3 Articles match "Illinois","Report","Top"

The Latest from RealtyTrac MORE
Foreclosure Filings Soar 90 Percent
foreclosure filings surged 90 percent in May from a year earlier as more homeowners fell behind on their monthly mortgage payments, reported RealtyTrac . Meanwhile, the Mortgage Bankers Association, in its quarterly snapshot of the mortgage market released today, reported that the percentage of payments that were 30 or more days past due for one-to-four unit residential properties was 4.84 Top 10 Foreclosure Total Ranked A growing number of American homeowners across the country are getting foreclosure notices, according to new data released this week by RealtyTrac. U.S.
www.foreclosurepulse.com - Tuesday, December 16, 2008
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FBI: Mortgage Fraud Begets Foreclosure
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.” 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. Six of those states also appeared in RealtyTrac’s list of states with the highest foreclosure rates in 2006. The FBI also lists Arizona, Colorado, Maryland, Minnesota, Missouri,
www.foreclosurepulse.com - Tuesday, December 16, 2008
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Now Homebuilders Face Foreclosure
in Illinois. “We’re in the worst housing recession in modern history,” Antonio B. Many of these homebuilders have lost more than 80 percent of their stock value — and have reported hundreds of million in losses to their balance sheet. To move the glut of unsold inventory quickly, some builders are staging flashy promotions, slashing prices and throwing in “free” incentives like new appliances, new cars, granite counter tops and other sales gimmicks to try and lure nervous buyers back into 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.
www.foreclosurepulse.com - Tuesday, December 16, 2008
READ MORE
  • The Best from RealtyTrac MORE
  • Foreclosure Filings Soar 90 Percent
    foreclosure filings surged 90 percent in May from a year earlier as more homeowners fell behind on their monthly mortgage payments, reported RealtyTrac . Meanwhile, the Mortgage Bankers Association, in its quarterly snapshot of the mortgage market released today, reported that the percentage of payments that were 30 or more days past due for one-to-four unit residential properties was 4.84 Top 10 Foreclosure Total Ranked A growing number of American homeowners across the country are getting foreclosure notices, according to new data released this week by RealtyTrac. U.S.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • FBI: Mortgage Fraud Begets Foreclosure
    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.” 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. Six of those states also appeared in RealtyTrac’s list of states with the highest foreclosure rates in 2006. The FBI also lists Arizona, Colorado, Maryland, Minnesota, Missouri,
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Now Homebuilders Face Foreclosure
    in Illinois. “We’re in the worst housing recession in modern history,” Antonio B. Many of these homebuilders have lost more than 80 percent of their stock value — and have reported hundreds of million in losses to their balance sheet. To move the glut of unsold inventory quickly, some builders are staging flashy promotions, slashing prices and throwing in “free” incentives like new appliances, new cars, granite counter tops and other sales gimmicks to try and lure nervous buyers back into 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.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE