15 Articles match "July","Real Estate"

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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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• 5 States = 55% of July Foreclosure Pie
  
  foreclosure filings in July, according to the RealtyTrac U.S. The states foreclosure activity was actually down a half a percent from the previous month but still up 289 percent from July 2006. Californias foreclosure rate of one foreclosure filing for every 333 households slipped from third highest in June to fourth highest in July, behind foreclosure rates in Nevada, Georgia and Michigan. California, Florida, Michigan, Ohio and Georgia together accounted for 55 percent of all U.S. Foreclosure Market Report released today.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Investment Banks Shoulder Bigger Share of REO Burden
  
  The bullish stock market began showing some cracks in the foundation in late July as fresh evidence revealed that real estate woes on Main Street are inflicting a bigger-than-expected toll their lender
  RealtyTrac Article Library - Wednesday, January 9, 2008
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• Investment Banks Shoulder Bigger Share of REO Burden
  
  The bullish stock market began showing some cracks in the foundation in late July as fresh evidence revealed that real estate woes on Main Street are inflicting a bigger-than-expected toll their lender
  RealtyTrac Article Library - Wednesday, January 9, 2008
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• FDIC Selling Off Detroit Inventory
  
  So it’s no wonder that it has no time to play nursemaid to a bunch of foreclosed real estate in foreclosure-laden Detroit, Mich. With one in every 176 households receiving a foreclosure filing during July, the Detroit metro area had the 18th highest foreclosure rate among the 230 MSAs reported by RealtyTrac for the month. Reporting 4,781 properties with foreclosure filings for the month, the Detroit metroplex saw a The Federal Deposit Insurance Corp. is having no trouble keeping busy these days.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• 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. mortgage lender, reported that foreclosures reached a five-year high in July. So, 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
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• MBA Numbers Mirror RealtyTrac Data:
  
  percent from July through September. Please feel free to comment on this article, or write an e-mail to us at: editor@foreclosurepulse.com . Posted 12-14-2006 9:22 AM by Octavion Filed under: Foreclosure Trends , Real Estate Trends , MB The number of delinquent mortgage payments and foreclosures jumped in recent months, according to a new survey released today by the Mortgage Bankers Association . The MBA’s quarterly report — surveying more than 42 million mortgages nationwide — found that the
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• New Illinois Housing Law Draws 2nd Suit
  
  The suits — filed by eight consumers and the real estate community — seek to halt the implementation of Illinois House Bill 4050, which took effect September 1. "It's a discriminatory law," said Julie Santos, a Chicago Realtor and co-chair of the Coalition to Rescind HB 4050, a group formed from several community organizations who are collecting signatures in an attempt to repeal the law. "If RealtyTrac is monitoring the Illinois law because it could have broader implications for real estate buyers, investors and agents. Two law suits have been filed against a controversial Illinois law that mandates financial counseling for certain consumers obtaining mortgages or refinancing loans in 10 ZIP code areas in Chicago.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Room Enough for a Catnap
  
  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. A quick comparison of two zip codes in the Lake Elsinore area — 92530 and 92532 — shows a 17 percent increase in foreclosure filings in July from the previous month in both zips, while there was a 200 percent and a 138 percent increase in foreclosure filings respectively from July 2007. What are they waiting for? Hopefully the right time to pounce on a devastated
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• The $3 Billion Foreclosure Payday
  
  In July 2006, the ABX index began with a value of 100, but it soon fell to 60 and Paulson’s profits began to pile up. And things are looking even better in 2008 for the doomsday trading titan as real estate prices tumble and foreclosures spread like wildfires. Do you think Paulson earned his money or do you think it’s just plain luck? Posted 01-16-2008 3:05 PM by Octavion Filed You may not know who John Paulson is, but you soon will. Last year, Paulson made $3 billion betting on foreclosures
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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