than it was during the same period of 2005, we’ve now seen two months of decreasing foreclosure rates followed by May numbers that were essentially flat.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
Buying Bank-Owned REOs at the Auction - RealtyTrac
Buying Bank-Owned REOs at the Auction Search Properties | Free 7-Day Trial Thanks to a sharp rise in foreclosure filings nationwide, homebuyers and real estate investors are increasingly likely to encounter bank-owned properties that are for sale at real estate auctions. The increased presence of lender-owned homes in the market — known in the banking industry as REOs, for "real estate owned" — is fallout from the recent real estate boom that marked the first half of this decade.
www.realtytrac.com
- Tuesday, February 3, 2009
-
Short sales rising
Scanning the Southern California Multiple Listing Service (MLS) last week, the one thing that stands out is the growing number of short sales. Last year, you rarely saw the phrase “short sale” in the MLS property description. Today, approximately 10 percent of the listed properties are short sales. That indicates lenders are getting more eager to unload properties in foreclosure, even if it means selling them for less than is owed on the mortgage. Short sales occur when home prices fall and mortgage debt exceeds the value of the property.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
Ohio Lawmaker Seeks Solution to Foreclosure Level
LaTourette (R-Ohio) — who chaired a meeting of the U.S. The topic on the table: the high foreclosure rate in Cuyahoga County — one of the highest in the nation — and what can be done to ease the bleeding. The key focus of the discussion: creating partnerships between community organizations and local and state governments as a viable solution to the problem. It looks like foreclosures are starting to become a national call to action for some Washington bureaucrats. One example — Rep.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
Avoiding, Stopping Foreclosures Information, Helpful Resources, Stop Home Foreclosure - RealtyTrac
Check out our NEW Features! Login Why Join? FREE Trial Feedback Help
www.realtytrac.com
- Tuesday, February 3, 2009
-
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
-
Economic Indicators Support Slow Gain in Foreclosures
And based on the latest available national economic data, indications for the remainder of 2006 through 2007 are consistent with RealtyTrac’s May 2006 U.S. Gary Anderson Center for Economic Research at Chapman University have a stellar track record when it comes to projecting the direction of economic activity. The results of their latest analysis , released Wednesday, indicate that a number Economics 101 – Interest Rates Now that we are hovering at the mid-year point, economists are starting to review their projections for this year. Foreclosure Market Report,
www.foreclosurepulse.com
- Tuesday, December 16, 2008
|
|
|