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4 Articles match "Associated","August"
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The Latest from RealtyTrac
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Existing Home Sales Rise for Fourth Straight Month in July
existing home sales fastest in 2 years August 21, 2009, Reuters Sales in July rose for the fourth straight month to hit an annual rate of 5.24 million units, the highest rate since August 2007, the National Association of Realtors said, beating...( Pace of U.S. read more )
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Foreclosure Pulse
- Friday, August 21, 2009
The Government Goes After Loan Officers
In August 2006, Steven Krystofiak, President of the Mortgage Brokers Association for Responsible Lending , testified before the Federal Reserve and said his group compared the income figures for 100 stated-income loans against borrower tax returns. Ninety percent of the stated-income loan applications showed earnings that were exaggerated by at least 5 percent. Sixty percent of the stated amounts were exaggerated by more than 50 percent. “Stated income loans,” Krystofiak testified , “help no one. The Government Goes After Loan Officers By Peter G. Miller
www.realtytrac.com
- Tuesday, February 3, 2009
Will Homeowners Sink or Swim?
Foreclosure Market Report, which shows 112,210 properties nationwide entered some stage of foreclosure during the month, a decrease of less than 1 percent from August, and a 63 percent increase from September 2005. And prices of existing homes fell in August for the first time in 11 years as sales dipped to their lowest level since early 2004, according to the National Association of Realtors . Many American homeowners — initially attracted to low teaser rates on those “exotic” ARMs and sub-prime loans — now find themselves swimming upstream in a desperate attempt to remain financially afloat.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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The Best from RealtyTrac
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MORE
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Existing Home Sales Rise for Fourth Straight Month in July
existing home sales fastest in 2 years August 21, 2009, Reuters Sales in July rose for the fourth straight month to hit an annual rate of 5.24 million units, the highest rate since August 2007, the National Association of Realtors said, beating...( Pace of U.S. read more )
...Tags: Tags:
Foreclosure Pulse
- Friday, August 21, 2009
-
Will Homeowners Sink or Swim?
Foreclosure Market Report, which shows 112,210 properties nationwide entered some stage of foreclosure during the month, a decrease of less than 1 percent from August, and a 63 percent increase from September 2005. And prices of existing homes fell in August for the first time in 11 years as sales dipped to their lowest level since early 2004, according to the National Association of Realtors . Many American homeowners — initially attracted to low teaser rates on those “exotic” ARMs and sub-prime loans — now find themselves swimming upstream in a desperate attempt to remain financially afloat.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Extreme' Dream Gone Bust
The home, built with the help of 1,800 volunteers and Atlanta-based Beazer Homes, is now scheduled for public foreclosure auction on August 5. A published report by the Associated Press says that in addition to building the home with $450,000 worth of donated labor and materials, the partners and employees at Beazer also contributed $250,000 for the family, including scholarships for the three children and a home maintenance fund. Three years ago Patricia and Milton Harper received a gift courtesy of reality television. ABC’s Extreme Makeover Home Edition came to
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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The Government Goes After Loan Officers
In August 2006, Steven Krystofiak, President of the Mortgage Brokers Association for Responsible Lending , testified before the Federal Reserve and said his group compared the income figures for 100 stated-income loans against borrower tax returns. Ninety percent of the stated-income loan applications showed earnings that were exaggerated by at least 5 percent. Sixty percent of the stated amounts were exaggerated by more than 50 percent. “Stated income loans,” Krystofiak testified , “help no one. The Government Goes After Loan Officers By Peter G. Miller
www.realtytrac.com
- Tuesday, February 3, 2009
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