Lenders seek court actions against homeowners years after foreclosure – It might be, but it’s not going to make or break the companies. bankruptcy. Foreclosure fatigue’ In 2011, an attempt was made to pass a one-year nationwide cap on deficiency judgments, but it died.
RealtyTrac Foreclosure Warning: A Solution! – "The final numbers for 2008 were even worse than we’d anticipated," says Rick Sharga of RealtyTrac, which saw an 81 percent increase in the number of households in foreclosure last year. And December’s final tally almost set a new record, despite foreclosure prevention efforts at the state and national level.
REITs earn spotlight in the new year REITs Could Go Even Higher – To most outside observers, the nosebleed highs of REIT performance is starting to make them queasy. hasn’t happened this time around. Seven years of GDP growth without a lot of new building has led.
Foreclosure Rates: 2010 Record 2.9 Million: Arizona, Florida. – In 2010, 2.9 million properties received foreclosure filings — an increase of 2 percent from 2009 and 23 percent from 2008, according to data from the website RealtryTrac. The figures would have.
Monday Morning Cup of Coffee: Goldman Sachs economist predicts greater housing gains United Wholesale Mortgage to offer Freddie Mac 97% LTV loans Fannie Mae 97 Ltv – FHA Lenders Near Me – mortgage guarantor giants Fannie Mae and Freddie Mac both recently announced their intent to once again begin purchasing mortgage loans at 97 percent loan-to-value (LTV) in the case of first-time home. renovation loan Mortgage loanDepot Wholesale’s Renovation Lending Suite offers a full. by a lender who has a choice in the secondary.House prices fall for first time in six months due to shortage of buyers – The result is that only the wealthy, the well-paid and people with generous parents can afford to get on to the housing. the future economic outlook continues to limit the pool of buyers to those.
Third-Quarter Rise in Foreclosure Filings Is Just the Start. – RealtyTrac says foreclosure filings were reported on 610,337 properties in the third quarter of this year. That translates to one in every 213 homes with a filing during the three-month period.
US banks ‘foreclosed on record 1m homes in 2010’ – Banks repossessed a record. the nation’s foreclosures occurred in Arizona, California, Florida, Illinois and Michigan. RealtyTrac said 2.9 million US households were subject to a foreclosure filing.
Foreclosure Backlog Begins to Break: RealtyTrac – TheStreet – Foreclosure Backlog Begins to Break: RealtyTrac. Foreclosures were up last month as banks began to break free of judicial roadblocks. NEW YORK ( TheStreet) — foreclosure activity increased 7% in August, according to RealtyTrac, a group that monitors the market.
Why the Drop in Foreclosures is Not Good News – It sounds like good news: Foreclosure. 2011, according to a report by RealtyTrac. But U.S. homeowners just can’t catch a break. The decline isn’t due to a recovering real-estate market, but rather.
Where zombie foreclosures are making a comeback – New Jersey, New York and California saw a resurgence in zombie foreclosures over the past year. the public record data that we’re collecting is an indication that the banks are finally moving.
Timeline of the United States housing bubble – Wikipedia – Year-end: A total of 1,887,777 properties received foreclosure notices during the year, down 34 percent from last year. 1.45 percent of all households were in some stage of foreclosure during 2011, compared to 2.23 percent in 2010. .
Treasury report advocates slashing GSE jumbo loan ceiling No easy fixes for Australia’s budget emergency – The man who used to be opposition leader, Tony Abbott, was right: Australia has a "budget emergency". By 2023. Grattan Institute’s new report, Balancing budgets: tough choices we need, shows how it.
First half foreclosures break records – Jul. 16, 2009 – And, in a bad sign for a housing recovery, there was no recorded improvement in June, the last month of the cycle. More than 336,000 homes reported foreclosure filings, the fourth straight 300,000-plus month. Filings were up 33% over last June and nearly 5% compared with May.
2010 foreclosures still on record-breaking track – wsj.com – 2010 foreclosures still on record-breaking track. but won’t be enough to prevent 2010 foreclosure filings from topping last year’s peak. "We will break records this year," says Rick Sharga of.