|
|
13 Articles match "Homes","News","Standards"
|
The Latest from RealtyTrac
|
MORE
|
|
No Mortgage Meltdown For These Banks
Miller The news from Wall Street in recent weeks has not been good, especially in the world of mortgages. number of lenders have maintained traditional underwriting standards and mortgage offerings. They thought long-term instead of quarterly; made sure their underwriting standards made sense and now show profits.” Which lenders? No Mortgage Meltdown For These Banks By Peter G. Famous lenders with once-fabulous finances are turning up in the headlines among the broke and busted.
www.realtytrac.com
- Tuesday, February 3, 2009
Can "Appreciation Sharing" Solve The Mortgage Mess?
Miller We’re about to see something new in the mortgage marketplace: The government is going to insure huge numbers of shared-appreciation mortgages, a type of home financing rarely seen in the U.S. Unlike equity sharing, with appreciation sharing if the property’s value goes down Uncle Sam or an investor is not responsible for any part of the loss. “If we’re going to restore home values nationwide then we need to get more buyers into the marketplace,” says James J. Can “Appreciation Sharing” Solve The Mortgage Mess? By Peter G.
www.realtytrac.com
- Tuesday, February 3, 2009
Stop Home Foreclosure
The "as is” appraised value and the sale price should be least 70 percent to 80 percent of the unpaid principal balance of the home. Note: These percentages are not a hard-and-fast standard for all lenders but they are a starting point.) For example, if you owe $180,000 on your existing home loan, then the house must sell for a minimum of $126,000. How to Sell Your House Quickly When Facing Foreclosure By LaTonya S. Johnson If you are currently in foreclosure, strongly consider selling your property as a backup plan.
www.realtytrac.com
- Tuesday, February 3, 2009
|
-
|
The Best from RealtyTrac
|
MORE
|
-
Stop Home Foreclosure
The "as is” appraised value and the sale price should be least 70 percent to 80 percent of the unpaid principal balance of the home. Note: These percentages are not a hard-and-fast standard for all lenders but they are a starting point.) For example, if you owe $180,000 on your existing home loan, then the house must sell for a minimum of $126,000. How to Sell Your House Quickly When Facing Foreclosure By LaTonya S. Johnson If you are currently in foreclosure, strongly consider selling your property as a backup plan.
www.realtytrac.com
- Tuesday, February 3, 2009
-
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
-
Home Price Indices Reporting Record Lows
Home prices on existing single-family homes continued to sink further into the abyss nationally during the first quarter of 2008, according to two leading industry indicators. The Office of Federal Housing Enterprise Oversight (OFHEO) reported last week that prices fell 1.7 ldquo;These substantial home price declines bring positive and negative news,” said OFHEO Director James B. percent for the quarter, the largest quarterly price decline on record, based solely on purchase-only transactions (without refinancings). On a year-over-year basis the OFHEO reports
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
As Home Prices Plummet, When Will You Buy?
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 S&P/Case-Shiller Home Price Index released today. Blitzer, Chairman of the Index Committee at Standard & Poor's, in a press release issued to announce the numbers. "Little Prices in those metro areas were down 19.5 percent from their peak in July 2006. "There
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
Stumbling Subprimes Spell Opportunity
Wells Fargo, the biggest originator of subprime loans, according to National Mortgage News , announced this week that they would be cutting 320 jobs in their subprime mortgage division because of tighter lending standards. The tightened lending standards, coupled with stagnant home price appreciation, leaves many homeowners in default unable to refinance their way out of foreclosure. The subprime mortgage industry is stumbling under a heavy burden of defaults, watching profits dwindle as lenders are forced to buy back loans that have turned sour. This bottom-line
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
Now Homebuilders Face Foreclosure
For millions of Americans facing foreclosure, the Federal Reserve’s interest rate cut this week was welcome news that could possibly help save thousands of homeowners from default by giving them the opportunity to refinance their adjustable-rate loan into a fixed-rate mortgage with a lower interest rate. based Levitt & Sons, Elliott Building Group in Pennsylvania, Turner-Dunn Homes Inc. But for many U.S. homebuilders the risk of foreclosure through bankruptcy has sharply risen under the pressure of the grim housing market.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
Subprime meltdown means jump in foreclosures
As more lenders go bankrupt and more Americans default on home loans, a jump in foreclosures is expected. reported big losses from loan defaults due to sagging home prices and higher interest rates. filed for bankruptcy on Feb 7, sounding the alarm and bringing the total failure of subprime lenders to 20 since December, according to Bloomberg News . Panic is spreading in the U.S. subprime mortgage market after the bankruptcy of at least 20 lenders in the last two months, triggering a mass liquidation of securities on Wall Street and an avalanche of foreclosure activity
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
No Mortgage Meltdown For These Banks
Miller The news from Wall Street in recent weeks has not been good, especially in the world of mortgages. number of lenders have maintained traditional underwriting standards and mortgage offerings. They thought long-term instead of quarterly; made sure their underwriting standards made sense and now show profits.” Which lenders? No Mortgage Meltdown For These Banks By Peter G. Famous lenders with once-fabulous finances are turning up in the headlines among the broke and busted.
www.realtytrac.com
- Tuesday, February 3, 2009
-
What's Causing the Credit Crunch?
Meanwhile, nervous lenders have responded by tightening their lending standards, making it more difficult and expensive for real estate investors and homeowners to borrow money, according to new survey conducted by the Federal Reserve in July. Between 2000 and 2006, defaults remained low because home prices were rising, interest rates were at historic lows and borrowers who fell behind on payments were able to simply refinance their mortgages — or sell their home for a profit. A lively debate is ensuing as to why the mortgage industry is unraveling and who’s to blame for the growing credit crunch that is sabotaging the housing industry.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
-
Economic Indicators: Image Is Everything
1) The National Association of Realtors announced Monday that existing home sales nationwide were up for the month of February compared to January. 2) On Tuesday, the Standard & Poor’s/Case-Shiller home price index reported the worst decline in home prices since the company started tracking data back in 1987. Commerce Department reported that new home sales in February were down 1.8 When it comes to purchasing real estate — either as a primary residence or as an investment — perception is everything. When reports of telltale economic indicators are released,
www.foreclosurepulse.com
- Tuesday, December 16, 2008
|
|
|
