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113 Articles match "Mortgage","Properties"
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The Latest from RealtyTrac
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Don't Dump Investors
Blinder, a professor of economics and public affairs at Princeton University and a former vice chairman of the Federal Reserve, could not be more clear: He suggests that the government should develop a federal program to buy out mortgages from lenders, just as it did during the Depression — to “refinance only owner-occupied residences. However, none of these efforts are a silver bullet that will undo the excesses of the past years, nor are they designed to bail out real estate speculators or those who committed fraud during the mortgage process. Don’t Dump Investors By Peter G.
www.realtytrac.com
- Tuesday, February 3, 2009
The Government Goes After Loan Officers
Miller One of the most galling aspects of the mortgage meltdown is the sense that folks who made bad loans also made big profits, profits which they get to keep while everyday wage earners and investors are bruised and battered by economic upheavals. Few mortgage loan officers or underwriters have been held responsible for mortgages that turned sour, in some measure because blame is often difficult to establish. The Government Goes After Loan Officers By Peter G. A lot of people are wondering: Do those who made toxic loans
www.realtytrac.com
- Tuesday, February 3, 2009
No Mortgage Meltdown For These Banks
No Mortgage Meltdown For These Banks By Peter G. Miller The news from Wall Street in recent weeks has not been good, especially in the world of mortgages. One result is that the mortgage meltdown is described in global terms, as if all lenders offered toxic loans during the past few years and the entire financial community is universally in trouble. Famous lenders with once-fabulous finances are turning up in the headlines among the broke and busted. The facts are different.
www.realtytrac.com
- Tuesday, February 3, 2009
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Bank-Owned Properties and REO Frequently Asked Questions - RealtyTrac
Bank-Owned Properties and REO (FAQ) Search Properties | Free 7-Day Trial What is an REO? REO is an acronym for real estate owned and is industry jargon for foreclosure property repossessed by banks or lenders. If a lender or bank is the highest bidder a foreclosure auction — or if no third party bids at the auction — the property reverts back to the lender and becomes an REO. REOs are owned by banks. Lenders go to great lengths to sell REOs.
www.realtytrac.com
- Tuesday, February 3, 2009
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For Sale - Commercial Foreclosure Properties, REO Properties and Bank-Owned Homes - RealtyTrac
Check out our NEW Features! Login Why Join? FREE Trial Feedback Help
www.realtytrac.com
- Tuesday, February 3, 2009
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Checklist for Buying a Bank-Owned REO Property - RealtyTrac
CHECKLIST: For Buying a Bank-Owned REO Property Search Properties | Free 7-Day Trial Are you a real estate investor or homebuyer looking to purchase a bank-owned property? With the number of bank-owned foreclosures rising nationwide, there has never been a better time to purchase real estate owned by banks. REO Buying Checklist: Inspect the Property, Do a Title Search, Negotiate Payments and Rates, Evaluate the Offer,
www.realtytrac.com
- Tuesday, February 3, 2009
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For Sale - REO Houses and Bank-Owned Properties - RealtyTrac
REO House and Properties For Sale Search Properties | Free 7-Day Trial Search nearly 650,000 Foreclosure and Bank-Owned properties. More than 1 million total properties including For Sale by Owner, New Construction, Resale, and Home Auctions! Your No.1 Source for REO Property Information If youre looking for Bank-Owned REO Properties, RealtyTrac has the answer for you. Locate your perfect REO property:
www.realtytrac.com
- Tuesday, February 3, 2009
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Michael Jackson Property in Default
On at least one other occasion this year, Michael simply missed payments on the $2 million mortgage. … that bought Jackson’s note earlier this year, the pop star put his parents’ abode in jeopardy by not making the required monthly payments." A property owned by Michael J. This is just another example that all types of property are susceptible to foreclosure, even multimillion dollar estates. Fox News is reporting that Michael Jackson has received a notice of pending foreclosure on a home he owns in Encino, Calif. — the home where his parents live. "The estate, worth
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Foreclosure Mortgage Loans - Estimating the Costs Involved - RealtyTrac
Foreclosure Mortgage Loans: Estimating the Costs Involved Search Properties | Free 7-Day Trial Search nearly 650,000 Foreclosure and Bank-Owned properties. More than 1 million total properties including REO, For Sale by Owner, and Home Auctions! In a buyer’s market... it can be tempting to jump at the great deals that seem to be popping up on every corner. However, realize that most of those bargain properties
www.realtytrac.com
- Tuesday, February 3, 2009
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How to Receive a Free Mortgage Loan Quote at RealtyTrac
How to Receive a Free Mortgage Loan Quote Search Properties | Free 7-Day Trial Search nearly 650,000 Foreclosure and Bank-Owned properties. More than 1 million total properties including REO, For Sale by Owner, and Home Auctions! Home financing is... a monumental decision that should not be taken lightly. Receive a Free Home Financing Quote But with all the options for mortgage loans available today, and
www.realtytrac.com
- Tuesday, February 3, 2009
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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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For Some, Mortgage Meltdown Means Opportunity
Cracks are appearing in the foundation of the housing market as shock waves — triggered by concern over a surge in bad subprime mortgages — jolted the stock market this week, sending the Dow Jones industrial average downward by more than 243 points, amid fears that a mortgage meltdown in the subprime lending sector could have broader economic implications. That's one home mortgage foreclosure filing for every 92 households. Warning signs already had begun to manifest themselves last year as the recent housing boom was starting to reverse. Although the trend started late
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Can "Appreciation Sharing" Solve The Mortgage Mess?
Can “Appreciation Sharing” Solve The Mortgage Mess? By Peter G. 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. But for those with toxic loans, a high-cost mortgage with sane terms is better than foreclosure, bankruptcy and having your stuff sitting on the curb. Equity Sharing During 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
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