14 Articles match "Mortgage Payment","Press"

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• Whitney Houston: Diva in Default
  
  Thanks to delinquent mortgage payments totaling more than $1million, singer Whitney Houston faces the possibility of foreclosure on a home in New Jersey, according to the AssociatedPress . Houston’spublicist told a local newspaper that the property is not in foreclosure andlater was not available for comment to the Associated Press. The news service reports that one of two lots owned by Houston was scheduled for public auction on January 4 by the Morris County’sSheriff’s office. A
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Avoid Foreclosure Before it Starts at RealtyTrac
  
  And they use creative and sometimes risky financing options like no-down payment, interest-only, negative amortization and piggyback loans, which put them in a much more unstable financial position after they purchase the property. “The ldquo;The chance of a significant increase of mortgage defaults is definitely on the rise in the U.S.,” 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
  
  Face the reality that you are falling behind on mortgage payments, credit cards debt, utility expenses, taxes and other bills. 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. Check out our NEW Features! Login Why Join? FREE Trial Feedback Help
  www.realtytrac.com - Tuesday, February 3, 2009
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• Deed in Lieu of Foreclosure - a Way Out of Foreclosure - RealtyTrac
  
  Short of filing for bankruptcy (which only delays the inevitable, and does not STOP foreclosure in its tracks), sometimes your lender just isn’t willing to negotiate a loan workout or accept a short sale (agreeing to take less money on the sale of your property than the balance due on their underlying mortgage). You are in effect giving up all claims and rights to the property in exchange for the ability to walk away from it without having to make another mortgage payment — and, possibly, without a mark on your credit report. Check out our NEW Features! Login Why Join? FREE Trial Feedback Help
  www.realtytrac.com - Tuesday, February 3, 2009
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• 40 Is the New 30 for Lenders and Investors
  
  Well, as Fed Chairman Ben Bernanke decides on his next move -- will he or wont he ratchet up interest rates another 25 basis points next month as most economists are predicting -- mortgage lenders are also pondering their next moves. 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.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• 8 Ways to Dodge Delinquency and Stopping Foreclosure - RealtyTrac
  
  If you are in danger of falling behind on your mortgage payments — or if you’re already delinquent — it’s important to know what your options are and what to expect ahead. Here are eight options to help you avoid foreclosure: Option #1: Renegotiate with the lender Step one is to contact your lender as soon as you know you can’t make a payment. Check out our NEW Features! Login Why Join? FREE Trial Feedback Help
  www.realtytrac.com - Tuesday, February 3, 2009
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• Fed Pauses to Pass the Popcorn Around
  
  The problem is, in Tuesday’s press release the Fed noted the slowing growth rate of the national economy, directly commenting on “the gradual cooling of the housing market and the lagged effects of increases in interest rates and energy prices.” T hanks to next year’s expected reset of one trillion dollars in adjustable rate mortgages , many of these homeowners may find their mortgage payments elevated to a level they can no longer afford. But the question remains: will Mr. Alan Greenspan started directing this movie more than two years ago when he made the first of 17 consecutive edits (so-called “adjustments”) to interest rates, raising them 25 basis points each.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Not Enough Rope in Administration's Lifeline' Program
  
  Just a few short months ago President Bush stood in front of the press and swore that it was not the federal government’s job to bail out either lenders who made bad loans or speculative homebuyers who purchased more home than they could rightly afford utilizing the so-called “exotic” or “liar loans” popularized over the past few years. which are responsible for almost 50 percent of all mortgages in this country, to throw at least a bone to as many homeowners facing foreclosure as possible. Last week Treasury Secretary Henry Paulson threw out what the administration considers to be a life preserver to homeowners facing foreclosure.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• New Poll: Buyers to Remain on the Fence
  
  If the results of the latest Associated Press-AOL Money & Finance poll are any indication, prospective home buyers will be keeping their wallets closed and remain on the fence at least until the latest economic downturn blows over. One in seven mortgage holders were also concerned about their ability to make timely mortgage payments over the next six months. And that could be years down the road. A majority of those polled for the survey expressed pessimism over the nation’s housing contraction (as the Federal Reserve calls it) enough to not consider buying
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• When Foreclosure Is Not Politically Correct
  
  Located in the upscale Curtis Park neighborhood of Sacramento, the property has gone through the foreclosure auction process and reportedly been purchased by Red Rock Mortgage for $388,000, a far cry from the $535,000 Richardson paid for it back in January 2007. The Trustee’s Deed transferring the property to Red Rock was recorded on May 19, 2008, according to the Long Beach Press-Telegram . Typically when you read about a politician and foreclosure, it’s in relation to some piece of legislation created to combat the recent surge in foreclosures. But the topic of
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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