Foreclosure Listings

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Source: feeds.foreclosurepulse.com

U.S. Foreclosures to Reach 3.9 Million in Second Record Year
U.S. Foreclosures to Reach 3.9 Million in Second Record Year Bloomberg Foreclosure filings in the U.S. will reach a record for the second consecutive year with 3.9 million notices sent to homeowners in default, RealtyTrac Inc. said. This year’s…(read more)

Source: feeds.foreclosurepulse.com

Foreclosure Protections for All New Yorkers
Foreclosure Protections for All New Yorkers November 30, New York Times Last year, a new law was put into place in New York to help protect subprime mortgage borrowers from foreclosure. Now the state is on the verge of extending similar protections to…(read more)

Source: feeds.foreclosurepulse.com

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Source: www.foreclosurepulse.com

Half of Mortgage Borrowers Will Be ‘Underwater’
July Unemployment Rate Drops USA TODAY Employers throttled back on layoffs in July, cutting just 247,000 jobs, fewest in a year, and the unemployment rate dipped to 9.4%. It was a better-than-expected showing that offered a strong signal that the recession…(read more)
Source: www.foreclosurepulse.com

$75 Billion Carrot, but Few Nibbles
$75 Billion Carrot, but Few Nibbles The New York Times In March, the Obama administration began an antiforeclosure effort that offers lenders up to $75 billion in incentives to modify troubled mortgages. If that sounds like a lot of money, it is. But…(read more)
Source: www.foreclosurepulse.com

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America Needs a Single Bank Regulator Financial Times In recent weeks our financial markets have shown signs of recovery thanks to unprecedented action to stabilize markets and stimulate the economy. Yet this crisis has many distressing qualities. Perhaps…(read more) short sale

U.S. foreclosure activity hit another record high in July, with 360,149 properties receiving a foreclosure filing during the month, according to the RealtyTrac U.S. Foreclosure Market Report released today. Laws extending the foreclosure process had some…(read more) short sale

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Source: www.foreclosurepulse.com

Cleaning Up Homes in Foreclosure Listings
Property preservationists are people who saw business opportunity from the thousands of abandoned and vacant bank foreclosed homes. They are hired by banks to clean up homes on their foreclosure listings. Property preservationists are busy workers these days because of the growing number of homeowners in central Florida who defaulted on …
Source: www.foreclosurelistingsnationwide.com

Half of Mortgage Borrowers Will Be ‘Underwater’
July Unemployment Rate Drops USA TODAY Employers throttled back on layoffs in July, cutting just 247,000 jobs, fewest in a year, and the unemployment rate dipped to 9.4%. It was a better-than-expected showing that offered a strong signal that the recession…(read more)
Source: www.foreclosurepulse.com

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Source: www.foreclosurepulse.com

America Needs a Single Bank Regulator
America Needs a Single Bank Regulator Financial Times In recent weeks our financial markets have shown signs of recovery thanks to unprecedented action to stabilize markets and stimulate the economy. Yet this crisis has many distressing qualities. Perhaps…(read more)
Source: www.foreclosurepulse.com