22 Articles match "Mortgage","September"

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• Delinquencies, Foreclosures Soared in September
  
  Delinquencies, Foreclosures Soared in September November 9, 2009, United Press International Today one out of every eight American homeowners with a mortgage (12.5 percent) is either in foreclosure or delinquent in their payments. Record high rates of...( read more ) ...Tags:
  Foreclosure Pulse - Tuesday, November 10, 2009
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• Mortgage Reform to Calm Foreclosure Storm
  
  In an attempt to address the recent downturn in the real estate market — evidenced by rising foreclosures and falling home prices and which many believe may threaten to undermine the overall economy — the House of Representatives yesterday passed a bill that imposes more stringent regulatory oversight of the mortgage industry. Called The Mortgage Reform and Anti-Predatory Lending Act of 2007, the bill ( H.R. 3915 ) claims to "amend the Truth in Lending Act to reform consumer mortgage practices and provide accountability for such practices, to establish licensing and registration requirements for residential mortgage originators, to provide certain minimum standards for consumer mortgage loans, and for other purposes."
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• 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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• The Curious Case of Fannie Mae & Freddie Mac
  
  million mortgages at the end of September. million were prime mortgages while 5.1 The latest report shows that Fannie and Freddie owned 30.5 Of those loans, 25.4 million were subprime financin
  RealtyTrac Article Library - Monday, December 22, 2008
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• The Curious Case of Fannie Mae & Freddie Mac
  
  million mortgages at the end of September. million were prime mortgages while 5.1 The latest report shows that Fannie and Freddie owned 30.5 Of those loans, 25.4 million were subprime financin
  RealtyTrac Article Library - Monday, December 22, 2008
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• Toni Braxton Fighting Foreclosure
  
  Public records show that Braxton stopped paying her mortgage on September 23, 2009. Attention music fans! The bloggers at TMZ have revealed that singer Toni Braxton’s Century City condo is in foreclosure. Last year, the Grammy-award winning singer...(
  Foreclosure Pulse - Friday, October 16, 2009
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• Another Wave of Foreclosures Looms
  
  Another Wave of Foreclosures Looms Washington Post, September 9, 2009 The housing market faces the prospect of a new round of foreclosures as hundreds of thousands of risky home loans known as option adjustable-rate mortgages reset to significantly higher...( read more ) ...Tags: Tags: Foreclosure Trends foreclosures foreclosure wav
  Foreclosure Pulse - Wednesday, September 9, 2009
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• MBA Numbers Mirror RealtyTrac Data:
  
  The number of delinquent mortgage payments and foreclosures jumped in recent months, according to a new survey released today by the Mortgage Bankers Association . The MBA’s quarterly report — surveying more than 42 million mortgages nationwide — found that the rate of delinquencies and foreclosures rose to 4.7 percent from July through September. Among subprime borrowers, the rate of delinquencies and foreclosures were much higher, rising to 12.6 percent in the third quarter.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Will Homeowners Sink or Swim?
  
  But as the rising tide of mortgage debt grows, many of those homeowners will unfortunately sink, drowning in foreclosure red ink. For the thousands of homeowners who jumped into turbulent housing waters via these easy-to-qualify-for loans, they are now succumbing to a riptide of bad news. RealtyTrac™ ( www.realtytrac.com ), the leading online marketplace for foreclosure properties, released its September 2006 U.S. Many American homeowners — initially attracted to low teaser rates on those “exotic” ARMs and sub-prime loans — now find themselves swimming upstream in a desperate attempt to remain financially afloat.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• New Illinois Housing Law Draws 2nd Suit
  
  Two law suits have been filed against a controversial Illinois law that mandates financial counseling for certain consumers obtaining mortgages or refinancing loans in 10 ZIP code areas in Chicago. The suits — filed by eight consumers and the real estate community — seek to halt the implementation of Illinois House Bill 4050, which took effect September 1. "It's a discriminatory law," said Julie Santos, a Chicago Realtor and co-chair of the Coalition to Rescind HB 4050, a group formed from several community organizations who are collecting signatures in an attempt to repeal
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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