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7 Articles match "2007","November"
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The Latest from RealtyTrac
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MBA Numbers Mirror RealtyTrac Data:
Looking ahead to 2007, the mortgage association expects delinquencies and foreclosures to continue on the rise at a “modest increase” over the next several quarters “as the housing market bottoms.” More than 120,334 properties nationwide entered some stage of foreclosure in November, an increase of 4.1 The number of delinquent mortgage payments and foreclosures jumped in recent months, according to a new survey released today by the Mortgage Bankers Association . The MBA’s quarterly report — surveying more than 42 million mortgages nationwide — found that the rate of delinquencies
www.foreclosurepulse.com
- Tuesday, December 16, 2008
California Foreclosures 2007: Steady As She Goes
Through November, RealtyTrac tallied nearly 130,000 properties that entered some stage of foreclosure in California alone during 2006; accounting for roughly 11 percent of the nation’s foreclosures for the same period. The state hit its peak towards the end of the year, taking the nation’s top spot for September, October and November. That said, foreclosure A dubious honor at best, the Golden State maintained a level of foreclosure activity during the past year that kept it in the nation’s upper echelon in terms of state foreclosure totals. Economic data released recently by
www.foreclosurepulse.com
- Tuesday, December 16, 2008
"Subprime" voted 2007 Word of the Year
The American Dialect Society has chosen subprime as the word of the year for 2007, reflecting a “preoccupation of the press and public for the past year with the deepening mortgage crisis.” If the dip in foreclosure activity in November is indicative of the trend in 2008, then it could be “recovery.” The society defines subprime as “an adjective used to describe a risky or less than ideal loan, mortgage or investment.” The preoccupation with the subprime loan fallout also prompted the society to create a new category for its 18 th annual words-of-the-year vote: real estate
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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The Best from RealtyTrac
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Can Inflated Appraisals Create More Foreclosures?
Until November few people would have regarded Albany, NY as the center of the foreclosure meltdown, yet in a single week the state's attorney general radically changed the national mortgage debat
RealtyTrac Article Library
- Tuesday, December 4, 2007
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Can Inflated Appraisals Create More Foreclosures?
Until November few people would have regarded Albany, NY as the center of the foreclosure meltdown, yet in a single week the state's attorney general radically changed the national mortgage debat
RealtyTrac Article Library
- Tuesday, December 4, 2007
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California Foreclosures 2007: Steady As She Goes
Through November, RealtyTrac tallied nearly 130,000 properties that entered some stage of foreclosure in California alone during 2006; accounting for roughly 11 percent of the nation’s foreclosures for the same period. The state hit its peak towards the end of the year, taking the nation’s top spot for September, October and November. That said, foreclosure A dubious honor at best, the Golden State maintained a level of foreclosure activity during the past year that kept it in the nation’s upper echelon in terms of state foreclosure totals. Economic data released recently by
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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"Subprime" voted 2007 Word of the Year
The American Dialect Society has chosen subprime as the word of the year for 2007, reflecting a “preoccupation of the press and public for the past year with the deepening mortgage crisis.” If the dip in foreclosure activity in November is indicative of the trend in 2008, then it could be “recovery.” The society defines subprime as “an adjective used to describe a risky or less than ideal loan, mortgage or investment.” The preoccupation with the subprime loan fallout also prompted the society to create a new category for its 18 th annual words-of-the-year vote: real estate
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosure Activity Deflating or Just Deferred?
foreclosure activity in June decreased 3 percent from the previous month but was still up 53 percent from June 2007, according to the RealtyTrac U.S. In fact, the RealtyTrac report has shown month-to-month decreases in previous months, even during the dramatic run-up in foreclosure activity that has occurred over the past year and a half: in February 2008, November 2007, September 2007, June 2007, April 2007, and February 2007. U.S. Foreclosure Market Report released today.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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MBA Numbers Mirror RealtyTrac Data:
Looking ahead to 2007, the mortgage association expects delinquencies and foreclosures to continue on the rise at a “modest increase” over the next several quarters “as the housing market bottoms.” More than 120,334 properties nationwide entered some stage of foreclosure in November, an increase of 4.1 The number of delinquent mortgage payments and foreclosures jumped in recent months, according to a new survey released today by the Mortgage Bankers Association . The MBA’s quarterly report — surveying more than 42 million mortgages nationwide — found that the rate of delinquencies
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Make Food, Not Foreclosures
Just like it was in 2007, Wayne County has been a hotbed of foreclosure activity in Michigan so far in 2008. Wayne County Treasurer Raymond Wojtowicz is on board with the 20-plot program, entering into a partnership with the group back in November 2007. A non-profit group has launched a program to turn former foreclosures into farmland. National Public Radio is reporting that the non-profit group Urban Farming requested that Wayne County, Mich.,
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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