5 Articles match "Houses","Maine","Number of"

• The Best from RealtyTrac

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• Will Main Street Sink Wall Street?
  
  Mounting mortgage defaults by American homeowners with shaky credit have claimed their first Wall Street casualty, as investment banking giant Bear Stearns shuffled the leadership of its asset-management division and lost billions in the risky hedge fund market last month. The meltdown of the two funds has sent tremors through financial markets, causing investors to reassess their appetite for this type of risk. Two Bear Stearns hedge funds that invested heavily in subprime mortgage securities racked up huge losses last month after they made bad bets on complex securities backed by risky mortgages.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Foreclosures and Hurricanes: A Nasty Combo
  
  The fallout that followed in the aftermath of Hurricane Katrina in 2005 left many Gulf Coast residents homeless or facing foreclosure — or both. Temporary relief from the devastation was granted in the form of a foreclosure moratorium at the time. Given today’s economic climate, however, there exists a connection between foreclosures and hurricanes that poses a potentially even greater threat to the health and safety residents from Texas to Maine. The Institute of Business and Housing Safety is reporting that the increasing number of abandoned or vacant foreclosed
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Getting Help to Stop Foreclosure, Avoid Home Foreclosure Process - RealtyTrac
  
  Million Foreclosures
  www.realtytrac.com - Tuesday, February 3, 2009
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• What's Causing the Credit Crunch?
  
  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. Wall Street analysts, main street investors, corporate executives and government bureaucrats all disagree on which mortgage company will be the next to trip and fall into bankruptcy. Skyrocketing foreclosure filings on subprime loans, those made to borrowers But they all agree on one thing — the mortgage meltdown is far from over. Meanwhile, nervous lenders have responded by tightening their lending standards, making it
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Wachovia Changes The Lending Game
  
  Miller     With assets of more than $800 billion, Wachovia is the nation’s fourth-largest banking institution . By every measure Wachovia is an important part of the lending community, so when it does something new or different in the mortgage arena the impact can be significant. Like many lenders, Wachovia has announced that it’s getting out of the option-ARM business, what it calls Pick-A-Pay Wachovia Changes The Lending Game By Peter G. More significantly — and unlike Wachovia’s competitors — it’s making it easier for
  www.realtytrac.com - Tuesday, February 3, 2009
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