4 Articles match "Accounting","Sales","September"

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How Much for Those Lender Assets in the Window?
You could look at the Merrill sale and say, Aha! In September Merrill was bought by the Bank of America for $29 a share . Thats a 70 percent premium over the stocks pre-acquisition value — but far from the one-year high of $77.89. The WAMU Deal In September, JP Morgan Chase paid $1.9 One can see investors looking at delinquency and foreclosure rates, loan age and also geographic How Much for Those Lender Assets in the Window? By Peter G. Miller    Long ago there was a song which asked the magic question, how much
www.realtytrac.com - Tuesday, February 3, 2009
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Option ARM Borrowers Running Out Of Time
See: "Option ARMs, Its Later Than It Seems," September 2008.) For instance, to reduce down payment requirements borrowers could buy with "piggyback" financing, deals with a first loan equal to 80 percent of the purchase price and a second loan equal to 10 percent, 15 percent and even 20 percent of the sale value. In the end, the most likely solution will be loan modifications, new deals between option ARM borrowers and investors to avoid foreclosure sales and massive losses." Why Option ARMs? Option ARM Borrowers Running Out Of Time By Peter G. Miller 
www.realtytrac.com - Tuesday, February 3, 2009
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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. Only a slight uptick 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 forecasters
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • The Best from RealtyTrac MORE
  • 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. Only a slight uptick 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 forecasters
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • How Much for Those Lender Assets in the Window?
    You could look at the Merrill sale and say, Aha! In September Merrill was bought by the Bank of America for $29 a share . Thats a 70 percent premium over the stocks pre-acquisition value — but far from the one-year high of $77.89. The WAMU Deal In September, JP Morgan Chase paid $1.9 One can see investors looking at delinquency and foreclosure rates, loan age and also geographic How Much for Those Lender Assets in the Window? By Peter G. Miller    Long ago there was a song which asked the magic question, how much
    www.realtytrac.com - Tuesday, February 3, 2009
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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. Using the proceeds of the new FHA loan for existing loan holders via a short sale or a partial payment to pay off the existing mortgage is likewise similar. In a statement delivered before the Committee on Financial Services of the U.S. House of Representatives earlier this week, John M.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Option ARM Borrowers Running Out Of Time
    See: "Option ARMs, Its Later Than It Seems," September 2008.) For instance, to reduce down payment requirements borrowers could buy with "piggyback" financing, deals with a first loan equal to 80 percent of the purchase price and a second loan equal to 10 percent, 15 percent and even 20 percent of the sale value. In the end, the most likely solution will be loan modifications, new deals between option ARM borrowers and investors to avoid foreclosure sales and massive losses." Why Option ARMs? Option ARM Borrowers Running Out Of Time By Peter G. Miller 
    www.realtytrac.com - Tuesday, February 3, 2009
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