6 Articles match "July","Origination","Properties"

• The Best from RealtyTrac

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• July Foreclosure Report
  
  foreclosure activity in July increased 8 percent from the previous month and 55 percent from July 2007, according to the RealtyTrac Foreclosure Market Report released today. View state-by-state details . That is in contrast to REOs accounting for just 16 percent of all activity in July 2007, while defaults in July 2007 were still at 41 percent and auction notices were at 43 percent. U.S. Bank Repossessions (REOs) accounted for 28 percent of all activity during the month, while defaults accounted for 41 percent and auction notices accounted for 31 percent.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Looking to develop property? Try foreclosures.
  
  Although most of the foreclosure properties listed on RealtyTrac are single family homes, any type of property can fall into foreclosure. That includes all kinds of commercial property and unfinished developments -- like one in San Antonio that sold at foreclosure auction Tuesday for $4.77 This property was originally listed on RealtyTrac in May with an auction date in June. million, according to the San Antonio Express-News : A creditor foreclosed Tuesday on a half-completed project on Broadway near the Interstate 35-Interstate 37 interchange, clearing the way for progress on its hulking concrete building shells.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Room Enough for a Catnap
  
  Well, for one family it was the right time, an attractive property, and so they came off the fence and pounced at the opportunity of occupying a foreclosed property — quite literally, given that it’s a family of bobcats. And they apparently have good taste too since the property is located in what is considered to be an upscale and well-groomed development in Lake Elsinore, Calif., In this lackluster real estate market potential homebuyers have been sitting on the fence, observing from the sidelines as the number of foreclosures keeps going up and home prices keep plummeting.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• OTS Director Offers Alternative Plan to Congress
  
  Representing the interests of the 826 thrift institutions under his agency’s supervision, Reich began by explaining to committee members just how much of a stake the thrift industry has in loan originations in this country and how much the subprime meltdown has impacted its members’ businesses. Unlike workout arrangements, loan modifications — by contrast — are not working as well as originally anticipated. In a statement delivered before the Committee on Financial Services of the U.S. House of Representatives earlier this week, John M.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Two Heavy Hitters Slapped with Foreclosure Notices
  
  mdash; worth an estimated $10 million — is under foreclosure and is set to be auctioned by Washington Mutual on July 1, according to the Fayette Daily News . ESPN reported that Jones originally had his Tennessee estate in West Nashville listed for $1.8 The property, which went into foreclosure in April, sits on 30 acres with its own lake. Former heavyweight boxing champion Evander Holyfield is on the foreclosure ropes. Holyfield’s palatial 235-acre estate in Fayette County, Ga. —
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• A Small Silver Lining in Q1 Foreclosure Storm
  
  in March, spurred by investors taking advantage of low prices on foreclosed properties." 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 until the homeowner and lender meet in a "conciliation conference," according to the Philadelphia Business Journal . Foreclosure sales originally scheduled for April and May will be postponed until at least July. 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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