3 Articles match "Colorado","Document","Homes"

The Latest from RealtyTrac MORE
Priced to Foreclose
A new report shows a strong correlation between slow home priceappreciation and high foreclosure rates, although its clear thecorrelation does not involve a direct cause-and-effect relationship. The Office of Federal Housing Enterprise Oversight (thank goodness for acronyms) on Thursday released home price appreciation statistics for the first quarter of 2006, which show that U.S. homes are appreciating at the slowest quarterly rate since the firstquarter of 2004. The OFHEO report ranks the 50 states and the District of Columbia basedon year-over-year home price appreciation.
www.foreclosurepulse.com - Tuesday, December 16, 2008
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Foreclosures Thrive in Third Quarter
With home price appreciation slowing and the inventory of unsold homes expanding, the third quarter proved to be fertile ground for sprouting foreclosures, according to RealtyTrac’s quarterly foreclosure market report . Colorado documented the highest foreclosure rate during the quarter — one new foreclosure filing for every 127 households — and Florida reported the most new foreclosure filings — 40,136. View more details . Posted 10-31-2006 7:47 AM by darenb Filed under: Foreclosure Trend
www.foreclosurepulse.com - Tuesday, December 16, 2008
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FBI: Mortgage Fraud Begets Foreclosure
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.” An illegal property flipping scheme involves fraudulent appraisals and loan documents for a straw buyer who never intends to pay off the loan. 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
READ MORE
  • The Best from RealtyTrac MORE
  • Foreclosures Thrive in Third Quarter
    With home price appreciation slowing and the inventory of unsold homes expanding, the third quarter proved to be fertile ground for sprouting foreclosures, according to RealtyTrac’s quarterly foreclosure market report . Colorado documented the highest foreclosure rate during the quarter — one new foreclosure filing for every 127 households — and Florida reported the most new foreclosure filings — 40,136. View more details . Posted 10-31-2006 7:47 AM by darenb Filed under: Foreclosure Trend
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Priced to Foreclose
    A new report shows a strong correlation between slow home priceappreciation and high foreclosure rates, although its clear thecorrelation does not involve a direct cause-and-effect relationship. The Office of Federal Housing Enterprise Oversight (thank goodness for acronyms) on Thursday released home price appreciation statistics for the first quarter of 2006, which show that U.S. homes are appreciating at the slowest quarterly rate since the firstquarter of 2004. The OFHEO report ranks the 50 states and the District of Columbia basedon year-over-year home price appreciation.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • FBI: Mortgage Fraud Begets Foreclosure
    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.” An illegal property flipping scheme involves fraudulent appraisals and loan documents for a straw buyer who never intends to pay off the loan. 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
    READ MORE