5 Articles match "Bank Owned","June","Report"

• The Best from RealtyTrac

  MORE

• July Foreclosure Report
  
  foreclosure activity in July increased 8 percent from the previous month and 55 percent from July 2007, according to the RealtyTrac Foreclosure Market Report released today. View state-by-state details . Bank Repossessions (REOs) accounted for 28 percent of all activity during the month, while defaults accounted for 41 percent and auction notices accounted for 31 percent. U.S. That is in contrast to REOs accounting for just 16 percent of all activity in July 2007, while defaults in July 2007 were still at 41 percent and auction notices were at 43 percent.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE
• Exclusive Interview with Dave Webb of Hudson & Marshall
  
  In April, Foreclosure News Report will spotlight the fast-growing foreclosure auction market and cover other hot foreclosure issues. One of the experts interviewed for the Foreclosure News Report story was Dave Webb, principal of Hudson & Marshall, a major auction firm in Dallas, Texas. Read Webb’s exclusive interview below: Is now a good time for investors to buy bank-owned foreclosures at auction? “Bank-owned foreclosure As foreclosures continue to mushroom, lenders are increasingly turning to the auction block to sell foreclosure properties.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE
• Foreclosure Activity Deflating or Just Deferred?
  
  foreclosure activity in June decreased 3 percent from the previous month but was still up 53 percent from June 2007, according to the RealtyTrac U.S. Foreclosure Market Report released today. In fact, the RealtyTrac report has shown month-to-month decreases in previous months, even during the dramatic run-up in foreclosure activity that has occurred over the past year and a half: in February 2008, November 2007, U.S. The 3 percent decrease may lead some to speculate that the upward trend in foreclosure activity may be nearing an end, but as RealtyTrac CEO James J.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE
• Fannie Mae Toughens Foreclosure Guidelines
  
  Effective June 1, 2008, Fannie will require a potential borrower’s credit history to be free from any foreclosure activity for five years before it will consider buying a mortgage taken out by that borrower. Elapsed time, in this situation, is measured by Fannie as the time between the application date for the new mortgage and the completion date of the foreclosure action as documented on the borrower’s credit report. It was bound to happen. With government officials at the local, state and federal levels clamoring to clamp down on the nation’s financial institutions and other loan
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE
• As Home Prices Plummet, When Will You Buy?
  
  quot;Little positive news can be found when cities like Las Vegas and Phoenix report annual declines as large as -29.9% 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 percent from July 2007, the smallest annual decline among the 20 cities tracked in the report, followed by Dallas, which reported a 2.5 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
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE