33 Articles match "Press","Report"

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Recession eases; GDP dip smaller than expected
Recession eases; GDP dip smaller than expected July 31, 2009, Associated Press WASHINGTON – The economy sank at a pace of just 1 percent in the second quarter of the year, a new government report shows. It was a better-than-expected showing that...( read more ) ...Tags: Tags: FHA unemployment defaults
Foreclosure Pulse - Friday, July 31, 2009
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Avoiding, Stopping Foreclosures Information, Helpful Resources, Stop Home Foreclosure - RealtyTrac
Heres some of the latest news articles written about attempts to either avoid or stop foreclosure in its tracks: Helpful Resources: (links will open in a separate window) • Real Estate Agents Spread the Word on Avoiding Foreclosures • Consumer Group Proposes Moratorium on Foreclosures • Treasurer creates task force to combat county foreclosures • State officials, lenders meet on foreclosures • HUD Stresses Promotion and Protection at California Homeownership
www.realtytrac.com - Tuesday, February 3, 2009
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Deed in Lieu of Foreclosure - a Way Out of Foreclosure - RealtyTrac
For all the talk about working things out with your lender when you’re in a financially distressed situation and afraid that you might lose your home to foreclosure, there is a time when the realization sets in that you just can’t dig your way out of debt. Some Options are Better Than Others Some — like going through the entire foreclosure process —will leave a black mark on your credit report for probably 10 years. 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
www.realtytrac.com - Tuesday, February 3, 2009
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  • Recession eases; GDP dip smaller than expected
    Recession eases; GDP dip smaller than expected July 31, 2009, Associated Press WASHINGTON – The economy sank at a pace of just 1 percent in the second quarter of the year, a new government report shows. It was a better-than-expected showing that...( read more ) ...Tags: Tags: FHA unemployment defaults
    Foreclosure Pulse - Friday, July 31, 2009
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  • Foreclosures Inch Higher in May
    The data show nationwide foreclosures inching up 2 percent from the previous month and 28 percent from May 2005. “Our May numbers echo the recent report by the Mortgage Bankers Association, which noted that delinquency and default activities were lower in the first quarter of 2006,” commented James J. While our report confirms that the number of properties entering foreclosure is still significantly higher than it was during the same period of 2005, we’ve now seen two months of decreasing foreclosure rates followed by May numbers that were essentially flat. RealtyTrac just released state and national foreclosure statistics for the month of May .
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Screech from "Saved by the Bell" in Foreclosure
    The Associated Press is reporting that actor Dustin Diamond from televisions "Saved by the Bell" is selling T-shirts to help bail his home out of foreclosure. "Diamond, 29, is trying to sell nearly 30,000 shirts – at $15 or $20 (autographed) each – to supplement the income he makes as a standup comic so he doesn’t have to move from his Port Washington home, about 25 miles north of Milwaukee." This is different from your typical foreclosur e because it doesnt involve a lender foreclosing on a defaulted loan; it involves a landowner foreclosing on a land contract, according to the Milwaukee Journal-Sentinel .
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • May Home Prices Down 4.8 Percent
    Home prices were down again in May, but a few regions of the country experienced a ever-slight uptick in prices from the previous month, giving officials at the Office of Federal Housing Enterprise Oversight (OFHEO) a chance to be cautiously optimistic in the press release announcing the numbers. "It Nationwide, the OFHEO report showed home prices in May were down 0.3 quot;It is very hard to draw conclusions from a one-month number, especially in these uncertain times; but the numbers in the Pacific, East and West North Central Divisions may be good signs," said OFHEO Director James B.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Deed in Lieu of Foreclosure - a Way Out of Foreclosure - RealtyTrac
    For all the talk about working things out with your lender when you’re in a financially distressed situation and afraid that you might lose your home to foreclosure, there is a time when the realization sets in that you just can’t dig your way out of debt. Some Options are Better Than Others Some — like going through the entire foreclosure process —will leave a black mark on your credit report for probably 10 years. 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
    www.realtytrac.com - Tuesday, February 3, 2009
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  • March Goes Out Like a Lamb
    Foreclosure Report, which was issued earlier today. See the full report on the RealtyTrac website at http://www.realtytrac.com/news/press/pressRelease.asp?PressReleaseID=100 A glimmer of hope or the calm before the storm? Whichever way you choose to view it, the good news is that the national foreclosure rate dropped by 13% in March, according to the RealtyTrac U.S.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Negative Savings Rate Portends More Defaults
    A Commerce Department report released last week confirmed that Americans are continuing to spend more than they make, setting the stage for more increases in foreclosure activity in 2007. The Personal Income and Outlays report pegged the countrys personal savings rate at negative 1 percent in 2006, lower than the negative 0.4 Not since the Great Depression has the personal savings percent in 2005. While this negative savings rate may be helping to sustain the country’s growing economy in the short term by infusing the economy with cash, it could also be draining the rainy day
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Top 10 Metro Foreclosure Rates
    Las Vegas -- 0.71% For the full list and more details, view the press release for this report . RealtyTrac today released its first ever U.S. Metropolitan ForeclosureMarket Repor t, which ranks the nations 100 largest metro areas byforeclosure rate in the first quarter of 2006. Here are the 10 metroareas with the highest foreclosure rates, along with the percentage ofhouseholds in foreclosure for each area: 1.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Whitney Houston: Diva in Default
    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. Houston’spublicist told a local newspaper that the property is not in foreclosure andlater was not available for comment to the Associated Press. 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 . A
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Ed McMahon Fighting Foreclosure
    Ed McMahon, who for decades appeared as Johnny Carson’s sidekick on “The Tonight Show,” is the latest casualty of an ever-growing foreclosure crisis that is gripping the nation. Yesterday, the Wall Street Journal reported that McMahon was $644,000 in arrears on a $4.8 The Hollywood dream home has six bedrooms, five bathrooms and is located on a hilltop and is part of a gated community called “ The Summit ,” according to the Associated Press . million loan for a home in Beverly Hills, California. The 85-year old McMahon fell and broke his neck
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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