Posts Tagged ‘Loan Modification’

RealtyTrac and Keystone Asset Management Strike (Reo properties) Partnership

Sunday, February 28th, 2010

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foreclosed homes

A Look at Case-Shiller, by Metro Area February 23, 2010, Wall Street Journal The S&P/Case-Shiller 20-city home-price index, a closely watched gauge of U.S. home prices, was mostly flat in December from a month earlier. The index declined 3.1% from…(read more)

foreclosed homes

New Wave of Foreclosures by End of 2010 is Feared February16, 2010, Los Angeles Times About 4 million U.S. homeowners are 90 days or more delinquent on their loans or in foreclosure proceedings, Moody’s Economy.com says. A federal loan modification…(read more)

foreclosed homes

Foreclosure listings - No Car, No Foreclosure?

Thursday, February 25th, 2010

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Source: feeds.foreclosurepulse.com

New Wave of Foreclosures by End of 2010 is Feared
New Wave of Foreclosures by End of 2010 is Feared February16, 2010, Los Angeles Times About 4 million U.S. homeowners are 90 days or more delinquent on their loans or in foreclosure proceedings, Moody’s Economy.com says. A federal loan modification…(read more)


Source: feeds.foreclosurepulse.com

Real estate - Treasury Weighs Fixes to Foreclosures Program

Sunday, January 24th, 2010

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buying foreclosed homes

Here’s relevant news for January 18, 2010. Treasury Dept. says loan modification picture is improved Jan. 16, 2010, Los Angeles Times After a month of intense pressure on banks and other mortgage servicers, the Obama administration on Friday reported…(read more)

buying foreclosed homes

FHA Raises Down Payments, Premiums Amid Mortgage Delinquencies Jan. 20, 2010, Bloomberg News The Federal Housing Administration is raising insurance rates and tightening credit-score rules to combat a rise in delinquencies, making a government-guaranteed…(read more)

buying foreclosed homes

Record Foreclosure Activity in 2009 Could Have (Foreclosure) Been Worse

Saturday, January 23rd, 2010

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short sale foreclosure

Here’s relevant news for January 18, 2010. Treasury Dept. says loan modification picture is improved Jan. 16, 2010, Los Angeles Times After a month of intense pressure on banks and other mortgage servicers, the Obama administration on Friday reported…(read more)

short sale foreclosure

Modification Help Trim Down Foreclosure Home Listing (Foreclosure listings)

Sunday, November 8th, 2009

It seems that loan modification is turning out to be a popular method of curtailing foreclosure home listing in Saint Louis, Missouri. Recent market data showed that so far, about 5,000 residential homes have been foreclosed by mortgage lenders and banks in 2009. However, a significant number of borrowers were … hud foreclosures

Great home buying opportunities exist in foreclosure home listing in Minnesota as home prices continue to fall throughout the state. In addition to a greatly improved home affordability, the unemployment rate in Minnesota is also improving, giving better profit and employment prospects for investors and home buyers. In September, the state unemployment … hud foreclosures

The foreclosures process is the way by which the lender can either sell or buy back (repossess) a defaulted property. Repossessed properties can either be bank owned or they can be government owned. Bank owned properties are easily located by the thousands on the Internet. However, every bank handles real estate … hud foreclosures