8 Articles match "July","Real Estate","US"

• The Best from RealtyTrac

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• July Foreclosure Report
  
  U.S. 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. 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. This
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• 5 States = 55% of July Foreclosure Pie
  
  California, Florida, Michigan, Ohio and Georgia together accounted for 55 percent of all U.S. 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 Foreclosure Market Report released today. The foreclosure filings tracked in the report are default notices, auction notices and bank repossessions.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• MBA Numbers Mirror RealtyTrac Data:
  
  percent from July through September. percent from the previous month, according to RealtyTrac’s U.S. 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
  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 Under the law, if a borrower’s FICO credit score is 620 or less, a borrower must get financial counseling sessions from a U.S. 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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• 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. the largest U.S. mortgage lender, reported that foreclosures reached a five-year 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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• Lending Standards Continue to Tighten
  
  The Fed’s July 2008 Senior Loan Officer Opinion Survey , which covered 52 domestic banks and 21 U.S. Or is this exactly what the market needs to ensure that home prices stay grounded in the reality of what homebuyers can truly afford? Posted 08-11-2008 3:47 PM by darenb Filed under: Real Estate Trend The results of a new survey released today by the Federal Reserve confirms what many people looking to buy or refinance already know — it’s hard to get approved for a loan. branches
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• As Home Prices Plummet, When Will You Buy?
  
  Home prices in 20 of the nation's major metro areas in July were collectively down 16.3 percent from their peak in July 2006. "There percent from July 2007, the smallest annual decline among the 20 cities tracked in the report, followed by Dallas, which reported a 2.5 Does this make it a good time to buy real estate? percent from a year ago, according to the S&P/Case-Shiller Home Price Index released today. Prices in those metro areas were down 19.5
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• OTS Director Offers Alternative Plan to Congress
  
  In a statement delivered before the Committee on Financial Services of the U.S. Under the FHA Housing Stabilization and Homeownership Retention Act of 2008 (the HSHR Act), the FHA proposes to guarantee up to $300 billion in new mortgages to refinance existing eligible mortgages originated between January 1, 2005 and July 1, 2007, the report notes. In the meantime, investors and potential home buyers have plenty of time to sort through an abundance of bargain properties nationwide that can satisfy their investment House of Representatives earlier this week, John M. Reich, Director of the
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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