7 Articles match "New York","Properties","Publication"

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• New York Foreclosure Laws
  
  New York Foreclosure Laws New York foreclosures are handled either in court or out of court, although court foreclosures are more common. 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
  www.realtytrac.com - Tuesday, February 3, 2009
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• U.S. Foreclosure Laws
  
  Knowing the process in your state will help you adopt a more effective investing strategy and avoid procedural pitfalls. State Foreclosure Laws Quickly locate and review the foreclosure law specific to your state � or any state you�re considering investing in. Select A State Alabama Alaska Arizona Arkansas California Colorado Connecticut
  www.realtytrac.com - Tuesday, February 3, 2009
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• FBI: Mortgage Fraud Begets 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. The FBI also lists Arizona, Colorado, Maryland, Minnesota, Missouri, Nevada, North Carolina, Tennessee, and Virginia as other areas significantly affected by mortgage fraud. The report identifies the most common scam as “illegal property flipping.” 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.”
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Bank-Repossession Beat Continues in March
  
  And for the second month in a row, the number of bank repossessions, or REOs, was up more than 100 percent year over year. The implication: while significantly more homeowners are falling into foreclosure, there is an even bigger increase in the number of homeowners already in the process who are losing their homes to foreclosure — whether through the typical foreclosure sale mechanism or whether by pre-empting the public foreclosure sale through what is called a deed in lieu of foreclosure. In the latter case, the homeowner offers to convey ownership of the property to the foreclosing
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Rate Cut, Real GDP Are Some Positive News
  
  One day after President Bush pointed the finger at Congress and told the American public to blame lawmakers for all of their recent financial woes, an inkling of actual positive news came out of Washington Wednesday with two announcements from government agencies. economy — no matter how slight it is — the New York Times is reporting that the current situation does not fit into the classic definition of a recession, which is a "significant decline in economic activity spread acorss the economy, lasting more than a few months." In the first, and the more closely watched of the two, the Federal Reserve took a much anticipated move to lessen the pressure on the nation’s economy by lowering the federal funds rate another 25 basis points to 2 percent (that’s a long way down from the 5.25
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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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. See: From the New Deal, a Way Out of a Mess, The New York Times, Feb. Don’t Dump Investors By Peter G. Miller    When it comes to bailing out giant banks, huge companies and massive stock
  www.realtytrac.com - Tuesday, February 3, 2009
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• No Mortgage Meltdown For These Banks
  
  not far from Manhattan, Hudson City Bancorp has a lending philosophy that dates back decades: You can get a dull, boring, mortgage from Hudson at a very low rate — but only if you put equity into the property. Hudson has deposits of $49 billion, a network of 125 branches in New Jersey, New York and Connecticut and just 1,350 employees — a fraction of the workforce one would find with banks of similar size. No Mortgage Meltdown For These Banks By Peter G. Miller     The news from Wall Street in recent weeks has
  www.realtytrac.com - Tuesday, February 3, 2009
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