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15 Articles match "Example","Help","Sales"
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The Latest from RealtyTrac
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The Government Goes After Loan Officers
Most investors who bought these securities,” says the SEC, “lacked the cash or income to do so, but were urged by their brokers to raise the money to pay for the purchases and the monthly payments required for these products by refinancing their fixed-rate mortgages into subprime adjustable-rate negative amortization mortgages.” According to the SECs complaint “each defendant was a mortgage broker as well as a registered representative and collected compensation from the mortgage refinancings as well as the sales of securities. In making the sales, the brokers allegedly misrepresented
www.realtytrac.com
- Tuesday, February 3, 2009
Long-Term Solution for Fannie and Freddie Dilemma
If Fannie Mae and Freddie Mac collapse the result would be the wholesale destruction of the national mortgage system; a virtual halt to home sales because few local mortgages would be available; soaring interest rates because few loans would be available and a level of losses throughout the economy unseen since the Great Depression. At Fannie Mae, as one example, the company incentive plan paid 749 employees an average bonus of $86,952.56 Long-Term Solution for Fannie and Freddie Dilemma By Peter G. Miller Its been a rough year
www.realtytrac.com
- Tuesday, February 3, 2009
Secrets of Pre-Foreclosure Investing
Secrets of Pre-Foreclosure Investing By Octavio Nuiry, RealtyTrac Staff Writer One pre-foreclosure expert says a new federal law will change everything, and short sales and short payoff sales will become the new trend in the marketplace. It’s going to make short sales more appealing to investors.” Another claims that developing a series of “systems” in your business is the key to success. A third warns that accurate data and timely information is essential to survive.
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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New Tax Law Spurs More Short Sales, Expert Says
For real estate investors looking for pre-foreclosure bargains, a new federal law could unleash a torrent of short sales as struggling borrowers facing foreclosure unload their over-mortgaged homes to avoid huge tax bills on capital gains. HR 3648 , or the Mortgage Forgiveness Debt Relief Act, signed by President George W. 20, helps people whose homes are in foreclosure by canceling taxes on any mortgage debt that has been forgiven by their lender. Bush on Dec. The government previously viewed the difference between the debt and the value of the home as taxable “income.”
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Glossary of Foreclosure and Real Estate Terminology - Realtytrac
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www.realtytrac.com
- Tuesday, February 3, 2009
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Latest Reports Sending Out Mixed Signals
Two reports came out Tuesday that are prime examples of conflicting opinions and the confusion they can cause the average consumer or investor when it comes to assessing the state of the economy. The other report, released by the National Association of Realtors , reported that pending sales of existing homes were down 1.9 Yet, in the NAR announcement, chief economist Lawrence One report, the IBD/TIPP economic optimism index (published by Investor’s Business Daily and TechnoMetrica Market Intelligence), dropped to 39.2 in April, the largest drop in consumer confidence measured
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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8 Ways to Dodge Delinquency and Stopping Foreclosure - RealtyTrac
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www.realtytrac.com
- Tuesday, February 3, 2009
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Foreclosure Lessons From Long Beach - Part III
who needed help following up onproperties she found on RealtyTrac. this example I just said that I wanted to know about the status of aproperty in foreclosure and the trustees rep asked for the propertyaddress and then the owners name, both of which were listed on theproperty details page on RealtyTrac. Sometimes the trustee may ask forthe trustee sale number or reference number, also listed on theproperty details page under Contact Information . Heres the third and final lesson gleaned from a conversation with acustomer in Long Beach, Calif., See Lesson 1 and Lesson
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. Even though prices are up, home sales volume is down dramatically -- just ask the National Association of Realtors -- homeowners are not refinancing anywhere near the levels seen even just a year ago, and the number of new homes under construction is declining as is building permits. 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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Foreclosure Financing and Foreclosure Refinancing - RealtyTrac
More than 1 million total properties including REO, For Sale by Owner, and Home Auctions! Finding financing for the foreclosure deal... Depending on the price range of the foreclosure properties an investor plans to buy, he or she will need startup capital to pay the loan reinstatement costs, rehab costs, closing costs, carrying costs, sales marketing costs and other expenses associated with buying and carrying foreclosure real estate. Foreclosure
www.realtytrac.com
- Tuesday, February 3, 2009
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Ohio Lawmaker Seeks Solution to Foreclosure Level
One example — Rep. Mortgage delinquencies continue to rise, the number of single-family permits are declining, the rate of home price appreciation is below the national average, and the state’s median home price declined in Q1, although home sales were up 6 percent for the quarter One news report on the outcome of the meeting has witnesses placing blame squarely on easy lending practices, which is the same story heard in many states around the country right now. In the meantime, the crop is plentiful in Ohio for RealtyTrac subscribers looking to purchase It looks like foreclosures are starting to become a national call to action for some Washington bureaucrats.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Secrets of Pre-Foreclosure Investing
Secrets of Pre-Foreclosure Investing By Octavio Nuiry, RealtyTrac Staff Writer One pre-foreclosure expert says a new federal law will change everything, and short sales and short payoff sales will become the new trend in the marketplace. It’s going to make short sales more appealing to investors.” Another claims that developing a series of “systems” in your business is the key to success. A third warns that accurate data and timely information is essential to survive.
www.realtytrac.com
- Tuesday, February 3, 2009
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