9 Articles match "May","Ohio","Report"

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• Ohio Lawmaker Seeks Solution to Foreclosure Level
  
  LaTourette (R-Ohio) — who chaired a meeting of the U.S. For homeowners in Cuyahoga County, or Ohio for that matter, there is cause for concern. And for subscribers to RealtyTrac — albeit investors, real estate agents or potential homebuyers — Ohio is a land of opportunity right now. According to the RealtyTrac Q2 2006 Foreclosure Market Report , the total It looks like foreclosures are starting to become a national call to action for some Washington bureaucrats. One example — Rep.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• May Home Prices Down 4.8 Percent
  
  Home prices were down again in May, but a few regions of the country experienced a ever-slight uptick in prices from the previous month, giving officials at the Office of Federal Housing Enterprise Oversight (OFHEO) a chance to be cautiously optimistic in the press release announcing the numbers. "It quot;It is very hard to draw conclusions from a one-month number, especially in these uncertain times; but the numbers in the Pacific, East and West North Central Divisions may be good signs," said OFHEO Director James B. Lockhart in the release. Nationwide, the OFHEO report
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Trimming the Fat From Foreclosure Overload
  
  Well, the judiciary in Cuyahoga County — Ohio’s most populated county — has taken the disturbing backlog of foreclosure cases in their courts as a call to action and took it upon themselves to actually do something about it. Reporting 2,294 properties entering some stage of foreclosure, Cuyahoga County accounted for 31 percent of all foreclosures in Ohio during October, according to the RealtyTrac U.S. Probably the biggest downside to dealing with a property sited in a judicial foreclosure state is the tedious length of the process involved. Just ask any homeowner, investor,
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Foreclosure Filings Soar 90 Percent
  
  foreclosure filings surged 90 percent in May from a year earlier as more homeowners fell behind on their monthly mortgage payments, reported RealtyTrac . There were 176,137 foreclosure filings in May, up 19 percent from April. Meanwhile, the Mortgage Bankers Association, in its quarterly snapshot of the mortgage market released today, reported that the percentage of payments that were 30 or more days past A growing number of American homeowners across the country are getting foreclosure notices, according to new data released this week by RealtyTrac. U.S.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• FBI: Mortgage Fraud Begets Foreclosure
  
  The FBI recently came out with its 2006 Mortgage Fraud Report , which somewhat anticlimactically concludes that there is “a strong correlation between mortgage fraud and loans which result in default or foreclosure.” The correlation is apparent in the report’s list of the top states for mortgage fraud: California, Florida, Georgia, Illinois, Indiana, Michigan, New York, Ohio, Texas, and Utah. Six of those states also appeared in RealtyTrac’s list of states with the highest foreclosure rates in 2006. The FBI also lists Arizona, Colorado, Maryland, Minnesota, Missouri, Nevada,
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• I'll Take Sour Cream and Chives
  
  Nowadays, I may have to add a side of presidential politics too! The five: California, Florida (the hanging chad capital of the western world), Michigan, Ohio and Georgia. Just an FYI: in the upcoming 2008 presidential election, California will have 55 electoral votes, Florida 27, Michigan 17, Ohio 20 and Georgia 15. No butter for me. Personally, I like my hot baked potato covered with sour cream and chives.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Fannie: Q1 a Swift Kick in the Rear
  
  It may have been created and chartered by the federal government, but Fannie Mae (the Federal National Mortgage Association) is first and foremost a private company responsible to shareholders for running at a profit. And as with many corporations in this country, the national economy is kicking Fannie around…fast and hard! One of the nation’s two Government Sponsored Enterprises (GSEs), Fannie reported a first quarter net loss of $2.2 billion — attributable at least in part to an increased number of foreclosures. Although an improvement over the $3.6
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Getting Help to Stop Foreclosure, Avoid Home Foreclosure Process - RealtyTrac
  
  Good news, there may be ways to stop foreclosure. The Task Force report included four goals for reducing the number of foreclosures in the region: 1) stabilization continuum – providing early warning notices to prevent foreclosure; 2) education – consumer counseling on all phases of homeownership; 3) prevention and intervention – through counseling about homeownership and borrowing; and 4) legislation, policy and enforcement – creating clear guidelines to educate consumers regarding terms and conditions affecting homeownership. Check out our NEW Features! Login Why Join? FREE Trial Feedback Help
  www.realtytrac.com - Tuesday, February 3, 2009
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• BK' Doesn't Stand for Burger King
  
  According to published reports, more than 2 million Chapter 7 bankruptcies were filed that year (an all-time high) right before the new bankruptcy law went into effect. Gerdano, who expects consumer bankruptcies for 2008 to top 1 million, according to a Reuters report. As Bloomberg.com recently reported, the likelihood of Gerdano’s prediction coming to fruition is more than a possibility given that more The only kind of whopper a person with this kind of ‘BK’ is going to get is a whopper of a headache. In this, the legal sense for the abbreviation, we’re talking about
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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