43 Articles match "Company","Mortgage"

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• Feds to probe 'walkaways' by some mortgage lenders
  
  Feds to probe 'walkaways' by some mortgage lenders Plain Dealer Federal investigators will scrutinize the practice of lenders or mortgage companies walking away from homes they have foreclosed on. The U.S. Government Accountability Office plans...( read more
  Foreclosure Pulse - Tuesday, October 20, 2009
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• No Mortgage Meltdown For These Banks
  
  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. One result is that the mortgage meltdown is described in global terms, as if all lenders offered toxic loans during the past few years and the entire financial community is universally in trouble. Famous lenders with once-fabulous finances are turning up in the headlines among the broke and busted. The facts are different.
  www.realtytrac.com - Tuesday, February 3, 2009
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• Firms are Getting Billions, Yet Aren't Averting Foreclosures
  
  Firms are Getting Billions, Yet Aren't Averting Foreclosures October 5, 2009, Star-Telegram The federal government is engaged in a massive mortgage modification program that's on track to send billions in tax dollars to many of the very companies...( read more ) ...Tags: Tags: Foreclosure Trends foreclosure
  Foreclosure Pulse - Wednesday, October 7, 2009
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• Nevada Suit Could Halt Thousands of Foreclosures
  
  Nevada Suit Could Halt Thousands of Foreclosures October 4, 2009, United Press International A Reno law firm is preparing a class action lawsuit on behalf of Nevada homeowners who face foreclosure by a surrogate company that represents thousands of mortgage...( read more ) ...Tags: Tags: foreclosure deals foreclosure news foreclosure listing
  Foreclosure Pulse - Monday, October 5, 2009
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• And the Hits' Just Keep On Coming!
  
  All well known names in the world of finance, and all are now feeling the pinch due to an unstable real estate mortgage market and the lasting impacts the subprime mortgage crisis is having on their bottom lines. For Countrywide , the second quarter of the year was a real let down with the company drawing from an $11.5 Citigroup came out with a press Countrywide. Citigroup.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Long-Term Solution for Fannie and Freddie Dilemma
  
  Share values have dropped more 90 percent, investors have lost more than $100 billion, and both companies were rescued by the federal government earlier this month, placed in a government conservatorship run by the newly created Federal Housing Finance Agency. home mortgages. If Fannie Mae and Freddie Mac collapse the result Long-Term Solution for Fannie and Freddie Dilemma By Peter G. Miller    Its been a rough year for Fannie Mae and Freddie Mac.
  www.realtytrac.com - Tuesday, February 3, 2009
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• Buying Bank-Owned REOs at the Auction - RealtyTrac
  
  Lenders use auction companies because they move inventory quickly. That scenario has become more common as the number of owners with little or no equity — or even negative equity — has grown, particularly in cases of pricier homes with recent mortgages. Buying a bank-owned foreclosure at an auction, however, is not without hurdles. Bidders must be registered prior to the auction with the company conducting the auction. 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?
  
  It also brings back bad memories of dealing with insurance companies and very slow claims service. Many insurance companies that WERE writing homeowner’s insurance policies pulled out of California altogether after that one. Then a few years ago the wildfires in San Diego had the same effect — skittish insurance companies turning and running after paying off on what were expensive policy claims. 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).
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Foreclosure Financing and Foreclosure Refinancing - RealtyTrac
  
  To reinstate a delinquent mortgage or deed of trust loan, an investor or homebuyer may need to come up with $10,000 or $15,000 to put the loan back in the foreclosure lender’s good grace. The money to finance a foreclosure deal can come from many places, including personal investment funds, home equity lines of credit (HELOC), credit cards, financial companies, conventional mortgage loans, hard money lenders, private investors or an investment fund created by family and friends. Foreclosure Financing: How to Buy Foreclosure Real Estate Search Properties | Free 7-Day Trial Search nearly 650,000 Foreclosure and Bank-Owned properties.
  www.realtytrac.com - Tuesday, February 3, 2009
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• What's Causing the Credit Crunch?
  
  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. 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. But they all agree on one thing — the mortgage meltdown is far 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.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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