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19 Articles match "Company","Homes","Number of"
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The Latest from RealtyTrac
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Don't Dump Investors
Miller When it comes to bailing out giant banks, huge companies and massive stock brokerages theres no shortage of government interest and activity. After all, its in our national interest to protect investors — unless, of course, theyre folks who merely bought a house or two. Blinder, a professor of economics and public affairs at Princeton Don’t Dump Investors By Peter G. The investor double-standard is hardly hidden.
www.realtytrac.com
- Tuesday, February 3, 2009
The Government Goes After Loan Officers
Miller One of the most galling aspects of the mortgage meltdown is the sense that folks who made bad loans also made big profits, profits which they get to keep while everyday wage earners and investors are bruised and battered by economic upheavals. A lot of people are wondering: Do those who made toxic loans have any responsibility? The Government Goes After Loan Officers By Peter G. If so, how can they be made to pay?
www.realtytrac.com
- Tuesday, February 3, 2009
No Mortgage Meltdown For These Banks
Miller The news from Wall Street in recent weeks has not been good, especially in the world of mortgages. number of lenders have maintained traditional underwriting standards and mortgage offerings. Saccacio, chief executive officer at the country’s largest provider of foreclosure data and listings, RealtyTrac.com . “Instead, No Mortgage Meltdown For These Banks By Peter G. Famous lenders with once-fabulous finances are turning up in the headlines among the broke and busted.
www.realtytrac.com
- Tuesday, February 3, 2009
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The Best from RealtyTrac
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How to Buy HUD Home Foreclosures - RealtyTrac
How Can I Buy HUD Home Foreclosures? Search Properties | Free 7-Day Trial Search nearly 650,000 Foreclosure and Government properties. More than 1 million total properties including For Sale by Owner, HUD Home Foreclosures, Resale, and Home Auctions! Almost anyone can qualify... Almost anyone can qualify to buy a home owned by the U.S. Department of Housing and Urban Development (a HUD home) so long as they
www.realtytrac.com
- Tuesday, February 3, 2009
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Getting Help to Stop Foreclosure, Avoid Home Foreclosure Process - RealtyTrac
Check out our NEW Features! Login Why Join? FREE Trial Feedback Help
www.realtytrac.com
- Tuesday, February 3, 2009
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Buying Bank-Owned REOs at the Auction - RealtyTrac
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! Lenders use auction companies because they move inventory quickly. 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.
www.realtytrac.com
- Tuesday, February 3, 2009
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Coastal Disasters = More Foreclosures?
For anyone who has lived through a natural disaster, the recent tornadoes in Central Florida and the horrific aftermath left behind — approximately 1,500 structures destroyed and 20 people killed — brings back memories of more than just the great need for disaster relief from the federal government (FEMA). It also brings back bad memories of dealing with insurance companies and very slow claims service. It doesn’t matter if you’re living in Florida or California — coastal property is expensive and so are the insurance premiums that go with them. Back in 1994 something called
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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40 Is the New 30 for Lenders and Investors
Wells Fargo, for example, just announced that it is joining the growing number of lenders, like Washington Mutual and Bank of America, that are offering 40-year fixed-rate loans. Tauting the lower monthly payments the new product offers will appeal to first-time buyers, consumers in high-cost markets, real estate investors and buyers on a fixed income, the companys press release also warns that equity will build up more slowly as a result of the lower payments and a lot more total interest will be paid over the extra 10 years. Well, as Fed Chairman Ben Bernanke decides on his next move -- will he or wont he ratchet up interest rates another 25 basis points next month as most economists are predicting -- mortgage lenders are also pondering their next moves.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Ohio Lawmaker Seeks Solution to Foreclosure Level
LaTourette (R-Ohio) — who chaired a meeting of the U.S. The topic on the table: the high foreclosure rate in Cuyahoga County — one of the highest in the nation — and what can be done to ease the bleeding. The key focus of the discussion: creating partnerships between community organizations and local and state governments as a viable solution to the problem. It looks like foreclosures are starting to become a national call to action for some Washington bureaucrats. One example — Rep.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Checklist for Buying a Bank-Owned REO Property - RealtyTrac
With the number of bank-owned foreclosures rising nationwide, there has never been a better time to purchase real estate owned by banks. REO Buying Checklist: Inspect the Property, Do a Title Search, Negotiate Payments and Rates, Evaluate the Offer, and Financing and Credit. Investors and homebuyers can purchase a foreclosure property in the first phase of default — before a foreclosure auction takes place. 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
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Legislating Lower Foreclosure Rates?
An Illinois law intended to help reduce foreclosures is drawing cries of discrimination from some of the people it is trying to protect, according to the Chicago Defender newspaper. “Nearly 60 days after Illinois House Bill 4050 went into effect to supposedly protect consumers from predatory lenders, a coalition of Black and Latino city residents say the new law is actually destroying property values in select minority communities.” The law is a pilot program that is being applied in 10 Chicago zip codes chosen for their high foreclosure rates, among other factors.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Fannie: Q1 a Swift Kick in the Rear
It may have been created and chartered by the federal government, but Fannie Mae (the Federal National Mortgage Association) is first and foremost a private company responsible to shareholders for running at a profit. And as with many corporations in this country, the national economy is kicking Fannie around…fast and hard! One of the nation’s two Government Sponsored Enterprises (GSEs), Fannie reported a first quarter net loss of $2.2 billion — attributable at least in part to an increased number of foreclosures. Although an improvement
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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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. Skyrocketing foreclosure filings on subprime loans, those made to borrowers with poor credit, have caused huge losses for Wall Street hedge funds and other buyers of securities backed by those mortgages. Moreover, 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
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