4 Articles match "2007","Owner-Occupied","Sales"

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Don't Dump Investors
Blinder, a professor of economics and public affairs at Princeton University and a former vice chairman of the Federal Reserve, could not be more clear: He suggests that the government should develop a federal program to buy out mortgages from lenders, just as it did during the Depression — to “refinance only owner-occupied residences. Introducing the Hope Now program in 2007, President Bush said “weve got a role, the government has got a role to play — but it is limited. Don’t Dump Investors By Peter G. Miller    When it comes
www.realtytrac.com - Tuesday, February 3, 2009
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Feb. Foreclosure Report: Are We at Bottom Yet?
February foreclosure activity was down 4 percent from the previous month but still up 57 percent from February 2007, according to the latest RealtyTrac U.S. That premise is supported by looking at the numbers in February 2007, when U.S. The next official metro list will be for the first quarter of 2007 and should be out around the third week in April. Foreclosure Market Report . So does the monthly decrease mean weve hit a ceiling of sorts for this cycle in terms of foreclosures?
www.foreclosurepulse.com - Tuesday, December 16, 2008
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OTS Director Offers Alternative Plan to Congress
Reich pointed to the FHASecure program as an example, where 116,000 loans have closed since the program was launched in September 2007, but only 1,500 of them were made to refinance delinquent conventional loans. Under the FHA Housing Stabilization and Homeownership Retention Act of 2008 (the HSHR Act), the FHA proposes to guarantee up to $300 billion in new mortgages to refinance existing eligible mortgages originated between January 1, 2005 and July 1, 2007, the report notes. In a statement delivered before the Committee on Financial Services of the U.S. House of Representatives
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • A Small Silver Lining in Q1 Foreclosure Storm
    Foreclosure activity in Detroit was down nearly 4 percent from the first quarter of 2007, although the citys foreclosure rate still ranked No. The Detroit Free Press reported that "Detroit home sales shot up 30.8% moratorium on all foreclosure sales scheduled in April there has now been replaced by a pilot program that delays foreclosure proceedings on owner-occupied properties until the homeowner and lender meet in a "conciliation While foreclosure activity in the first quarter of 2008 was up on a year-over-year basis in 90 percent of the nations 100 largest metropolitan areas, according to the RealtyTrac Q1 report issued today, there were a few notable exceptions that could prove to be a harbinger of hope for the nations battered housing market.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Feb. Foreclosure Report: Are We at Bottom Yet?
    February foreclosure activity was down 4 percent from the previous month but still up 57 percent from February 2007, according to the latest RealtyTrac U.S. That premise is supported by looking at the numbers in February 2007, when U.S. The next official metro list will be for the first quarter of 2007 and should be out around the third week in April. Foreclosure Market Report . So does the monthly decrease mean weve hit a ceiling of sorts for this cycle in terms of foreclosures?
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Don't Dump Investors
    Blinder, a professor of economics and public affairs at Princeton University and a former vice chairman of the Federal Reserve, could not be more clear: He suggests that the government should develop a federal program to buy out mortgages from lenders, just as it did during the Depression — to “refinance only owner-occupied residences. Introducing the Hope Now program in 2007, President Bush said “weve got a role, the government has got a role to play — but it is limited. Don’t Dump Investors By Peter G. Miller    When it comes
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE
  • OTS Director Offers Alternative Plan to Congress
    Reich pointed to the FHASecure program as an example, where 116,000 loans have closed since the program was launched in September 2007, but only 1,500 of them were made to refinance delinquent conventional loans. Under the FHA Housing Stabilization and Homeownership Retention Act of 2008 (the HSHR Act), the FHA proposes to guarantee up to $300 billion in new mortgages to refinance existing eligible mortgages originated between January 1, 2005 and July 1, 2007, the report notes. In a statement delivered before the Committee on Financial Services of the U.S. House of Representatives
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE