3 Articles match "Auctions","Colorado","Foreclose"

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CO Gives Owners More Time to Fix Foreclosure
gives Colorado homeowners who enter foreclosure more time to “cure” the loan in foreclosure before the public foreclosure sale. In the past, Colorado homeowners had 45 to 60 days from the commencement of foreclosure proceedings — initiated by what is called a notice of election and demand — to cure the loan by making all past-due payments along with late charges and other costs. This redemption period allowed homeowners who had been foreclosed on A state law that took effect Jan. 1
www.foreclosurepulse.com - Tuesday, December 16, 2008
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Foreclosure Activity Deflating or Just Deferred?
As can be seen in the chart below, the default and auction categories experienced double- and triple-digit YOY percentage increases for much of 2007. Meanwhile, REO (bank repossession) activity actually decreased on a YOY basis in January and February of 2007 but gradually started to gain momentum in the second half of 2007, and increases in REOs have far outpaced the increases in defaults and auctions in all six months of 2008. One could argue that this chart shows that the bulk of the properties that were at risk for foreclosure have migrated through the process and are now being
www.foreclosurepulse.com - Tuesday, December 16, 2008
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Is Eight Enough?
The number of properties with some sort of foreclosure action against them (default notice, auction notice, bank repossession) has consistently risen for the past eight quarters (see chart). One example is Colorado, whose foreclosure rate ranked No. The Colorado Division of Housing set up a foreclosure hotline to help people facing foreclosure. While there have been monthly fluctuations up and down during this time period, the quarterly numbers consistently have been up quarter over quarter, and the most recent quarter was no exception, according to the U.S. Foreclosure
www.foreclosurepulse.com - Tuesday, December 16, 2008
READ MORE
  • The Best from RealtyTrac MORE
  • CO Gives Owners More Time to Fix Foreclosure
    gives Colorado homeowners who enter foreclosure more time to “cure” the loan in foreclosure before the public foreclosure sale. In the past, Colorado homeowners had 45 to 60 days from the commencement of foreclosure proceedings — initiated by what is called a notice of election and demand — to cure the loan by making all past-due payments along with late charges and other costs. This redemption period allowed homeowners who had been foreclosed on A state law that took effect Jan. 1
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Foreclosure Activity Deflating or Just Deferred?
    As can be seen in the chart below, the default and auction categories experienced double- and triple-digit YOY percentage increases for much of 2007. Meanwhile, REO (bank repossession) activity actually decreased on a YOY basis in January and February of 2007 but gradually started to gain momentum in the second half of 2007, and increases in REOs have far outpaced the increases in defaults and auctions in all six months of 2008. One could argue that this chart shows that the bulk of the properties that were at risk for foreclosure have migrated through the process and are now being
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Is Eight Enough?
    The number of properties with some sort of foreclosure action against them (default notice, auction notice, bank repossession) has consistently risen for the past eight quarters (see chart). One example is Colorado, whose foreclosure rate ranked No. The Colorado Division of Housing set up a foreclosure hotline to help people facing foreclosure. While there have been monthly fluctuations up and down during this time period, the quarterly numbers consistently have been up quarter over quarter, and the most recent quarter was no exception, according to the U.S. Foreclosure
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE