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5 Articles match "August","Homes","Income"
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The Latest from RealtyTrac
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Bank Insurance Fund Down 20 Percent in 2Q
Those Who Lose Homes May Face State Tax Hit August 25, 2009, San Francisco Chronicle Californians who lose their homes in a foreclosure, short-sale or deed in lieu of foreclosure this year could be hit with a state income tax on canceled or forgiven debt...( read more )
...Tags: Tags: foreclosure rates foreclosures FDI
Foreclosure Pulse
- Thursday, August 27, 2009
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. The remaining mortgages — perhaps a million or more — will
www.realtytrac.com
- Tuesday, February 3, 2009
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No Place Like Home
Two natural disasters that severely impacted Kansas homes this year have brought the issue to the forefront. Edmiston attributed the rising foreclosures to three factors: a greater share of nonprime mortgages, which inherently come with higher default rates; payment shock that comes when non-traditional mortgage products reset to higher monthly payments; and the low amount of equity in many homes. Edmiston provided an eye-opening example of how a monthly mortgage payment on As state Rep. Tom Borroughs noted this week at a housing conference here, Kansas is not on the cutting edge of innovative
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Getting Help to Stop Foreclosure, Avoid Home Foreclosure Process - RealtyTrac
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www.realtytrac.com
- Tuesday, February 3, 2009
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Bank Insurance Fund Down 20 Percent in 2Q
Those Who Lose Homes May Face State Tax Hit August 25, 2009, San Francisco Chronicle Californians who lose their homes in a foreclosure, short-sale or deed in lieu of foreclosure this year could be hit with a state income tax on canceled or forgiven debt...( read more )
...Tags: Tags: foreclosure rates foreclosures FDI
Foreclosure Pulse
- Thursday, August 27, 2009
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Latest Census Data Suggest More Foreclosures Coming
Census Bureau , based on 2005 data, suggests that the American public is spending more of their disposable income on necessities — especially owner occupied and rental housing. Take San Diego, for example, where the median price of a home jumped from $249,000 to $567,000 in five years (2000-2005). Not only is San Diego unaffordable for many first-time home buyers, but, according to the RealtyTrac U.S. Will the thinly stretched finances of U.S. homeowners lead to a sharp rise in foreclosures and a collapse of the so-called housing bubble?
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. The remaining mortgages — perhaps a million or more — will
www.realtytrac.com
- Tuesday, February 3, 2009
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