7 Articles match "America","Points"

• The Best from RealtyTrac

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• Lenders help their customers curb foreclosures
  
  Bank of America Corp. NovaStar’s Launch-Point program has helped more than 1,036 NovaStar borrowers find work without charging them a penny, according to the Columbus Dispatch . Launch-Point helps job-hunting mortgage customers prepare resumes, practice for job interviews, find job openings and evaluate how the real job interviews went. to see whether As borrowers falling behind on their mortgage payments increase in number, they are getting help form an unlikely source — the mortgage industry. Banks are increasingly testing new strategies to help curb mortgage delinquencies
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• 40 Is the New 30 for Lenders and Investors
  
  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. 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. 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, the companys press release also warns that equity will build up more slowly as a result of the lower payments and a lot more total interest will be paid over the extra 10 years.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• March Mania and RealtyTrac's Sweet 16 Foreclosure List
  
  Charlotte, NC — Opening Bid: $10,700 Scoring points in the foreclosure market is easier than reaching the NCAA’s Final Four. Don’t miss next weeks tip off, when RealtyTrac announces America’s “Elite Eight” — a fast break list of the most expensive foreclosures in the nation. Posted 03-23-2007 4:38 PM by Octavio Each spring brings the beginning of the real estate sales season and the end of college basketball, culminating with March Mania and the much awaited NCAA Sweet 16 playoff. This weekend, as the best college basketball players
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Fed Gives in to Peer Pressure
  
  The Federal Open Market Committee did finally cave in to pressure from peers, industry analysts, and even the public at large and slashed the federal funds rate 50 basis points Tuesday to 4.75 In a simultaneous move Tuesday, the Fed’s Board of Governors also reduced its discount rate (the rate charged by banks to each other to borrow funds overnight) by 50 basis points to 5.25 So were Television reporters — their crystal balls in tow — were talking about it like it was a done deal before it was even announced. Analysts were beyond whether it was going to happen.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Federal Lifeline DOA for Most People
  
  As Myers points out in her story, the new housing bill signed by President Bush earlier in the week will help a fraction of the families facing foreclosure. They would not be the first people in America stuck in that situation. Although, as Myers pointed out, this family won’t qualify for the program under the new housing bill anyway because they don’t fit the preferred profile: people who, but for their mortgage, After listening to NBC Senior Correspondent Lisa Myers’ story on The Today Show last week, I am more convinced than ever that, as the old saying goes, people want their cake and to eat it too!
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• High-End Foreclosures Rising Among Top Tier Homes
  
  said there will be more troubles for upscale flippers, high-end prime borrowers, developers and lenders. “Upscale foreclosures are a growing trend,” said McCabe, pointing to the overflow of some 30,000 unsold beachfront Miami condominiums. “The an exclusive beachfront community and one of America’s wealthiest cities. 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. Now, everyone is lack of confident with the countrys economy, and we can point the culprit to the dropping house prices. Prices in most areas will drop on average another 20 percent and the Dow Jones Industrial will drop another 6,000 points. Dean Home prices in 20 of the nation's major metro areas in July were collectively down 16.3 percent
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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