2 Articles match "2007","Dec","Properties"

The Latest from RealtyTrac MORE
Bush Foreclosure Solution Just Adds Water
Titled the “Mortgage Forgiveness Debt Relief Act of 2007,” HR 3648 is sponsored by Rep. Even when buyers knew they wouldn’t be able to afford their mortgage when their rate adjusted, they figured that they could just refinance into a better mortgage – and that would be easy since property values were appreciating 50% or more each year. Carey, “almost 37 percent of seriously delinquent loans (including loans 90 or more days past due and those in foreclosure) in the second quarter of It wasn’t very long ago that President George W. Bush came out with a public policy statement
www.foreclosurepulse.com - Tuesday, December 16, 2008
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When Foreclosure Is Not Politically Correct
Located in the upscale Curtis Park neighborhood of Sacramento, the property has gone through the foreclosure auction process and reportedly been purchased by Red Rock Mortgage for $388,000, a far cry from the $535,000 Richardson paid for it back in January 2007. RealtyTrac estimates the current market value of the property at $503,000. Typically when you read about a politician and foreclosure, it’s in relation to some piece of legislation created to combat the recent surge in foreclosures. But the topic of foreclosure recently became much more personal for one Long Beach,
www.foreclosurepulse.com - Tuesday, December 16, 2008
READ MORE
  • The Best from RealtyTrac MORE
  • When Foreclosure Is Not Politically Correct
    Located in the upscale Curtis Park neighborhood of Sacramento, the property has gone through the foreclosure auction process and reportedly been purchased by Red Rock Mortgage for $388,000, a far cry from the $535,000 Richardson paid for it back in January 2007. RealtyTrac estimates the current market value of the property at $503,000. Typically when you read about a politician and foreclosure, it’s in relation to some piece of legislation created to combat the recent surge in foreclosures. But the topic of foreclosure recently became much more personal for one Long Beach,
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Bush Foreclosure Solution Just Adds Water
    Titled the “Mortgage Forgiveness Debt Relief Act of 2007,” HR 3648 is sponsored by Rep. Even when buyers knew they wouldn’t be able to afford their mortgage when their rate adjusted, they figured that they could just refinance into a better mortgage – and that would be easy since property values were appreciating 50% or more each year. Carey, “almost 37 percent of seriously delinquent loans (including loans 90 or more days past due and those in foreclosure) in the second quarter of It wasn’t very long ago that President George W. Bush came out with a public policy statement
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE