8 Articles match "Company","Ideas","Properties"

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• Local Market Perspective: Cape Coral, Fla.
  
  Many of the best deals in our area are bank-owned properties. The homes sit for a very long time and the property continues to fall into disrepair. In our city, the bank has taken the property back but they may not have paid all the liens from our code enforcement and generally speaking that does not come up until the final title search is done, so a delay is normal. Editor's Note: This is the first in a series of guest blog posts from members of the RealtyTrac Agent Network . The agents will be sharing their insights about what is happening on the ground in their local housing
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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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 either have
  www.realtytrac.com - Tuesday, February 3, 2009
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• No Mortgage Meltdown For These Banks
  
  not far from Manhattan, Hudson City Bancorp has a lending philosophy that dates back decades: You can get a dull, boring, mortgage from Hudson at a very low rate — but only if you put equity into the property. As company Chairman, President, and CEO Ronald E. Hermance explains that company incentives are related to credit quality and not stock prices. No Mortgage Meltdown For These Banks By Peter G. Miller     The news from Wall Street in recent weeks has not been good, especially in the world of mortgages.
  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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• Another Approach to $700 Billion Bailout
  
  If the refinancing program was limited to half of the homeowners who will probably lose their homes to foreclosure, Uncle Sam would need to provide loans worth $220 billion. "(Another) alternative idea works like this: Instead of replacing loans, give lenders an amount equal to 15 percent of the mortgage principal in exchange for concessions. If a property was sold and the entire amount was not repaid, the borrower would be required to pay $500 a year until the debt was fully paid off. Peter Miller, author of the Common-Sense Mortgage, has offered up some alternatives to the proposed $700 billion bailout plan.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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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. The idea that we can pick and choose among borrowers with toxic loans produces several false notions. Misconception No. Because investor properties lost to foreclosure will continue to flood the market, driving Don’t Dump Investors By Peter G. After all, its in our national interest to protect investors — unless, of course, theyre folks who merely bought a house or two.
  www.realtytrac.com - Tuesday, February 3, 2009
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• The Government Goes After Loan Officers
  
  The SEC complaint reflects the McLean decision because it argues that mortgages are routinely bought from local originators, packaged on Wall Street and involve some use of the mail system. The Other Shoe You can bet that myriad banks and mortgage companies are asking attorneys to carefully review the SEC complaint. Just ask yourself: How many borrowers really knew what “recasting” means or that monthly payments could readily go up 50 percent or more with some loans? How many borrowers were told about prepayment penalties or understood their size and potential importance?
  www.realtytrac.com - Tuesday, February 3, 2009
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• Option ARM Borrowers Running Out Of Time
  
  Of all the mortgage ideas developed during the past few years, none tops the option ARM for sheer awfulness. With higher home values properties could be readily sold or refinanced with little risk. As to lender share prices and dividends, how attractive will such companies appear when huge numbers of loans are unpaid, especially if in many cases the size of the debt exceeds the value of the underlying properties? "Alternatively, if we restrict option loans now by Option ARM Borrowers Running Out Of Time By Peter G. Miller 
  www.realtytrac.com - Tuesday, February 3, 2009
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