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5 Articles match "America","Example","Owner"
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The Latest from RealtyTrac
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How Much for Those Lender Assets in the Window?
In September Merrill was bought by the Bank of America for $29 a share . lot of loan servicers, accountants and attorneys are going to be working nights and weekends to get the work done.” As an example, the surprise in the WAMU deal was not the high default rates for subprime or option ARMs, rather it was the huge losses associated with home equity lending. At the same time, the Merrill discount may be too steep for owners without a pressing need to sell their mortgage paper. ____________________ How Much for Those Lender Assets in the Window? By Peter G.
www.realtytrac.com
- Tuesday, February 3, 2009
High-End Foreclosures Rising Among Top Tier Homes
Brady said the owners of high-end Hampton foreclosures tend to be “people who kept pulling money out of their houses for their business, using equity in their second homes to pay business debt, credit cards, buy cars, go on trips.” an exclusive beachfront community and one of America’s wealthiest cities. The Hearst foreclosure is an extreme example 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.
www.realtytrac.com
- Tuesday, February 3, 2009
As Home Prices Plummet, When Will You Buy?
For example you see Bank of America adopting a massive, systematic loan modification program. Many banks and owners are still not willing to lower their prices. Understandably, they don’t want to take their losses and perhaps are waiting for additional bailout from the government With the upcoming severe economic downturn, why would anyone buy now at these high prices? Home prices in 20 of the nation's major metro areas in July were collectively down 16.3 percent from a year
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosures in Money's 'Best Places to Live'
Money magazine came out last week with another of its Top 10 lists; this one called "America’s Best Places to Live 2006 ." That’s more than all the for sale by owner, resale and new homes listed on RealtyTrac in Fort Collins The rest of Money’s Top 10 list includes: 2) Naperville, Ill.; This list in Money magazine, supported by data acquired from RealtyTrac, is a prime example of this. Posted 07-24-2006 5:00 And the winner is . . . Fort Collins, Colorado.
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. Maybe, if those owners can qualify, and Wells Fargo and the other lenders allow refinancing using the 40-year product. 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
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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How Much for Those Lender Assets in the Window?
In September Merrill was bought by the Bank of America for $29 a share . lot of loan servicers, accountants and attorneys are going to be working nights and weekends to get the work done.” As an example, the surprise in the WAMU deal was not the high default rates for subprime or option ARMs, rather it was the huge losses associated with home equity lending. At the same time, the Merrill discount may be too steep for owners without a pressing need to sell their mortgage paper. ____________________ How Much for Those Lender Assets in the Window? By Peter G.
www.realtytrac.com
- Tuesday, February 3, 2009
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High-End Foreclosures Rising Among Top Tier Homes
Brady said the owners of high-end Hampton foreclosures tend to be “people who kept pulling money out of their houses for their business, using equity in their second homes to pay business debt, credit cards, buy cars, go on trips.” an exclusive beachfront community and one of America’s wealthiest cities. The Hearst foreclosure is an extreme example 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.
www.realtytrac.com
- Tuesday, February 3, 2009
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As Home Prices Plummet, When Will You Buy?
For example you see Bank of America adopting a massive, systematic loan modification program. Many banks and owners are still not willing to lower their prices. Understandably, they don’t want to take their losses and perhaps are waiting for additional bailout from the government With the upcoming severe economic downturn, why would anyone buy now at these high prices? Home prices in 20 of the nation's major metro areas in July were collectively down 16.3 percent from a year
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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