6 Articles match "Bank","Colorado","Texas"

• The Best from RealtyTrac

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• U.S. Foreclosure Activity Surges in First Quarter
  
  The report documents a total of 437,498 foreclosure filings, which include default notices, auction notices and bank repossessions, during the quarter and a quarterly foreclosure rate of one foreclosure filing for every 264 households — the highest quarterly foreclosure rate since RealtyTrac began issuing its report more than two years ago. Colorado and Georgia rounded out the top three state foreclosure rates, followed by Michigan, California, Florida, Arizona, Ohio, Texas and New Jersey. U.S. foreclosure activity in the first quarter of 2007 was up 35 percent from the first
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Exclusive Interview with Dave Webb of Hudson & Marshall
  
  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 auctions are a great way for buyers to find exceptional values on homes because lenders are anxious to unload these properties. As foreclosures continue to mushroom, lenders are increasingly turning to the auction block to sell foreclosure properties. In April, Foreclosure
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Foreclosures in Money's 'Best Places to Live'
  
  Fort Collins, Colorado. According to the latest data on the RealtyTrac website, Fort Collins has only 20 properties in the pre-foreclosure stage, but 226 properties are ready to go to auction and another 156 are bank owned (REO). 2) Sugar Land, Texas; 4) Columbia and Endicott City, Md.; Money magazine came out last week with another of its Top 10 lists; this one called "America’s Best Places to Live 2006 ." And the winner is . . .
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Two Counts Show Foreclosure Activity Rising
  
  The addition of this (property count) metric to our foreclosure report was spurred by a data request for unique property addresses from the Federal Reserve Bank, which is using our data for market and risk analysis, and we believe it will serve as a valuable complement to the total foreclosure filing count that we have been including all along,” said Rick Sharga, RealtyTrac’s vice president of marketing. “It’s Both counts showed the same six states — Nevada, Colorado, California, Michigan, Florida and Ohio — with the highest per household foreclosure activity. More than 925,000 foreclosure filings were reported on more than 573,000 properties in the first half of 2007, according to the RealtyTrac Midyear 2007 U.S.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• FBI: Mortgage Fraud Begets Foreclosure
  
  The correlation is apparent in the report’s list of the top states for mortgage fraud: California, Florida, Georgia, Illinois, Indiana, Michigan, New York, Ohio, Texas, and Utah. The FBI also lists Arizona, Colorado, Maryland, Minnesota, Missouri, Nevada, North Carolina, Tennessee, and Virginia as other areas significantly affected by mortgage fraud. The report identifies the most common scam as “illegal property flipping.” The FBI recently came out with its 2006 Mortgage Fraud Report , which somewhat anticlimactically concludes that there is “a strong correlation between mortgage fraud and loans which result in default or foreclosure.”
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Foreclosures up 13 percent in February
  
  In addition, bank-owned properties accounted for 39 percent of the total number, which is a higher percentage than usual and indicates that fewer homeowners in default have been able to stop the foreclosure process by selling or refinancing during pre-foreclosure." Georgia reported the nations highest foreclosure rate for the second month, with one new foreclosure for every 329 households. Indiana and Colorado werent too far behind, with one new foreclosure for every 427 households in Indiana, and one new foreclosure for every 443 households in Colorado. RealtyTrac released our February 2006 foreclosure numbers today, and they show U.S.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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