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77 Articles match "Most","State"

The Latest from RealtyTrac MORE
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. Most investors who bought these securities,” says the SEC, “lacked the cash or income to do so, but were urged by their brokers to raise the money to pay for the purchases and the monthly payments required for these products by refinancing their fixed-rate mortgages into subprime adjustable-rate negative
www.realtytrac.com - Tuesday, February 3, 2009
READ MORE
How Much for Those Lender Assets in the Window?
This is a huge issue because at the end of 2007 the United States had residential mortgages worth $10.5 If most of this debt is good then perhaps $700 billion will be sufficient to re-start the market, especially if Uncle Sam can get some discounts. How Much for Those Lender Assets in the Window? By Peter G. Miller    Long ago there was a song which asked the magic question, how much for that doggie in the window?
www.realtytrac.com - Tuesday, February 3, 2009
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Option ARM Borrowers Running Out Of Time
According to Fitch "the potential average payment increase on this recasting population is 63 percent, representing on average an additional $1,053 due each month on top of the current average payment of $1,672." You dont have to be a math major to figure out what will happen next: Huge numbers of option ARMs will fail in the next 24 to 30 months with results that will be devastating to borrowers, loan portfolios and local home values. How They Work Formally known as "payment option adjustable rate mortgages," option ARMs are the most complex residential loan products ever offered.
www.realtytrac.com - Tuesday, February 3, 2009
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  • The Best from RealtyTrac MORE
  • America's Most Expensive Foreclosure?
    Mention the word “foreclosure” and most homebuyers and investors conjure up images of run-down and dilapidated properties located in undesirable neighborhoods. But now some of the most opulent estates are increasingly becoming available for savvy investors and homebuyers as a growing number of well-healed homeowners are defaulting on their mortgage payments and property taxes. Forty million dollars, however, doesn’t Consider Veronica Hearst’s Manalapan mansion. If opulence and grandeur is what you desire, then you might consider buying Hearst’s former Manalapan estate.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE
  • 5 States = 55% of July Foreclosure Pie
    California reported the most foreclosure filings of any state, with 39,013. The states foreclosure activity was actually down a half a percent from the previous month but still up 289 percent from July 2006. Florida foreclosure activity in July decreased almost 9 percent from the previous month, but the state still reported the second most foreclosure filings and a foreclosure rate of one foreclosure filing for every 431 households — the nations seventh highest state foreclosure rate. California, Florida, Michigan, Ohio and Georgia together accounted for 55 percent of all U.S.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Obtaining a Foreclosure List
    The only way you can grab the best foreclosure properties is by simply by utilizing the most important tool in the foreclosure business – foreclosure listings. The best foreclosure lists are compiled by the most reliable list providers. You can even find free foreclosure listings being offered by local state government on the Internet. Obtaining a Foreclosure List Search Properties | Free 7-Day Trial Obtaining an up-to-date foreclosure list thats reliable can now be done fast and easy with internet access. A
    www.realtytrac.com - Tuesday, February 3, 2009
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  • New York Foreclosure Laws
    New York foreclosures can take up to 15 months, which is longer than most other states. Compare All State Foreclosure Laws New York Overview Judicial Non-Judicial Process Period Sale Publication Redemption Period Sale/NTS Yes No 445 Days NA None Court Comments: Judicial Foreclosures
    www.realtytrac.com - Tuesday, February 3, 2009
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  • North Carolina Foreclosure Laws
    North Carolina Foreclosure Laws Both court and out-of-court foreclosures occur in North Carolina. Compare All State Foreclosure Laws North Carolina Overview Judicial Non-Judicial Process Period Sale Publication Redemption Period Sale/NTS Yes Yes 110 Days 25 Days None Sheriff
    www.realtytrac.com - Tuesday, February 3, 2009
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  • New Mexico Foreclosure Laws
    The typical foreclosure process lasts about six months. Compare All State Foreclosure Laws New Mexico Overview Judicial Non-Judicial Process Period Sale Publication Redemption Period Sale/NTS Yes No 180 Days NA 30-270 Days Court Comments: Judicial Foreclosures only
    www.realtytrac.com - Tuesday, February 3, 2009
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  • Foreclosures Don't Back Down in September
    Colorado, Nevada and Michigan posted the highest state foreclosure rates, and California reported the most foreclosure activity of any state in terms of sheer numbers. The foreclosure process varies from state to state, so a local lawyer who specializes in real estate could probably give you the best advice. To get an overview of how the foreclosure process works in your Foreclosure activity in September didn’t back down much from the jump reported in the previous month, RealtyTrac reported today. RealtyTrac’s monthly foreclosure report shows 112,210 properties
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Priced to Foreclose
    The OFHEO report ranks the 50 states and the District of Columbia basedon year-over-year home price appreciation. Many of the states near thebottom of that list -- namely Michigan, Ohio, Indiana, Colorado, Texas and Georgia -- also appeared among the top 10 on RealtyTracs list of state foreclosure rates in the first quarter. While these states show that sluggish home price appreciation andabove-average foreclosure rates are certainly linked in many A new report shows a strong correlation between slow home priceappreciation and high foreclosure rates, although its clear thecorrelation does not involve a direct cause-and-effect relationship.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Michigan Goes Hollywood to Help Homeowners
    Rather, it’s more of a “reality” television show. The State of Michigan is hitting the airwaves with a cable television show of its own called “House Michigan” aimed at promoting homeownership and everything that entails. Since January 2006 Michigan has ranked in RealtyTrac’s top 10 states with the greatest foreclosure activity in the nation, most of that time maintaining a position in the top five. Lights! Camera!
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Foreclosures Up Across the Board in November
    With one new foreclosure filing for every 346 households Nevada moved past Colorado to claim the top state foreclosure rate. California reported more than 19,000 new foreclosure filings, the most of any state for the second month in a row. Foreclosures hit their highest level of the year so far in November, with 120,334 new foreclosure filings reported nationwide during the month, according to the RealtyTrac U.S. Foreclosure Market Report released last week.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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