|
|
6 Articles match "Distressed","Properties","September"
|
The Latest from RealtyTrac
|
MORE
|
|
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. Speaking at the start of September, Hermance said his bank had some 80,000 mortgages outstanding. As one example, Hermance says that of 50,000 New Jersey 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
How Can Financially-Troubled Homeowners Prevent Foreclosure?
For the 112,210 Americans who entered the foreclosure pipeline in September, the answer is simple: Talk to your lender at the first sign of trouble. For lenders, foreclosures are costly — often entailing heavy payouts for legal fees, realty brokerage commissions, repairs, property taxes, maintenance and carrying costs. Nationwide, a growing number of community groups are helping distressed homeowners avoid foreclosure. When you miss several mortgage payments and your lender sends you a notice of default, where do you turn for relief? Call immediately and ask to speak
www.foreclosurepulse.com
- Tuesday, December 16, 2008
Foreclosures Won't Break the Market Next Year
According to Cagan, 90 percent of all red loans that have equity difficulty will go into default, while 70 percent of all orange loans are estimated to go into default because they are already under financial distress. According to the RealtyTrac September 2006 U.S. This combined with Cagan’s statistics points to more future opportunity awaiting investors, real estate professionals The ups and downs of every economic cycle have always been directly impacted by the health of the real estate sector. The severity of that impact, however, is open to discussion — depending, of course, on how
www.foreclosurepulse.com
- Tuesday, December 16, 2008
|
-
|
The Best from RealtyTrac
|
MORE
|
-
How Can Financially-Troubled Homeowners Prevent Foreclosure?
For the 112,210 Americans who entered the foreclosure pipeline in September, the answer is simple: Talk to your lender at the first sign of trouble. For lenders, foreclosures are costly — often entailing heavy payouts for legal fees, realty brokerage commissions, repairs, property taxes, maintenance and carrying costs. Nationwide, a growing number of community groups are helping distressed homeowners avoid foreclosure. When you miss several mortgage payments and your lender sends you a notice of default, where do you turn for relief? Call immediately and ask to speak
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
Foreclosures Won't Break the Market Next Year
According to Cagan, 90 percent of all red loans that have equity difficulty will go into default, while 70 percent of all orange loans are estimated to go into default because they are already under financial distress. According to the RealtyTrac September 2006 U.S. This combined with Cagan’s statistics points to more future opportunity awaiting investors, real estate professionals The ups and downs of every economic cycle have always been directly impacted by the health of the real estate sector. The severity of that impact, however, is open to discussion — depending, of course, on how
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
A 'Dialogue' on the Housing Market
Appearing on a recent episode of “Dialogue with Jim Doti”, RealtyTrac CEO James Saccacio cited a number of factors for the more than 60 percent year-to-year increase in foreclosure activity in September 2006. And with increased inventory levels and longer marketing times around the country, the prospect of distressed homeowners being able to bail themselves out is statistically against them. “If Chief among those — local economic conditions, poor planning for the future by home buyers, and rising interest rates. Now the stage is set.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
California Foreclosures 2007: Steady As She Goes
Through November, RealtyTrac tallied nearly 130,000 properties that entered some stage of foreclosure in California alone during 2006; accounting for roughly 11 percent of the nation’s foreclosures for the same period. The state hit its peak towards the end of the year, taking the nation’s top spot for September, October and November. At the end of the A dubious honor at best, the Golden State maintained a level of foreclosure activity during the past year that kept it in the nation’s upper echelon in terms of state foreclosure totals. Economic data released recently by forecasters
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
OTS Director Offers Alternative Plan to Congress
Reich pointed to the FHASecure program as an example, where 116,000 loans have closed since the program was launched in September 2007, but only 1,500 of them were made to refinance delinquent conventional loans. Loan-to-value ratio cannot exceed 90 percent of the current fair market value of the property, and FHA is requiring a 5 percent fee payable to it at the time of origination, PLUS an exit premium payable at the time the property is either sold or refinanced. In a statement delivered before the Committee on Financial Services of the U.S. House of Representatives earlier
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
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. Speaking at the start of September, Hermance said his bank had some 80,000 mortgages outstanding. As one example, Hermance says that of 50,000 New Jersey 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
|
|
|
