4 Articles match "June","September"

The Latest from RealtyTrac MORE
As Home Prices Plummet, When Will You Buy?
June Fletcher of The Wall Street Journal sagely advises that the answer is "For some people, yes. We sold a condo and bought a single-family home.
www.foreclosurepulse.com - Tuesday, December 16, 2008
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Legislating Lower Foreclosure Rates?
Also below is a heat map RealtyTrac created of the Chicago area based on the number of total foreclosure filings (defaults, sales and REOs) in September. One such law is Illinois Senate Bill 2349 , which passed back in June and is scheduled to become effective January 1, 2007. An Illinois law intended to help reduce foreclosures is drawing cries of discrimination from some of the people it is trying to protect, according to the Chicago Defender newspaper. “Nearly 60 days after Illinois House Bill 4050 went into effect to supposedly protect consumers from predatory lenders, a coalition of Black and Latino city residents say the new law is actually destroying property values in select minority communities.” The law is a pilot program that is being applied in 10 Chicago zip codes chosen for their high foreclosure rates, among other factors.
www.foreclosurepulse.com - Tuesday, December 16, 2008
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Mortgage Reform to Calm Foreclosure Storm
Illinois House Bill 4050, a pilot program for 10 Chicago zip codes that was enacted in September 2006, was suspended by Gov. The law takes effect in June 1. In an attempt to address the recent downturn in the real estate market — evidenced by rising foreclosures and falling home prices and which many believe may threaten to undermine the overall economy — the House of Representatives yesterday passed a bill that imposes more stringent regulatory oversight of the mortgage industry. Called The Mortgage Reform and Anti-Predatory Lending Act of 2007, the bill ( H.R.
www.foreclosurepulse.com - Tuesday, December 16, 2008
READ MORE
  • The Best from RealtyTrac MORE
  • Foreclosure Activity Deflating or Just Deferred?
    foreclosure activity in June decreased 3 percent from the previous month but was still up 53 percent from June 2007, according to the RealtyTrac U.S. In fact, the RealtyTrac report has shown month-to-month decreases in previous months, even during the dramatic run-up in foreclosure activity that has occurred over the past year and a half: in February 2008, November 2007, September 2007, June 2007, April 2007, and February 2007. U.S. Foreclosure Market Report released today.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Legislating Lower Foreclosure Rates?
    Also below is a heat map RealtyTrac created of the Chicago area based on the number of total foreclosure filings (defaults, sales and REOs) in September. One such law is Illinois Senate Bill 2349 , which passed back in June and is scheduled to become effective January 1, 2007. An Illinois law intended to help reduce foreclosures is drawing cries of discrimination from some of the people it is trying to protect, according to the Chicago Defender newspaper. “Nearly 60 days after Illinois House Bill 4050 went into effect to supposedly protect consumers from predatory lenders, a coalition of Black and Latino city residents say the new law is actually destroying property values in select minority communities.” The law is a pilot program that is being applied in 10 Chicago zip codes chosen for their high foreclosure rates, among other factors.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • Mortgage Reform to Calm Foreclosure Storm
    Illinois House Bill 4050, a pilot program for 10 Chicago zip codes that was enacted in September 2006, was suspended by Gov. The law takes effect in June 1. In an attempt to address the recent downturn in the real estate market — evidenced by rising foreclosures and falling home prices and which many believe may threaten to undermine the overall economy — the House of Representatives yesterday passed a bill that imposes more stringent regulatory oversight of the mortgage industry. Called The Mortgage Reform and Anti-Predatory Lending Act of 2007, the bill ( H.R.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • As Home Prices Plummet, When Will You Buy?
    June Fletcher of The Wall Street Journal sagely advises that the answer is "For some people, yes. We sold a condo and bought a single-family home.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE