|
|
15 Articles match "Company","Foreclose","Sales"
|
The Latest from RealtyTrac
|
MORE
|
|
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. In making the sales, the brokers allegedly misrepresented
www.realtytrac.com
- Tuesday, February 3, 2009
Secrets of Pre-Foreclosure Investing
Secrets of Pre-Foreclosure Investing By Octavio Nuiry, RealtyTrac Staff Writer One pre-foreclosure expert says a new federal law will change everything, and short sales and short payoff sales will become the new trend in the marketplace. It’s going to make short sales more appealing to investors.” Another claims that developing a series of “systems” in your business is the key to success. A third warns that accurate data and timely information is essential to survive.
www.realtytrac.com
- Tuesday, February 3, 2009
New York Versus Freddie Mac: Round One
You can guess what happens next: No subprime loans, no high cost loans, no buyers, no sales. At the heart of the dispute is newly-enacted legislation which says lenders can’t foreclose subprime or high cost borrowers in the state unless a lengthy list of standards has first been met. They, in turn, sell securities to pension funds, insurance companies, investors and sovereign funds around the globe. New York Versus Freddie Mac: Round One By Peter G. Miller It’s fight time in New York.
www.realtytrac.com
- Tuesday, February 3, 2009
|
-
|
The Best from RealtyTrac
|
MORE
|
-
Buying Bank-Owned REOs at the Auction - RealtyTrac
Buying Bank-Owned REOs at the Auction Search Properties | Free 7-Day Trial Thanks to a sharp rise in foreclosure filings nationwide, homebuyers and real estate investors are increasingly likely to encounter bank-owned properties that are for sale at real estate auctions. Lenders use auction companies because they move inventory quickly. The increased presence of lender-owned homes in the market — known in the banking industry as REOs, for "real estate owned" — is fallout from the recent real estate boom that marked the first half of this decade. At the Auction!
www.realtytrac.com
- Tuesday, February 3, 2009
-
Foreclosure Financing and Foreclosure Refinancing - RealtyTrac
More than 1 million total properties including REO, For Sale by Owner, and Home Auctions! Finding financing for the foreclosure deal... Reinstatement will stop the foreclosing lender from foreclosing on the distressed borrower. Foreclosure Financing: How to Buy Foreclosure Real Estate Search Properties | Free 7-Day Trial Search nearly 650,000 Foreclosure and Bank-Owned properties. is one of the most difficult aspects
www.realtytrac.com
- Tuesday, February 3, 2009
-
Glossary of Foreclosure and Real Estate Terminology - Realtytrac
When recorded, it is the initial step in a Trustee’s Sale Proceeding. Notice of Trustee’s Sale A document which is mailed, advertised, posted and recorded. Among other information, it provides the date, time and location of the Trustee’s Sale and also contains a description of the property to be sold. Postponement A verbal announcement made at the time and place of the scheduled Trustee’s Sale. Check out our NEW Features! Login Why Join? FREE Trial Feedback Help
www.realtytrac.com
- Tuesday, February 3, 2009
-
Checklist for Buying a Bank-Owned REO Property - RealtyTrac
And finally, a foreclosure property can be purchased from the bank or lending institution if no one bids at the public sale and the bank repossesses the property. Once a property is repossessed by a bank or lender, the property will probably be listed for sale through a real estate agent. You can perform a preliminary check of title on RealtyTrac and then hire a title company to run a full, insured title search CHECKLIST: For Buying a Bank-Owned REO Property Search Properties | Free 7-Day Trial Are you a real estate investor or homebuyer looking to purchase a bank-owned property?
www.realtytrac.com
- Tuesday, February 3, 2009
-
8 Ways to Dodge Delinquency and Stopping Foreclosure - RealtyTrac
Lenders say that the sooner they hear from a delinquent borrower in trouble, the easier it is to negotiate a solution. Option #2: Reinstatement Prior to a foreclosure sale, borrowers have the right to reinstate a delinquent loan. Some mortgage companies are able to arrange a repayment plan based on your current financial situation. Most states Check out our NEW Features! Login Why Join? FREE Trial Feedback Help
www.realtytrac.com
- Tuesday, February 3, 2009
-
What's Causing the Credit Crunch?
Wall Street analysts, main street investors, corporate executives and government bureaucrats all disagree on which mortgage company will be the next to trip and fall into bankruptcy. Many mortgage companies raise cash to keep making new loans by re-selling mortgage debt on the secondary market. Creating real estate tax incentives to stimulate foreclosure investors into purchasing and repairing A lively debate is ensuing as to why the mortgage industry is unraveling and who’s to blame for the growing credit crunch that is sabotaging the housing industry. But they all agree on one
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
New York Versus Freddie Mac: Round One
You can guess what happens next: No subprime loans, no high cost loans, no buyers, no sales. At the heart of the dispute is newly-enacted legislation which says lenders can’t foreclose subprime or high cost borrowers in the state unless a lengthy list of standards has first been met. They, in turn, sell securities to pension funds, insurance companies, investors and sovereign funds around the globe. New York Versus Freddie Mac: Round One By Peter G. Miller It’s fight time in New York.
www.realtytrac.com
- Tuesday, February 3, 2009
-
Separating the wheat from the chaff: legitimate foreclosure investors vs. scammers
an Irvine-based company thatmonitors foreclosures. There are some (not all) reputable investors who will pay the deficit balance, ask you to keep the existing loan in your name and assist in selling the home, often taking a portion of the profits as payment for using their money while the property is for sale. That transaction should include…A) Cash wiring instructions to the foreclosing bank (often by Western Union) B) A three-day right of recession, and a share purchase agreement, C) verifiable information of the person An article in the Los Angeles Times onTuesday documented the sad story of a defaulted homeowner who was thevictim of alleged foreclosure fraud.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
Wachovia Changes The Lending Game
More significantly — and unlike Wachovia’s competitors — it’s making it easier for borrowers to dump option-ARMs by waiving the prepayment penalties routinely associated with such loans. “Effectively immediately,” says the company, “Wachovia is waiving all prepayment fees associated with its Pick-A-Pay mortgage to allow customers complete flexibility in their home financing decisions. Such opposition effectively ended when WMC Mortgage Company — a part of General Electric — said it would end prepayment penalties 60 days prior to the first interest rate reset date on new loans.
www.realtytrac.com
- Tuesday, February 3, 2009
-
Getting Help to Stop Foreclosure, Avoid Home Foreclosure Process - RealtyTrac
The companys "Launch-Point" program helped more than 1,036 NovaStar borrowers find work without charging them for the service. raquo; How to Avoid Foreclosures FAQs » Avoiding a Home Foreclosure » The Truth About Bankruptcy and Foreclosure » Avoid Becoming a Foreclosure Statistic » How a Short Sale Can Stop Foreclosure » Do You Know Your States Foreclosure Law » Getting Help to Stop Foreclosure » Avoiding, Stopping Foreclosures Helpful Resources » Deed in Lieu: A Way Out of Foreclosure » 8 Ways to Dodge Delinquency
www.realtytrac.com
- Tuesday, February 3, 2009
|
|
|
