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4 Articles match "America","Points","Subprime"
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The Latest from RealtyTrac
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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 This is just the tip of the iceberg.” McCabe believes that delinquencies and defaults will rise not only among subprime borrowers, but among prime mortgages, Alt-A loans, teaser rate loans and low money-down loans as well, forcing homes valued at more than $750,000 into foreclosure. 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?
It is sobering to realize that weve just gotten through one wave (subprime) and are heading into several more waves of risky loans. 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. Home prices in 20 of the nation's major metro areas in July were collectively down 16.3 percent from a year ago, according to the S&P/Case-Shiller Home Price Index released today.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
Lenders help their customers curb foreclosures
Bank of America Corp. a Kansas City-based subprime mortgage lender, helps its customers find jobs. 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. As borrowers falling behind on their mortgage payments increase in number, they are getting help form an unlikely source — the mortgage industry. Banks
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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The Best from RealtyTrac
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Lenders help their customers curb foreclosures
Bank of America Corp. a Kansas City-based subprime mortgage lender, helps its customers find jobs. 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. As borrowers falling behind on their mortgage payments increase in number, they are getting help form an unlikely source — the mortgage industry. Banks
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. For the best foreclosure opportunities during the subprime meltdown, join RealtyTrac for the most comprehensive foreclosure data nationwide. 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. 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.
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 This is just the tip of the iceberg.” McCabe believes that delinquencies and defaults will rise not only among subprime borrowers, but among prime mortgages, Alt-A loans, teaser rate loans and low money-down loans as well, forcing homes valued at more than $750,000 into foreclosure. 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?
It is sobering to realize that weve just gotten through one wave (subprime) and are heading into several more waves of risky loans. 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. Home prices in 20 of the nation's major metro areas in July were collectively down 16.3 percent from a year ago, according to the S&P/Case-Shiller Home Price Index released today.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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