3 Articles match "Equity","North Carolina","Trends"

The Latest from RealtyTrac MORE
FBI: Mortgage Fraud Begets Foreclosure
The FBI also lists Arizona, Colorado, Maryland, Minnesota, Missouri, Nevada, North Carolina, Tennessee, and Virginia as other areas significantly affected by mortgage fraud. The report identifies the most common scam as “illegal property flipping.” In extreme instances, perpetrators may sell the home or secure a second loan without the homeowners’ knowledge, stripping the property’s equity for personal enrichment.” More states are enacting legislation to protect homeowners against such fraud, and justifiably so. The FBI recently came out with its 2006 Mortgage Fraud Report , which somewhat anticlimactically concludes that there is “a strong correlation between mortgage fraud and loans which result in default or foreclosure.”
www.foreclosurepulse.com - Tuesday, December 16, 2008
READ MORE
As Foreclosures Mount, Candidates React to the Credit Crisis
We need to update these rules for the 21st century and enact the regulatory and disclosure laws that the mortgage industry has been lobbying against.” Former North Carolina Sen. Joseph Biden urged for more transparency in the operation of Wall Street hedge funds and private equity firms. “They With homes prices tumbling, foreclosures rising and a glut of unsold homes flooding the With mortgage foreclosures at historic highs, Democrats and Republicans are fighting over a political issue that could have major implications in the 2008 presidential campaign. Sensing an opportunity
www.foreclosurepulse.com - Tuesday, December 16, 2008
READ MORE
New Poll: Buyers to Remain on the Fence
And most importantly, the steady stream of foreclosures will continue for the foreseeable future, presenting plenty of opportunity for investors to get involved, helping to alleviate the fears of distressed homeowners facing uncertain financial consequences and almost certain foreclosure. Posted 04-15-2008 12:30 PM by joelc Filed under: Foreclosure Trends Comments
www.foreclosurepulse.com - Tuesday, December 16, 2008
READ MORE
  • The Best from RealtyTrac MORE
  • FBI: Mortgage Fraud Begets Foreclosure
    The FBI also lists Arizona, Colorado, Maryland, Minnesota, Missouri, Nevada, North Carolina, Tennessee, and Virginia as other areas significantly affected by mortgage fraud. The report identifies the most common scam as “illegal property flipping.” In extreme instances, perpetrators may sell the home or secure a second loan without the homeowners’ knowledge, stripping the property’s equity for personal enrichment.” More states are enacting legislation to protect homeowners against such fraud, and justifiably so. The FBI recently came out with its 2006 Mortgage Fraud Report , which somewhat anticlimactically concludes that there is “a strong correlation between mortgage fraud and loans which result in default or foreclosure.”
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • New Poll: Buyers to Remain on the Fence
    And most importantly, the steady stream of foreclosures will continue for the foreseeable future, presenting plenty of opportunity for investors to get involved, helping to alleviate the fears of distressed homeowners facing uncertain financial consequences and almost certain foreclosure. Posted 04-15-2008 12:30 PM by joelc Filed under: Foreclosure Trends Comments
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • As Foreclosures Mount, Candidates React to the Credit Crisis
    We need to update these rules for the 21st century and enact the regulatory and disclosure laws that the mortgage industry has been lobbying against.” Former North Carolina Sen. Joseph Biden urged for more transparency in the operation of Wall Street hedge funds and private equity firms. “They With homes prices tumbling, foreclosures rising and a glut of unsold homes flooding the With mortgage foreclosures at historic highs, Democrats and Republicans are fighting over a political issue that could have major implications in the 2008 presidential campaign. Sensing an opportunity
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE