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8 Articles match "Help","New York","Publication"
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The Latest from RealtyTrac
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Don't Dump Investors
Blinder, a professor of economics and public affairs at Princeton University and a former vice chairman of the Federal Reserve, could not be more clear: He suggests that the government should develop a federal program to buy out mortgages from lenders, just as it did during the Depression — to “refinance only owner-occupied residences. See: From the New Deal, a Way Out of a Mess, The New York Times, Feb. Don’t Dump Investors By Peter G. Miller When it comes to bailing out giant banks, huge companies and massive stock
www.realtytrac.com
- Tuesday, February 3, 2009
Long-Term Solution for Fannie and Freddie Dilemma
The huge problems at Fannie Mae and Freddie Mac were supposed to be resolved with new management and revamped accounting, but no resolution could revolve a basic issue: Private mortgage buyers are always at a disadvantage when competing against Fannie Mae and Freddie Mac. We can use a phased approach to re-assure both the public and investors that life will go on even if Fannie Mae and Freddie Mac must compete on equal terms in the mortgage marketplace. Long-Term Solution for Fannie and Freddie Dilemma By Peter G. Miller Its
www.realtytrac.com
- Tuesday, February 3, 2009
U.S. Foreclosure Laws
Knowing the process in your state will help you adopt a more effective investing strategy and avoid procedural pitfalls. State Foreclosure Laws Quickly locate and review the foreclosure law specific to your state � or any state you�re considering investing in. Select A State Alabama Alaska Arizona Arkansas California Colorado Connecticut
www.realtytrac.com
- Tuesday, February 3, 2009
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The Best from RealtyTrac
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MORE
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U.S. Foreclosure Laws
Knowing the process in your state will help you adopt a more effective investing strategy and avoid procedural pitfalls. State Foreclosure Laws Quickly locate and review the foreclosure law specific to your state � or any state you�re considering investing in. Select A State Alabama Alaska Arizona Arkansas California Colorado Connecticut
www.realtytrac.com
- Tuesday, February 3, 2009
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RealtyTrac VP Speaking at USFN Seminar
Senate Joint Economic Committee and Banking Committee, Treasury Department, Federal Reserve, FBI and New York State Banking Department, have requested in-depth foreclosure data from RealtyTrac to help inform public policy decisions. If you’re attending the annual 2008 USFN National Default Servicing Seminar in Texas this week, you can catch RealtyTrac Vice President of Marketing Rick Sharga speaking on the latest foreclosure legislation at a 9 a.m. panel discussion titled “In the News: Current Issues Affecting the Default Servicing Industry.”
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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FBI: Mortgage Fraud Begets Foreclosure
The correlation is apparent in the report’s list of the top states for mortgage fraud: California, Florida, Georgia, Illinois, Indiana, Michigan, New York, Ohio, Texas, and Utah. These investors will forgo jumping through the legal loopholes to help distressed homeowners and just wait for the public auction, or until the property has been repossessed by the lender. So maybe 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
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Mayors Predict Rising Foreclosures in 2008
Mounting home foreclosures will lead to “profound” effects on the economy next year, bleeding billions of dollars in lost tax revenues, shrinking job growth and reducing consumer spending in the nation’s major metropolitan areas, according to a new report released this week by the U.S. New York, for example, is expected to lose $10.4 Conference of Mayors . Prepared by forecasting and consulting firm Global Insight , the report said weak residential investment, lower spending and income in the construction industry and curtailed consumer spending because of falling home
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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You Too Can Predict the Future...Maybe
Don’t worry, be happy,” said Edward Leamer, director of the forecast, according to the publication. Although he believes the $152 million economic stimulus package President Bush and Congress approved last month will help somewhat, Engle, a professor at New York University, is disappointed in the performance of the housing sector enough to blame it as the chief reason that a recession is likely. “What I’m hoping is that this sector of the economy doesn’t get legislated away. Time to dust off those Ouija boards and take out the tea leaves. The way things are going
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Rate Cut, Real GDP Are Some Positive News
One day after President Bush pointed the finger at Congress and told the American public to blame lawmakers for all of their recent financial woes, an inkling of actual positive news came out of Washington Wednesday with two announcements from government agencies. economy — no matter how slight it is — the New York Times is reporting that the current situation does not fit into the classic definition of a recession, which is a "significant decline in economic activity spread acorss the economy, lasting more than a few months." In the first, and the more closely watched of the two, the Federal Reserve took a much anticipated move to lessen the pressure on the nation’s economy by lowering the federal funds rate another 25 basis points to 2 percent (that’s a long way down from the 5.25
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Don't Dump Investors
Blinder, a professor of economics and public affairs at Princeton University and a former vice chairman of the Federal Reserve, could not be more clear: He suggests that the government should develop a federal program to buy out mortgages from lenders, just as it did during the Depression — to “refinance only owner-occupied residences. See: From the New Deal, a Way Out of a Mess, The New York Times, Feb. Don’t Dump Investors By Peter G. Miller When it comes to bailing out giant banks, huge companies and massive stock
www.realtytrac.com
- Tuesday, February 3, 2009
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Long-Term Solution for Fannie and Freddie Dilemma
The huge problems at Fannie Mae and Freddie Mac were supposed to be resolved with new management and revamped accounting, but no resolution could revolve a basic issue: Private mortgage buyers are always at a disadvantage when competing against Fannie Mae and Freddie Mac. We can use a phased approach to re-assure both the public and investors that life will go on even if Fannie Mae and Freddie Mac must compete on equal terms in the mortgage marketplace. Long-Term Solution for Fannie and Freddie Dilemma By Peter G. Miller Its
www.realtytrac.com
- Tuesday, February 3, 2009
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