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6 Articles match "Arizona","Equity","Trends"
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The Latest from RealtyTrac
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Five More U.S. Banks Are Seized, Pushing Total for Year to 89
Banks Are Seized, Pushing Total for Year to 89 Bloomberg News, September 5, 2009 Lenders in Illinois, Iowa, Missouri and Arizona collapsed, pushing the number of bank failures to 89 this year amid continuing fallout from the worst economic...( Tags: Foreclosure Trends foreclosures negative equit Five More U.S. read more )
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Foreclosure Pulse
- Tuesday, September 8, 2009
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 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 two years are going to be pretty ugly in South Florida,” predicted McCabe, saying that Florida real estate will drop by another 10 to 15 percent
www.realtytrac.com
- Tuesday, February 3, 2009
FBI: Mortgage Fraud Begets Foreclosure
The FBI also lists Arizona, Colorado, Maryland, Minnesota, Missouri, Nevada, North Carolina, Tennessee, and Virginia as other areas significantly affected by mortgage fraud. The report identifies the most common scam as “illegal property flipping.” In extreme instances, perpetrators may sell the home or secure a second loan without the homeowners’ knowledge, stripping the property’s equity for personal enrichment.” More states are enacting legislation to protect homeowners against such fraud, and justifiably so. The FBI recently came out with its 2006 Mortgage Fraud Report , which somewhat anticlimactically concludes that there is “a strong correlation between mortgage fraud and loans which result in default or foreclosure.”
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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The Best from RealtyTrac
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Five More U.S. Banks Are Seized, Pushing Total for Year to 89
Banks Are Seized, Pushing Total for Year to 89 Bloomberg News, September 5, 2009 Lenders in Illinois, Iowa, Missouri and Arizona collapsed, pushing the number of bank failures to 89 this year amid continuing fallout from the worst economic...( Tags: Foreclosure Trends foreclosures negative equit Five More U.S. read more )
...Tags:
Foreclosure Pulse
- Tuesday, September 8, 2009
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FBI: Mortgage Fraud Begets Foreclosure
The FBI also lists Arizona, Colorado, Maryland, Minnesota, Missouri, Nevada, North Carolina, Tennessee, and Virginia as other areas significantly affected by mortgage fraud. The report identifies the most common scam as “illegal property flipping.” In extreme instances, perpetrators may sell the home or secure a second loan without the homeowners’ knowledge, stripping the property’s equity for personal enrichment.” More states are enacting legislation to protect homeowners against such fraud, and justifiably so. The FBI recently came out with its 2006 Mortgage Fraud Report , which somewhat anticlimactically concludes that there is “a strong correlation between mortgage fraud and loans which result in default or foreclosure.”
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Flamboyant Foreclosures
Loaded with all the accouterments blue bloods require, this equity-rich residence is luxury living at its best. List Price: $1,250,000 If ocean breezes aren’t your thing, maybe this Arizona gem will fit your budget. Sign up for a FREE RealtyTrac trial today . Posted 08-06-2008 10:29 AM by Octavion Filed under: Foreclosure Trends , foreclosures , ritzy repos , Flamboyant Mention the word “foreclosure” and most investors conjure up images of run-down and dilapidated properties located in undesirable neighborhoods.
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 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 two years are going to be pretty ugly in South Florida,” predicted McCabe, saying that Florida real estate will drop by another 10 to 15 percent
www.realtytrac.com
- Tuesday, February 3, 2009
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Bush Foreclosure Solution Just Adds Water
Most people facing foreclosure at any time, no matter the cause, probably don’t have either the income or the equity to pay the higher taxes on the forgiven debt to begin with. Stay tuned to ForeclosurePulse and RealtyTrac as this story continues to develop. Posted 10-05-2007 9:00 AM by joelc Filed under: Foreclosure Trends , Real Estate Trends Comments
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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As Foreclosures Mount, Candidates React to the Credit Crisis
Joseph Biden urged for more transparency in the operation of Wall Street hedge funds and private equity firms. “They Romney believes the government should simplify the mortgage process, ensure that regulators better monitor the industry and punish “bad actors.” Arizona Sen. With homes prices tumbling, foreclosures rising and a glut of unsold homes flooding the nation’s real estate markets, the relentless housing slide will continue to dominate the economic With mortgage foreclosures at historic highs, Democrats and Republicans are fighting over a political issue that could have major implications in the 2008 presidential campaign.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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