3 Articles match "Citi","Cleveland","Real Estate"

The Latest from RealtyTrac MORE
California Tops PMI's Risk Index
The San Francisco-San Mateo-Redwood City, CA, metro area came in 11th place with a score of 588. Of the top 50, all but four metro areas — Detroit and Warren, MI; Cleveland, OH; and Indianapolis, IN — saw employment growth. If the results of this latest risk index prove true to form, there most likely will be more foreclosures coming down the pipeline as distressed homeowners in those areas find themselves in a situation where they can’t sell their way out. Seven out of the 10 riskiest housing markets in the nation for home price deflation over the next two years are located in California, according to the Winter 2007 PMI U.S.
www.foreclosurepulse.com - Tuesday, December 16, 2008
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Lenders help their customers curb foreclosures
To prevent potential problems, National City Corp. — headquartered in Cleveland, Ohio — is working with churches, social workers and the United Way to help troubled borrowers avoid foreclosure. a Kansas City-based subprime mortgage lender, helps its customers find jobs. Launch-Point helps job-hunting mortgage As borrowers falling behind on their mortgage payments increase in number, they are getting help form an unlikely source — the mortgage industry. Banks are increasingly testing new strategies to help curb mortgage delinquencies .
www.foreclosurepulse.com - Tuesday, December 16, 2008
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Local Market Perspective: Seattle, Wash.
In the Northern Seattle area there currently very few REO properties, and in terms of real short sales, I have seen under 10 that are decent over the past month. Here are some things to keep in mind when investing in the Seattle market: Land is an extremely limited resource in this city. Seattle did not experience the “urban sprawl” boom seen in so many other cities plagued with foreclosure woes. Over the past three months, my clients and I have presented nine contracts to pre-foreclosure, REO and short sale sellers. Out of those nine contracts, nine have been beat
www.foreclosurepulse.com - Tuesday, December 16, 2008
READ MORE
  • The Best from RealtyTrac MORE
  • Lenders help their customers curb foreclosures
    To prevent potential problems, National City Corp. — headquartered in Cleveland, Ohio — is working with churches, social workers and the United Way to help troubled borrowers avoid foreclosure. a Kansas City-based subprime mortgage lender, helps its customers find jobs. Launch-Point helps job-hunting mortgage As borrowers falling behind on their mortgage payments increase in number, they are getting help form an unlikely source — the mortgage industry. Banks are increasingly testing new strategies to help curb mortgage delinquencies .
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Local Market Perspective: Seattle, Wash.
    In the Northern Seattle area there currently very few REO properties, and in terms of real short sales, I have seen under 10 that are decent over the past month. Here are some things to keep in mind when investing in the Seattle market: Land is an extremely limited resource in this city. Seattle did not experience the “urban sprawl” boom seen in so many other cities plagued with foreclosure woes. Over the past three months, my clients and I have presented nine contracts to pre-foreclosure, REO and short sale sellers. Out of those nine contracts, nine have been beat
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • California Tops PMI's Risk Index
    The San Francisco-San Mateo-Redwood City, CA, metro area came in 11th place with a score of 588. Of the top 50, all but four metro areas — Detroit and Warren, MI; Cleveland, OH; and Indianapolis, IN — saw employment growth. If the results of this latest risk index prove true to form, there most likely will be more foreclosures coming down the pipeline as distressed homeowners in those areas find themselves in a situation where they can’t sell their way out. Seven out of the 10 riskiest housing markets in the nation for home price deflation over the next two years are located in California, according to the Winter 2007 PMI U.S.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE