11 Articles match "Journal","May"

• The Best from RealtyTrac

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• Those Who Lose Homes May Face State Tax Hit
  
  New-Home Sales Post Another Strong Gain August 26, 2009, Wall Street Journal New-home sales climbed more than anticipated in July, staging their fourth straight month of strong gains to add to evidence that the housing market is emerging from its long...( read more ) ...Tags: Tags: ForeclosureTrends foreclosures rate
  Foreclosure Pulse - Wednesday, August 26, 2009
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• Prime Jumbo Trouble: The Foreclosures Keep Coming
  
  Prime Jumbo Trouble: The Foreclosures Keep Coming The Wall Street Journal The volume of loans entering foreclosure and the rates of foreclosure starts showed no signs of slowing in July, even amid signs that early stage delinquencies may be slowing. Foreclosure...( read more
  Foreclosure Pulse - Thursday, September 3, 2009
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• Recession Risk Rising
  
  interest rate cuts may be needed to shore up economy in the face of a prolonged housing slump. But according to the Wall Street Journal : “the Federal Reserve can’t flip its easy-money switch and immediately end the credit crunch, forestall home foreclosures, and leap tall buildings at a single bound.” Amid fears the economy could be slipping into a recession , President George W. Bush abandoned his usually sunny rhetoric last week and painted a darker picture of the economy’s condition. “We
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• The $3 Billion Foreclosure Payday
  
  You may not know who John Paulson is, but you soon will. In one year, Paulson made more money than The Donald made in a lifetime, according to the Wall Street Journal . Mortgage experts were too caught up” in the housing boom,” Paulson told the Wall Street Journal. “I’ve Last year, Paulson made $3 billion betting on foreclosures . That puts the Wall Street hedge-fund manager among the top 150 richest Americans.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Subprime Market Sinking Further Into the Abyss
  
  The Orange County Business Journal reported Monday that Wall Street analysts are now predicting possible liquidation or bankruptcy for the once high flying subprime lender. As this story continues to unfold, real estate investors, homebuyers and industry professionals are some of the legitimate sources of salvation for homeowners who may now be facing not only higher mortgage payments, but the sale of their loan servicing contract to a totally different lender who acquires it in bankruptcy. The latest developments in the subprime lending market should have the entire real estate industry up in arms (figuratively and literally).
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• History in Sen. Dodd's Favor, But Nothing Else
  
  As the national economy continues to languish, politicians like Dodd are looking in earnest at the foreclosure crisis, which may provide the final push over the edge and asking what can be done. Still, the Wall Street Journal calls the plan a “political long shot.” At least one industry analyst, Alex J. It’s a presidential election year. A
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• A Small Silver Lining in Q1 Foreclosure Storm
  
  Dispatches from Detroit indicate that free-market forces may be the catalyst. That in turn allows lenders to start unloading foreclosure inventory, easing a heavy burden that has been weighing down the citys housing market. Different forces may be at work in Philadelphia, helping that citys foreclosure rate remain relatively low. moratorium on all foreclosure sales scheduled in April there has now been replaced by a pilot program that delays foreclosure proceedings on owner-occupied properties While foreclosure activity in the first quarter of 2008 was up on a year-over-year basis in 90 percent of the nations 100 largest metropolitan areas, according to the RealtyTrac Q1 report issued today, there were a few notable exceptions that could prove to be a harbinger of hope for the nations battered housing market.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Separating the wheat from the chaff: legitimate foreclosure investors vs. scammers
  
  The Milwaukee Journal Sentinel posted a similar article last month. In theend, the increased attention benefits both homeowners in default andlegitimate foreclosure investors, but it may take some time and effortto separate the wheat from the chaff. The investor may also have to do rehab work on the property to make it sellable, and will carry the expense of that rehab. In this case, the only security the investor has is the title to your home, and will ask the seller to sign it over upon completion An article in the Los Angeles Times onTuesday documented the sad story of a defaulted homeowner who was thevictim of alleged foreclosure fraud.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Foreclosures Won't Break the Market Next Year
  
  Lastly, 50 percent of the yellow loans may go into default. In fact a recent Wall Street Journal Online/Harris Interactive Personal Finance poll revealed that 38 percent of adults have used a “creative or payment option mortgage” in a home purchase in 2006, a 5 percent increase from 2005. The ups and downs of every economic cycle have always been directly impacted by the health of the real estate sector. The severity of that impact, however, is open to discussion — depending, of course, on how you choose to massage the data to prove your point.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Long-Term Solution for Fannie and Freddie Dilemma
  
  government, Fannie and Freddie dont need to be solvent," says the Wall Street Journal. "They As UBS analysts point out, because Fannies and Freddies subordinated debt is used when they calculate capital -- the financial cushion regulators require to support the companies operations -- interest payments on the debt may have to stop if a bailout occurs. Long-Term Solution for Fannie and Freddie Dilemma By Peter G. Miller    Its been a rough year for Fannie Mae and Freddie Mac.
  www.realtytrac.com - Tuesday, February 3, 2009
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