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30 Articles match "May","Press"
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The Latest from RealtyTrac
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Mortgage Delinquency Rate Hits All Time High in 2Q
Mortgage Delinquency Rate Hits All Time High in 2Q Associated Press The delinquency rate on U.S. mortgage loans hit an all-time high in the second quarter, but the pace of growth for the rate slowed, a possible sign the mortgage crisis may be beginning...( read more )
...Tags: Tags: foreclosures ForeclosureTrends foreclosures rate
Foreclosure Pulse
- Tuesday, August 18, 2009
How Much for Those Lender Assets in the Window?
What they show is that investors today, including Uncle Sam, should be able to value mortgage paper with some clarity.” The catch, said Saccacio, is that loan portfolios likely differ so much that generalizations may not work. “Every would-be buyer of mortgage-related securities will have to review portfolios with enormous care. Hopefully the WAMU portfolio is not typical, otherwise Uncle Sam may need a lot more than $700 billion to refashion the marketplace. How Much for Those Lender Assets in the Window? By Peter G. Miller
www.realtytrac.com
- Tuesday, February 3, 2009
Avoid and Stop Foreclosure - Help at RealtyTrac
Defaulting to national foreclosure data. Loading... Search Foreclosures FREE 7-Day Trial MAY. +/- APR. Number Of Sales 119,969 173,727 Median Assessed Value $ 163,853 $ 155,047 Median Sales Price $ 279,790 $ 274,037 Median Square Feet 1,718 1,710 Median Loan Amount $ 201,377 $ 201,377
www.realtytrac.com
- Tuesday, February 3, 2009
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Foreclosures Inch Higher in May
RealtyTrac just released state and national foreclosure statistics for the month of May . The data show nationwide foreclosures inching up 2 percent from the previous month and 28 percent from May 2005. “Our May numbers echo the recent report by the Mortgage Bankers Association, which noted that delinquency and default activities were lower in the first quarter of 2006,” commented James J. While our report confirms that the number of properties entering foreclosure is Saccacio, chief executive officer of RealtyTrac. “While That three-month trend indicates foreclosure
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
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Mortgage Delinquency Rate Hits All Time High in 2Q
Mortgage Delinquency Rate Hits All Time High in 2Q Associated Press The delinquency rate on U.S. mortgage loans hit an all-time high in the second quarter, but the pace of growth for the rate slowed, a possible sign the mortgage crisis may be beginning...( read more )
...Tags: Tags: foreclosures ForeclosureTrends foreclosures rate
Foreclosure Pulse
- Tuesday, August 18, 2009
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Foreclosure Lessons From Long Beach - Part III
The customer had previously called the trustee and hung upafter hearing the beginning of a generic message, but we listened tothe entire message and found out we needed to press "0" to reach anoperator. pressed "0" and we were put through quite quickly to aperson who was able to tell us the property had been reinstated by theowner. Sometimes the trustee may ask forthe trustee Heres the third and final lesson gleaned from a conversation with acustomer in Long Beach, Calif., who needed help following up onproperties she found on RealtyTrac.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Home Prices Fall Deeper Into the Abyss
Homeowners across the country may be feeling a bit like Mel Brooks’ character from his movie “High Anxiety” now that Standard and Poor’s has released its May numbers for the S&P/Case-Shiller Home Price Indices . The S&P figures for May show declines in all 20 metro areas reported for the second straight month — nine with record lows and 10 in double digits. In the movie, Brooks’ character nervously sweats every time he even thinks about getting into an elevator. Well, the nation’s homeowners are sweating it out now, being
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Deed in Lieu of Foreclosure - a Way Out of Foreclosure - RealtyTrac
However, should you find yourself in this situation where there may be a deficiency judgment involved, the best thing to do is to consult with a real estate attorney about possible options. Department of Housing and Urban Development (HUD) has both a detailed fact sheet about the deed-in-lieu option and frequently asked questions about disposing of a property this way. Bottom Line About Deed in Lieu A deed-in-lieu is a potential way out of foreclosure for distressed homeowners who are hard pressed to find their way back to financial solvency. Check out our NEW Features! Login Why Join? FREE Trial Feedback Help
www.realtytrac.com
- Tuesday, February 3, 2009
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Free foreclosure help and avoiding foreclosure information - RealtyTrac
These HUD-approved housing counselors are private and public organizations that have been screened by HUD and are reputable groups that help you try to negotiate a repayment workout deal with your lender. Document Everything in Writing A deed-in-lieu is a potential way out of foreclosure for distressed homeowners who are hard pressed to find their way back to financial solvency. It may not always be the best way, but it can be much better than going all the way through the foreclosure process or filing for bankruptcy. Cut Back on Spending and Look for Income Streams If you want
www.realtytrac.com
- Tuesday, February 3, 2009
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March Goes Out Like a Lamb
See the full report on the RealtyTrac website at http://www.realtytrac.com/news/press/pressRelease.asp?PressReleaseID=100 I am open to other viewpoints who may think Im wron A glimmer of hope or the calm before the storm? Whichever way you choose to view it, the good news is that the national foreclosure rate dropped by 13% in March, according to the RealtyTrac U.S.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Florida Homeowners Overconfident Despite Foreclosures?
That report showed a 24 percent drop in home sales both year-to-date and year-over-year through May 2006. Yet despite lower sales volume, FAR also reported that the states median home price continues to go up -- 11 percent on a yearly basis from May 2005, and 15 percent year-to-date, giving some credence to the 71 percent of homeowners surveyed by The Fund who believe that affordability is the biggest obstacle to homeownership in the state. Such consumer confidence does Results of a new study released last week by Attorneys Title Insurance Fund (The Fund) suggests that Florida homeowners are feeling pretty good nowadays about the value of their homes and the potential for those values to rise further in the future.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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40 Is the New 30 for Lenders and Investors
Tauting the lower monthly payments the new product offers will appeal to first-time buyers, consumers in high-cost markets, real estate investors and buyers on a fixed income, the companys press release also warns that equity will build up more slowly as a result of the lower payments and a lot more total interest will be paid over the extra 10 years. Still, this new loan may be a viable alternative to home buyers who may soon be finding themselves in trouble with the popular interest-only and option adjustable-rate mortgages -- especially if the Fed ups the interest rates more this year
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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