5 Articles match "Foreclose","Standards","Washington"

• The Best from RealtyTrac

  MORE

• Home Prices Fall Deeper Into the Abyss
  
  Homeowners across the country may be feeling a bit like Mel Brooks’ character from his movie “High Anxiety” now that Standard and Poor’s has released its May numbers for the S&P/Case-Shiller Home Price Indices . Washington, Los Angeles, New York and Miami are highlighted in a S&P press release as the best performing markets overall since January 2000. In the movie, Brooks’ character nervously sweats every time he even thinks about getting into an elevator. Well, the nation’s homeowners are sweating it out now, being taken on the descending
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE
• Getting Help to Stop Foreclosure, Avoid Home Foreclosure Process - RealtyTrac
  
  Schumer (D-NY) chaired the Joint Economic Committee in Washington, DC, on the topic, "Sheltering Neighborhoods from the Subprime Foreclosure Storm." Its suggestions: increase federal support for local foreclosure prevention programs; strengthen and reform the FHA; strengthen regulation of mortgage origination at the federal level; create a federal anti-predatory lending law that bans unfair and deceptive practices; establish borrowers ability to pay standards; and disclosure relating to alternative mortgage products must be enhanced. Denvers Foreclosure Task Force recently
  www.realtytrac.com - Tuesday, February 3, 2009
  READ MORE
• As Foreclosures Mount, Candidates React to the Credit Crisis
  
  John Edwards — criticized for investing in a hedge fund linked to subprime lenders that have foreclosed on Hurricane Katrina victims — advocates a “Home Rescue Fund” (financed by taxpayers) to help millions of Americans homeowners who are at risk of defaulting on their loans and losing their homes. Edwards also wants to ban certain fees, establish uniform broker licensing standards and start a national database for disciplinary infractions. 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.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE
• Can "Appreciation Sharing" Solve The Mortgage Mess?
  
  But for those with toxic loans, a high-cost mortgage with sane terms is better than foreclosure, bankruptcy and having your stuff sitting on the curb. Equity Sharing During the past few months there has been a huge debate in Washington regarding how to assist those with toxic loans, assuming they should get any assistance at all. 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 on-hand or to stabilize home prices.” Saccacio explains that “we have to enable purchasers
  www.realtytrac.com - Tuesday, February 3, 2009
  READ MORE
• As Home Prices Plummet, When Will You Buy?
  
  Blitzer, Chairman of the Index Committee at Standard & Poor's, in a press release issued to announce the numbers. "Little We live in north San Diego and we see a lot of “short sales” and foreclosed properties in some neighborhoods (e.g. Im from Washington state. Steve Home prices in 20 of the nation's major metro areas in July were collectively down 16.3 percent from a year ago, according to the
  www.foreclosurepulse.com - Tuesday, December 16, 2008
  READ MORE