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15 Articles match "June","US"
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The Latest from RealtyTrac
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Can "Appreciation Sharing" Solve The Mortgage Mess?
Miller We’re about to see something new in the mortgage marketplace: The government is going to insure huge numbers of shared-appreciation mortgages, a type of home financing rarely seen in the U.S. In June the headline from a Mortgage Bankers Association news release said that “Delinquencies and Foreclosures Increase in Latest MBA National Delinquency Survey.” Can “Appreciation Sharing” Solve The Mortgage Mess? By Peter G. It’s a big experiment and it raises a bigger question: Is this the loan of the future?
www.realtytrac.com
- Tuesday, February 3, 2009
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. When home prices are attractive to renters, remember there are about 30 percent of U.S. The buyers got a heck of a deal and bled us dry for everything they could knowing what type of market they were in. Home prices in 20 of the nation's major metro areas in July were collectively down 16.3 percent from a year ago, according to the S&P/Case-Shiller Home Price Index released today.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
July Foreclosure Report
U.S. This tied to peak supply of oil and delivery methods or sheer greed and conspiracy to keep energy off the market, puts downward pressure on U.S. Oil prices causing Big Three to perhaps collapse, and ripple effects in economy of Michigan alone could crash the entire U.S. Thats where resources or the "lack of basic" energy resources are taking us to. 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 . Bank Repossessions (REOs)
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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The Best from RealtyTrac
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Foreclosures Continue Retreat
RealtyTrac released its June 2006 U.S. Foreclosure Market Report Tuesday, and the report shows a trend you may not have expected if youve been reading some recent headlines: foreclosure activity actually slowed in June from the previous month. The total number of foreclosures dipped below 90,000 for the first time this year, significantly lower than the 117,000-plus reported in February. So, despite myriad predictions otherwise, it appears that foreclosures are not spiraling out of control -- although they are up significantly from last year. But many market watchers are still
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosure Activity Backs Off 30-Month High
Foreclosure activity decreased 7 percent in June, backing down from a 30-month high reached in the previous month, according to the RealtyTrac U.S. Despite the month-over-month decrease, however, foreclosure filings were still up 87 percent from June 2006. Foreclosure Market Report issued today. Nevada continued to register the nations highest state foreclosure rate, with one foreclosure filing for every 175 households — more than four times the national average.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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RealtyTrac VP Speaking at USFN Seminar
ldquo;The U.S. rdquo; Foreclosure activity increased 112 percent in the first quarter of 2008, according to the RealtyTrac U.S. Foreclosure Market Report, and Sharga noted that myriad state and federal governmental entities, including the U.S. The USFN Seminar runs from Wednesday, June 4 through Friday, June 6. Posted 06-05-2008 7:31 AM by Octavion Filed under: Foreclosure If you’re attending the annual 2008 USFN National Default Servicing Seminar in Texas this week, you can catch RealtyTrac Vice President of Marketing Rick Sharga speaking on the latest foreclosure legislation at a 9 a.m.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosures Back on the Up and Up
U.S. foreclosures in July rose to their highest level in three months, bouncing back 5 percent from June, when they hit their low point of the year so far. And as they have been in each month so far this year, foreclosures were also up from a year ago, rising 18 percent from July 2005. A total of 92,845 properties entered some stage of foreclosure during the month, a foreclosure rate of one new foreclosure filing for every 1,245 U.S. households. Colorado continued to document the nation’s highest foreclosure rate for the fifth month in a row and Texas continued to record the most
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. 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. 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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Foreclosure Activity Deflating or Just Deferred?
U.S. 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. Foreclosure Market Report released today. The 3 percent decrease may lead some to speculate that the upward trend in foreclosure activity
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Ohio Lawmaker Seeks Solution to Foreclosure Level
LaTourette (R-Ohio) — who chaired a meeting of the U.S. The state went from the seventh highest total of foreclosures in the nation in April to the fourth highest total in June. At the local level Cuyahoga County went from the county with the highest foreclosure rate in the state — one foreclosure filing for every 453 households in May — down to the seventh highest foreclosure rate in the state — one foreclosure filing for every 508 households — for June. It looks like foreclosures are starting to become a national call to action for some Washington bureaucrats. One example —
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Economic Indicators Support Slow Gain in Foreclosures
And based on the latest available national economic data, indications for the remainder of 2006 through 2007 are consistent with RealtyTrac’s May 2006 U.S. These latest adjustments follow closely on the heels of 16 similar adjustments the Fed has made since June 2004. Let us know if you think this report is on target. Economics 101 – Interest Rates Now that we are hovering at the mid-year point, economists are starting to review their projections for this year. Foreclosure Market Report, which shows a 2 percent increase in foreclosure activity from the previous month. (See
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Exclusive Interview with Dave Webb of Hudson & Marshall
think it’s a good time to buy bank-owned foreclosures.” You have some auctions coming up soon, tell us about it? “I’ve got nearly 800 bank-owned properties to sell in Michigan starting March 25 through March 30. Arizona is scheduled for April, and we’re back in California in June.” Is your business growing? “Last year we sold 9,000 units. As foreclosures continue to mushroom, lenders are increasingly turning to the auction block to sell foreclosure properties. In April, Foreclosure News Report will spotlight the fast-growing foreclosure auction market and cover other
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Fannie Mae Toughens Foreclosure Guidelines
The dramatic shifts in market dynamics over the past several months have prompted us to continually review the full spectrum of our risk appetite, eligibility requirements, automated underwriting risk assessment, and pricing. Effective June 1, 2008, Fannie will require a potential borrower’s credit history to be free from any foreclosure activity for five years before it will consider buying a mortgage taken out by that borrower. It was bound to happen. With government officials at the local, state and federal levels clamoring to clamp down on the nation’s financial institutions
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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