11 Articles match "Associated","Example","Sales"

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• Latest Reports Sending Out Mixed Signals
  
  Two reports came out Tuesday that are prime examples of conflicting opinions and the confusion they can cause the average consumer or investor when it comes to assessing the state of the economy. The other report, released by the National Association of Realtors , reported that pending sales of existing homes were down 1.9 Yet, in the NAR announcement, chief economist Lawrence One report, the IBD/TIPP economic optimism index (published by Investor’s Business Daily and TechnoMetrica Market Intelligence), dropped to 39.2 in April, the largest drop in consumer confidence
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Glossary of Foreclosure and Real Estate Terminology - Realtytrac
  
  When recorded, it is the initial step in a Trustee’s Sale Proceeding. Notice of Trustee’s Sale A document which is mailed, advertised, posted and recorded. Among other information, it provides the date, time and location of the Trustee’s Sale and also contains a description of the property to be sold. Postponement A verbal announcement made at the time and place of the scheduled Trustee’s Sale. Check out our NEW Features! Login Why Join? FREE Trial Feedback Help
  www.realtytrac.com - Tuesday, February 3, 2009
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• Foreclosure Financing and Foreclosure Refinancing - RealtyTrac
  
  More than 1 million total properties including REO, For Sale by Owner, and Home Auctions! Finding financing for the foreclosure deal... Depending on the price range of the foreclosure properties an investor plans to buy, he or she will need startup capital to pay the loan reinstatement costs, rehab costs, closing costs, carrying costs, sales marketing costs and other expenses associated with buying and carrying foreclosure real estate. Foreclosure
  www.realtytrac.com - Tuesday, February 3, 2009
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• 40 Is the New 30 for Lenders and Investors
  
  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. Even though prices are up, home sales volume is down dramatically -- just ask the National Association of Realtors -- homeowners are not refinancing anywhere near the levels seen even just a year ago, and the number of new homes under construction is declining as is building permits. 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.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• The Fed Rate Decision is Ongoing'
  
  For example, for 17 consecutive meetings the Fed raised interest rates by a quarter of a percent each time (25 basis points in economist lingo), and the code word they used to justify those rate increases was adjustment . Even the National Association of Realtors, which originally thought the nation’s housing market would turn around significantly by year-end 2007, is pulling back a bit on its forecast , now calling for home sales to stabilize where they are this year, with noticeable improvement in sales activity by mid-2008. The Federal Reserve is starting to sound like a broken record.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Separating the wheat from the chaff: legitimate foreclosure investors vs. scammers
  
  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. There are some (not all) reputable investors who will pay the deficit balance, ask you to keep the existing loan in your name and assist in selling the home, often taking a portion of the profits as payment for using their money while the property is for sale. An article in the Los Angeles Times onTuesday documented the sad story of a defaulted homeowner who was thevictim of alleged foreclosure fraud.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• The Government Goes After Loan Officers
  
  Most investors who bought these securities,” says the SEC, “lacked the cash or income to do so, but were urged by their brokers to raise the money to pay for the purchases and the monthly payments required for these products by refinancing their fixed-rate mortgages into subprime adjustable-rate negative amortization mortgages.” According to the SECs complaint “each defendant was a mortgage broker as well as a registered representative and collected compensation from the mortgage refinancings as well as the sales of securities. In making the sales, the brokers allegedly misrepresented
  www.realtytrac.com - Tuesday, February 3, 2009
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• Stop Home Foreclosure
  
  Your lender may agree to accept the sale as total satisfaction of your mortgage obligation even if the proceeds of the sale are less than the amount that you actually owe. This is called a short sale. The "as is” appraised value and the sale price should be least 70 percent to 80 percent of the unpaid principal balance of the home. How to Sell Your House Quickly When Facing Foreclosure By LaTonya S. Johnson    If you are currently in foreclosure, strongly consider selling your property as a backup plan.
  www.realtytrac.com - Tuesday, February 3, 2009
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• How Much for Those Lender Assets in the Window?
  
  You could look at the Merrill sale and say, Aha! One can see investors looking at delinquency and foreclosure rates, loan age and also geographic concentrations, down payment data, equity, income, credit ratings, sale terms and other factors. lot of loan servicers, accountants and attorneys are going to be working nights and weekends to get the work done.” As an example, the surprise in the WAMU deal was not the high default rates for subprime or option ARMs, rather it was the huge losses associated with home equity lending. How Much for Those Lender Assets in the Window? By Peter G.
  www.realtytrac.com - Tuesday, February 3, 2009
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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. In effect, waiving prepayment penalties that may not be collected is far better than losing homes to foreclosures and short sales. Negative Amortization Wachovia is also trying to make the
  www.realtytrac.com - Tuesday, February 3, 2009
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