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18 Articles match "Associated","Homes","Listings"
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The Latest from RealtyTrac
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The Government Goes After Loan Officers
The list of potentially suspect loans can then be reduced by comparing borrower names with unemployment compensation lists, death certificates, insurance claims, locations within presidentially-declared disaster areas and communities which have suffered severe economic declines. 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
www.realtytrac.com
- Tuesday, February 3, 2009
How Much for Those Lender Assets in the Window?
billion in home equity loans and lines of credit. Expected remaining losses: 19 percent ($30.706 billion) “The JPMorgan Chase valuations are must reading for any buyer of mortgage-backed securities,” says Jim Saccacio, Chairman and CEO at RealtyTrac.com, the countrys largest source of foreclosure listings and data. “What 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 How Much for Those Lender Assets in the Window? By Peter G.
www.realtytrac.com
- Tuesday, February 3, 2009
No Mortgage Meltdown For These Banks
Saccacio, chief executive officer at the country’s largest provider of foreclosure data and listings, RealtyTrac.com . “Instead, percent of all loans outstanding according to the Mortgage Bankers Association. Loans can be brought current and homes can be sold or refinanced to avoid foreclosure. No Mortgage Meltdown For These Banks By Peter G. Miller The news from Wall Street in recent weeks has not been good, especially in the world of mortgages.
www.realtytrac.com
- Tuesday, February 3, 2009
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The Best from RealtyTrac
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Stop Home Foreclosure
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. For example, if you owe $180,000 on your existing home loan, then the house must sell for a minimum of $126,000. There are three steps that must be taken in order to successfully sell your home quickly. 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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As Home Prices Plummet, When Will You Buy?
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. quot; Las Vegas and Phoenix posted the two biggest annual declines in home prices of the 20 metro areas tracked in the report, followed by Miami with a 28.2 Prices in those metro areas were down 19.5 percent from their peak in July 2006. "There
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Whitney Houston: Diva in Default
Thanks to delinquent mortgage payments totaling more than $1million, singer Whitney Houston faces the possibility of foreclosure on a home in New Jersey, according to the AssociatedPress . Houston’spublicist told a local newspaper that the property is not in foreclosure andlater was not available for comment to the Associated Press. was listed as a pre-foreclosureon RealtyTrac in June The news service reports that one of two lots owned by Houston was scheduled for public auction on January 4 by the Morris County’sSheriff’s office. A
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Ed McMahon Fighting Foreclosure
million loan for a home in Beverly Hills, California. McMahon’s home has been on the market for about two years and is listed for $6.25 The Hollywood dream home has six bedrooms, five bathrooms and is located on a hilltop and is part of a gated community called “ The Summit ,” according to the Associated Press . Ed McMahon, who for decades appeared as Johnny Carson’s sidekick on “The Tonight Show,” is the latest casualty of an ever-growing foreclosure crisis that is gripping the nation. Yesterday, the Wall Street Journal reported that McMahon was $644,000 in arrears on a $4.8
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Buying Bank-Owned REOs at the Auction - RealtyTrac
The increased presence of lender-owned homes in the market — known in the banking industry as REOs, for "real estate owned" — is fallout from the recent real estate boom that marked the first half of this decade. At the Auction! According to the National Auctioneers Association, the fastest growing sector of the $257.2 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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Extreme' Dream Gone Bust
ABC’s Extreme Makeover Home Edition came to the rescue, demolishing the Harper’s old run down home with a faulty septic tank and replacing it with a 5,300 square-foot, two-story dream home in Lake City, Georgia. When the show first aired back on February 20, 2005, the home was the largest ever built in a week by the show. 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. Three years ago Patricia and Milton Harper received a gift courtesy of reality television.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosure Filings Soar 90 Percent
Saccacio, chief executive officer of RealtyTrac, said a jump in foreclosures at a time of year that traditionally is the busiest for home sales means the slide in prices probably isn't over. “Such strong activity in the midst of the typical spring buying season could foreshadow even higher foreclosure levels later in the year,” said Saccacio. “Certainly Certainly not every community nationwide is seeing an increase in foreclosures, but foreclosed properties are becoming more commonplace and adding to the downward pressure on home prices in many areas.” A growing number of American homeowners across the country are getting foreclosure notices, according to new data released this week by RealtyTrac.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Digital Real Estate Data Means "OPEN HOUSE" 24/7
The Internet is rapidly and radically transforming the way people buy and sell homes. Today, in the new digital democracy, more than 80 percent of house-hunters use the Internet to help them find a home, according to the National Association of Realtors . Gone are the days when real estate agents guarded the Multiple Listing Service (MLS) information. An avalanche of information now available on the World Wide Web is shifting the balance of power in the real estate industry and giving homebuyers and sellers more control over the deal than ever before — and changing the nature of real estate forever.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosure Mortgage Loans - Estimating the Costs Involved - RealtyTrac
More than 1 million total properties including REO, For Sale by Owner, and Home Auctions! In a buyer’s market... For anyone seriously considering buying a property and making the commitment to years of monthly mortgage payments on a home, use of financial calculators is key to determining the overall affordability of the property and the likelihood that the buyer or investor can stay on top of the mortgage payments. Foreclosure Mortgage Loans: Estimating the Costs Involved Search Properties | Free 7-Day Trial Search nearly 650,000 Foreclosure and Bank-Owned properties.
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... While homebuyers are very happy to see home prices dropping, the credit crunch has put a clamp on foreclosure financing and many foreclosure lenders are scrutinizing each deal. Foreclosure Financing: How to Buy Foreclosure Real Estate Search Properties | Free 7-Day Trial Search nearly 650,000 Foreclosure and Bank-Owned properties.
www.realtytrac.com
- Tuesday, February 3, 2009
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