9 Articles match "Associated","Company","Houses"

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• Buying Bank-Owned REOs at the Auction - RealtyTrac
  
  Lenders use auction companies because they move inventory quickly. According to the National Auctioneers Association, the fastest growing sector of the $257.2 When banks take back foreclosed-upon homes, they sometimes hire auction houses to unload properties. Bidders must be registered prior to the auction with the company conducting Buying Bank-Owned REOs at the Auction Search Properties | Free 7-Day Trial Thanks to a sharp rise in foreclosure filings nationwide, homebuyers and real estate investors are increasingly likely to encounter bank-owned properties that are for sale at real estate auctions.
  www.realtytrac.com - Tuesday, February 3, 2009
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• Glossary of Foreclosure and Real Estate Terminology - Realtytrac
  
  The announcement establishes the new date and time for the Trustee’s Sale. Publication Letter The authorization from the homeowners association for the Trustee to set the sale date and begin notification and publication of the Notice of Trustee’s Sale. Pre-Publication Period This is a statutory minimum time period of three months following the recording of the Notice of Default which the trustee must wait before setting a date for the Trustee’s Sale. Publication Period The time period beginning after the Pre-Publication Period and ending with the Trustee’s
  www.realtytrac.com - Tuesday, February 3, 2009
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• Fannie: Q1 a Swift Kick in the Rear
  
  It may have been created and chartered by the federal government, but Fannie Mae (the Federal National Mortgage Association) is first and foremost a private company responsible to shareholders for running at a profit. billion for Q1 2008 as a result of higher charge-offs, defaults and average loan loss severities, the company release notes. Fannie’s And as with many corporations in this country, the national economy is kicking Fannie around…fast and hard! One of the nation’s two Government Sponsored Enterprises (GSEs), Fannie reported a first quarter net loss of $2.2
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Economic Indicators: Image Is Everything
  
  1) The National Association of Realtors announced Monday that existing home sales nationwide were up for the month of February compared to January. 2) On Tuesday, the Standard & Poor’s/Case-Shiller home price index reported the worst decline in home prices since the company started tracking data back in 1987. Still, on a yearly basis existing home sales were down almost 24 percent from February 2007, and the national median When it comes to purchasing real estate — either as a primary residence or as an investment — perception is everything. When reports of telltale economic
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Separating the wheat from the chaff: legitimate foreclosure investors vs. scammers
  
  an Irvine-based company thatmonitors foreclosures. At the same time, thesteep rise in housing prices over the last few years has created amassive amount of equity in many properties — a tempting target forswindlers. In any case, legitimate foreclosure investors willneed to find ways to overcome the stigma associated with foreclosureinvesting because of the increased attention to this problem. An article in the Los Angeles Times onTuesday documented the sad story of a defaulted homeowner who was thevictim of alleged foreclosure fraud. The homeowner said he was trickedinto
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Legislating Lower Foreclosure Rates?
  
  An Illinois law intended to help reduce foreclosures is drawing cries of discrimination from some of the people it is trying to protect, according to the Chicago Defender newspaper. “Nearly 60 days after Illinois House Bill 4050 went into effect to supposedly protect consumers from predatory lenders, a coalition of Black and Latino city residents say the new law is actually destroying property values in select minority communities.” The law is a pilot program that is being applied in 10 Chicago zip codes chosen for their high foreclosure rates, among other factors. But opponents
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Wachovia Changes The Lending Game
  
  More significantly — and unlike Wachovia’s competitors — it’s making it easier for borrowers to dump option-ARMs by waiving the prepayment penalties routinely associated with such loans. “Effectively immediately,” says the company, “Wachovia is waiving all prepayment fees associated with its Pick-A-Pay mortgage to allow customers complete flexibility in their home financing decisions. If that happens, the Wachovia plan may well be responsible for saving tens of thousands of families from foreclosure.” Washington On Capitol Hill, both the House and the Senate have
  www.realtytrac.com - Tuesday, February 3, 2009
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• Don't Dump Investors
  
  Miller    When it comes to bailing out giant banks, huge companies and massive stock brokerages theres no shortage of government interest and activity. After all, its in our national interest to protect investors — unless, of course, theyre folks who merely bought a house or two. According to the National Association of Realtors, the median price of an existing Don’t Dump Investors By Peter G. The investor double-standard is hardly hidden.
  www.realtytrac.com - Tuesday, February 3, 2009
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• Option ARM Borrowers Running Out Of Time
  
  The ability to afford a bigger mortgage also meant the ability to buy a bigger and better house. With real roulette when gamblers lose the house wins. Given the inherent flaws and risks associated with option ARMs the question has to be asked: Why did lenders offer such financing? As to lender share prices and dividends, how attractive Option ARM Borrowers Running Out Of Time By Peter G. Miller    Step right up folks.
  www.realtytrac.com - Tuesday, February 3, 2009
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