2 Articles match "2010","Houses","Top"

The Latest from RealtyTrac MORE
Option ARM Borrowers Running Out Of Time
Of all the mortgage ideas developed during the past few years, none tops the option ARM for sheer awfulness. Among these loans, Fitch expects roughly $29 billion to recast by the end of 2009 and an additional $67 billion to recast in 2010 -- thats almost half of all the option loans now held by lenders. (See: According to Fitch "the potential average payment increase on this recasting population is 63 percent, representing on average an additional $1,053 due each month Option ARM Borrowers Running Out Of Time By Peter G. Miller   
www.realtytrac.com - Tuesday, February 3, 2009
READ MORE
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. The rising trend of prime delinquencies among the wealthy poses a new threat to a battered housing market, which McCabe and others specialists claim is in a recession or heading towards one. “The next
www.realtytrac.com - Tuesday, February 3, 2009
READ MORE
  • The Best from RealtyTrac MORE
  • 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. The rising trend of prime delinquencies among the wealthy poses a new threat to a battered housing market, which McCabe and others specialists claim is in a recession or heading towards one. “The next
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE
  • Option ARM Borrowers Running Out Of Time
    Of all the mortgage ideas developed during the past few years, none tops the option ARM for sheer awfulness. Among these loans, Fitch expects roughly $29 billion to recast by the end of 2009 and an additional $67 billion to recast in 2010 -- thats almost half of all the option loans now held by lenders. (See: According to Fitch "the potential average payment increase on this recasting population is 63 percent, representing on average an additional $1,053 due each month Option ARM Borrowers Running Out Of Time By Peter G. Miller   
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE