25 Articles match "Foreclose","Help","Sales"

The Latest from RealtyTrac MORE
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
READ MORE
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
READ MORE
Can "Appreciation Sharing" Solve The Mortgage Mess?
The just-passed Housing and Economic Recovery Act includes provisions that will help some 400,000 families replace toxic loans with FHA financing. In year two the percentage drops to 90 percent and if there’s a sale in year three the government gets 80 percent. If we tighten mortgage standards so that only those with great credit can buy homes we won’t have enough purchasers to clear the inventory of foreclosed properties now Can “Appreciation Sharing” Solve The Mortgage Mess? By Peter G. Miller     We’re about to see something
www.realtytrac.com - Tuesday, February 3, 2009
READ MORE