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4 Articles match "Homes","January","June"
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The Latest from RealtyTrac
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Legislating Lower Foreclosure Rates?
But opponents say the law is cutting down on the legitimate loans available to residents of the 10 zip codes and thereby will lower house values by reducing the number of potential buyers who can qualify for a loan, creating a glut of unsold inventory. The bill requires certain “high risk” mortgage applicants to receive credit counseling before taking out a home loan, and only applies to state-chartered loan originators, not federally chartered loan originators, according to the Chicago Association of Realtors. One such law is Illinois Senate Bill 2349 , which passed back in June
www.foreclosurepulse.com
- Tuesday, December 16, 2008
Whitney Houston: Diva in Default
Thanks to delinquent mortgage payments totaling more than $1million, singer Whitney Houston faces the possibility of foreclosure on a home in New Jersey, according to the AssociatedPress . The news service reports that one of two lots owned by Houston was scheduled for public auction on January 4 by the Morris County’sSheriff’s office. was listed as a pre-foreclosureon RealtyTrac in Houston’spublicist told a local newspaper that the property is not in foreclosure andlater was not available for comment to the Associated Press. A
www.foreclosurepulse.com
- Tuesday, December 16, 2008
Mortgage Reform to Calm Foreclosure Storm
In an attempt to address the recent downturn in the real estate market — evidenced by rising foreclosures and falling home prices and which many believe may threaten to undermine the overall economy — the House of Representatives yesterday passed a bill that imposes more stringent regulatory oversight of the mortgage industry. Rod Blagojevich in January of this year after receiving criticism for discriminating against minority homeowners and homebuyers. Called The Mortgage Reform and Anti-Predatory Lending Act of 2007, the bill ( H.R. 3915 ) claims to "amend the Truth in Lending
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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The Best from RealtyTrac
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MORE
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Whitney Houston: Diva in Default
Thanks to delinquent mortgage payments totaling more than $1million, singer Whitney Houston faces the possibility of foreclosure on a home in New Jersey, according to the AssociatedPress . The news service reports that one of two lots owned by Houston was scheduled for public auction on January 4 by the Morris County’sSheriff’s office. was listed as a pre-foreclosureon RealtyTrac in Houston’spublicist told a local newspaper that the property is not in foreclosure andlater was not available for comment to the Associated Press. A
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Michigan Goes Hollywood to Help Homeowners
Since January 2006 Michigan has ranked in RealtyTrac’s top 10 states with the greatest foreclosure activity in the nation, most of that time maintaining a position in the top five. In June 2008 — the most recent monthly ranking available from RealtyTrac — the Great Lakes State ranked fifth nationally, reporting 12,025 properties with foreclosure filings, accounting for 5 percent of the nation’s total foreclosure filings for the month. Lights! Camera!
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Legislating Lower Foreclosure Rates?
But opponents say the law is cutting down on the legitimate loans available to residents of the 10 zip codes and thereby will lower house values by reducing the number of potential buyers who can qualify for a loan, creating a glut of unsold inventory. The bill requires certain “high risk” mortgage applicants to receive credit counseling before taking out a home loan, and only applies to state-chartered loan originators, not federally chartered loan originators, according to the Chicago Association of Realtors. One such law is Illinois Senate Bill 2349 , which passed back in June
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
Mortgage Reform to Calm Foreclosure Storm
In an attempt to address the recent downturn in the real estate market — evidenced by rising foreclosures and falling home prices and which many believe may threaten to undermine the overall economy — the House of Representatives yesterday passed a bill that imposes more stringent regulatory oversight of the mortgage industry. Rod Blagojevich in January of this year after receiving criticism for discriminating against minority homeowners and homebuyers. Called The Mortgage Reform and Anti-Predatory Lending Act of 2007, the bill ( H.R. 3915 ) claims to "amend the Truth in Lending
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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