Posts Tagged ‘Sheila’

Home foreclosures - Virginia Residential Project on Foreclosed Home List

Tuesday, September 1st, 2009

The Sunset Cay commercial and residential development project in Moneta, Virginia has been placed on the foreclosed home list. The property will be auctioned off on September 17. StellarOne foreclosed on the property after its developer, Smith Mountain Lake Partners, defaulted on a mortgage loan. The developer also filed for bankruptcy …
Source: www.foreclosurelistingsnationwide.com

Foreclosed Home Prevention Program Assessed by FDIC Chair
Approximately 40 percent of homeowners who obtained loan modifications under the Obama administration’s foreclosed home prevention program have been redefaulting, according to Sheila C. Bair, chairman of the Federal Deposit Insurance Corporation. She further explained that this is one of the reasons why lenders have not been stepping up their …
Source: www.foreclosurelistingsnationwide.com

Las Vegas (Foreclosure listings) Still Leads Commercial and Foreclosed Home List

Monday, August 31st, 2009

Las Vegas, Nevada is still the lead city in commercial and foreclosed home list. For the first six months of this year, Las Vegas’ foreclosure filings grew by almost 56 percent compared with the same period a year ago. Data showed that one out of 13 Las Vegas homeowners received a …
Source: www.foreclosurelistingsnationwide.com

New Jersey Program Helps Contain Foreclosure Listing
A New Jersey-run foreclosure mediation program has helped a great number of distressed homeowners avoid title=”Foreclosure Listing”>foreclosure listing. The Mortgage Foreclosure Mediation Program started in Middlesex County in 2008 and was adopted statewide early this year. As of end of June, the state-run mediation program has resolved 52 percent …
Source: www.foreclosurelistingsnationwide.com

Foreclosed Home Prevention Program Assessed by FDIC Chair
Approximately 40 percent of homeowners who obtained loan modifications under the Obama administration’s foreclosed home prevention program have been redefaulting, according to Sheila C. Bair, chairman of the Federal Deposit Insurance Corporation. She further explained that this is one of the reasons why lenders have not been stepping up their …
Source: www.foreclosurelistingsnationwide.com

CitiMortgage Boosts Foreclosed Prevention Efforts (Reo properties)

Sunday, August 30th, 2009

CitiMortgage, the mortgage unit of Citigroup Inc., has significantly increased its loan modification offers responding to Obama Administration’s call to intensify and speed up the process to help more troubled homeowners avoid foreclosures. According to the mortgage servicer, it was able to help 108,000 troubled borrowers avoid the foreclosure process in …
Source: www.foreclosurelistingsnationwide.com

Foreclosed Home Prevention Program Assessed by FDIC Chair
Approximately 40 percent of homeowners who obtained loan modifications under the Obama administration’s foreclosed home prevention program have been redefaulting, according to Sheila C. Bair, chairman of the Federal Deposit Insurance Corporation. She further explained that this is one of the reasons why lenders have not been stepping up their …
Source: www.foreclosurelistingsnationwide.com

Reo properties - Foreclosed Home Prevention Program Assessed by FDIC Chair

Friday, August 28th, 2009

Approximately 40 percent of homeowners who obtained loan modifications under the Obama administration’s foreclosed home prevention program have been redefaulting, according to Sheila C. Bair, chairman of the Federal Deposit Insurance Corporation. She further explained that this is one of the reasons why lenders have not been stepping up their … buying foreclosed homes

Some people would look at the current economic downturn with a grain of salt. It is true that the current recession is a far cry from the economic depression that occurred in the 1930s, with the level of poverty then unequaled even now. But the difference between recession and depression will … buying foreclosed homes

Foreclosure and the Economic Crisis Brings Pessimism to Homebuilders (Foreclosures)

Wednesday, February 18th, 2009

With fear of losing their homes from repossession, potential homebuyers hold their horses. This piles-up more newly-built homes, depressing the home construction industry.
Source: www.foreclosurelistingsnationwide.com

FDIC s Bair Readies Foreclosure Rescue Plan
Efforts by FDIC Chairman Sheila C. Bair to persuade President George Bush’s administration to help homeowners in danger of foreclosure are finally getting results. Bair’s loan modification plan is said to be nearing approval at the White House of Management and Budget.
Source: www.foreclosurelistingsnationwide.com

S KI RD, PHOENIX PRE-FORECLOSURES, MARICOPA - AZ
Location: Phoenix Pre-foreclosure, Maricopa - AZ, Address: S Ki Rd, Zipcode: 85044, Code: 24033871, Style: Not Available, Bed/Baths: - / -, Price: $137,500.00
Source: www.foreclosurelistings.com