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8 Articles match "2008","Example","Washington"
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The Latest from RealtyTrac
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No Mortgage Meltdown For These Banks
As one example, Hermance says that of 50,000 New Jersey mortgages his bank bought back just two properties during a recent 12-month period. In a remarkable advocacy ad in The Washington Post , ING said “we believe that lending institutions should share responsibility with the people to whom they lend. While many lenders are underwater, for the second quarter of 2008 the ING Group reported net income of $1.9 No Mortgage Meltdown For These Banks By Peter G. Miller The news from Wall Street in recent weeks has not been
www.realtytrac.com
- Tuesday, February 3, 2009
Long-Term Solution for Fannie and Freddie Dilemma
Second, some people think it would be a really good idea to dismember Fannie Mae and Freddie Mac. "I say that we cant let them go fast enough," explains a commenter by the name of Wazzel who posted on the Washington Independent website. "Let At Fannie Mae, as one example, the company incentive plan paid 749 employees an average bonus of $86,952.56 Long-Term Solution for Fannie and Freddie Dilemma By Peter G. Miller Its been a rough year for Fannie Mae and Freddie Mac.
www.realtytrac.com
- Tuesday, February 3, 2009
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Mayors Predict Rising Foreclosures in 2008
New York, for example, is expected to lose $10.4 billion in economic activity in 2008, followed by Los Angeles at $8.3 billion, Dallas and Washington at $4 billion each, and Chicago at $3.9 Tell us what you think. Posted 11-29-2007 7:46 AM by Octavion Filed under: Foreclosure Trends , Real Estate Trends Mounting home foreclosures will lead to “profound” effects on the economy next year, bleeding billions of dollars in lost tax revenues, shrinking job growth and reducing consumer spending in the nation’s major metropolitan areas, according to a new report released this week by the U.S.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Where to find the best deals on foreclosures
For example, the average savings on a foreclosure property in California was less than 20 percent. And foreclosure rates in California, New York and Washington were well below the national average, meaning that relatively few foreclosure properties were available to interested buyers and investors. For example, foreclosures in Monroe County (Rochester), New York sold for an average price of $59,591 — 47.82 It’s important for buyers and investors who are interested in the foreclosures market to carefully evaluate local market conditions before diving into foreclosures in any given area.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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40 Is the New 30 for Lenders and Investors
Wells Fargo, for example, just announced that it is joining the growing number of lenders, like Washington Mutual and Bank of America, that are offering 40-year fixed-rate loans. Well, as Fed Chairman Ben Bernanke decides on his next move -- will he or wont he ratchet up interest rates another 25 basis points next month as most economists are predicting -- mortgage lenders are also pondering their next moves. Tauting the lower monthly payments the new product offers will appeal to first-time buyers, consumers in high-cost markets, real estate investors and buyers on a fixed income,
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Ohio Lawmaker Seeks Solution to Foreclosure Level
It looks like foreclosures are starting to become a national call to action for some Washington bureaucrats. One example — Rep. Steven C. LaTourette (R-Ohio) — who chaired a meeting of the U.S. House Finance Services Committee in Cuyahoga County Wednesday.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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The Legend of Foreclosure Vandalism Grows
The article claims that "real estate agents estimate that about half of foreclosed properties to be sold by mortgage companies nationwide have substantial damage, according to a new survey by Campbell Communications, a marketing and research firm based in Washington, D.C." That seems to be the most common story used when people talk about foreclosure vandalism, although Ive yet to hear one concrete (pun intended) example of this happening in real life. The Wall Street Journal is reporting that more and more homeowners forced out of their homes by foreclosure are turning to vandalism to lash out in some tangible way in a situation where they feel powerless.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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As Home Prices Plummet, When Will You Buy?
We sold a condo and bought a single-family home.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Long-Term Solution for Fannie and Freddie Dilemma
Second, some people think it would be a really good idea to dismember Fannie Mae and Freddie Mac. "I say that we cant let them go fast enough," explains a commenter by the name of Wazzel who posted on the Washington Independent website. "Let At Fannie Mae, as one example, the company incentive plan paid 749 employees an average bonus of $86,952.56 Long-Term Solution for Fannie and Freddie Dilemma By Peter G. Miller Its been a rough year for Fannie Mae and Freddie Mac.
www.realtytrac.com
- Tuesday, February 3, 2009
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No Mortgage Meltdown For These Banks
As one example, Hermance says that of 50,000 New Jersey mortgages his bank bought back just two properties during a recent 12-month period. In a remarkable advocacy ad in The Washington Post , ING said “we believe that lending institutions should share responsibility with the people to whom they lend. While many lenders are underwater, for the second quarter of 2008 the ING Group reported net income of $1.9 No Mortgage Meltdown For These Banks By Peter G. Miller The news from Wall Street in recent weeks has not been
www.realtytrac.com
- Tuesday, February 3, 2009
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