Posts Tagged ‘Foreclosure’

Realty Trac: foreclosures dropped to lowest level since 2007

Linda Young – Fourth Estate Cooperative Writer Irvine, CA, United States (4E) – The number of foreclosure filings nationwide dropped in April to its lowest level since July 2007, although foreclosure activity actually increased in some areas of the country. RealtyTrac, the leading online marketplace for foreclosure properties, released its April report on foreclosure filings [...]

Short sales up in housing market

Diane Alter – AHN News Reporter New York City, NY, United States (AHN) – Short sales out paced foreclosures in 12 states in January, market research form Realty Trac reported Friday. The increase highlights that more homeowners are finding an easier way out of a distressed home loans with short sales, and that more lenders [...]

Short sales up in housing market

Diane Alter – AHN News Reporter New York City, NY, United States (AHN) – Short sales out paced foreclosures in 12 states in January, market research form Realty Trac reported Friday. The increase highlights that more homeowners are finding an easier way out of a distressed home loans with short sales, and that more lenders [...]

Foreclosures make up 24 percent of sold homes

Diane Alter – AHN News Reporter New York, NY, United States (AHN) – Homes in some stage of foreclosure accounted for nearly one in four home sales in the fourth quarter of 2011, according to a report released Thursday by RealtyTrac. During the three month period that ended Dec. 31, homes that were either bank [...]

Mortgage payments show rise in delinquencies

Diane Alter – AHN News Reporter New York, NY, United States (AHN) – More homeowners are having a hard time making their mortgage payments. According to credit reporting agency TransUnion, the rate at which mortgage holders were late with their payments by 60 days or more rose in the June-to-September period for the first time [...]

Nevada Wallops Bank of America With Sweeping Suit; Nation-wide Foreclosure Settlement in Peril

ProPublica Staff Carson City, NV, United States (ProPublica) – by Paul Kiel This post has been updated to reflect Bank of America’s response. The state of Nevada dramatically expanded its lawsuit against Bank of America today, turning the narrow case it filed late last year into a broadside that targets virtually all aspects of the [...]

Foreclosures: End of ‘dual track’ to help owners

It’s a common frustration voiced by struggling homeowners: They apply for a loan modification and at the same time their bank continues the steps for a foreclosure. Sometimes, while they wait for a decision or make… View full post on Business Stories

Federal Government Takes Steps to Prevent Another Mortgage Crisis

Delinquent reverse mortgage holders have new options to catch up on payments. It seems impossible for a home that’s nearly paid off to fall into foreclosure, but it’s happening across the country. Facing hard times, more and more seniors are taking out reverse mortgages. A reverse mortgage is a different type of loan that allows [...]

8 Reasons To Buy a Home Now

If you’ve been straddling the fence about buying a home, you could be kicking yourself when this unique window of opportunity closes. Never in history have the cards beens stacked for the buyer as they are now. Here are eight reasons that will convince you that NOW is the right time to stop renting and [...]

Alternatives to Foreclosure: What Homeowners Need to Know

If like thousands of other homeowners in America, you’re at risk for losing your home, you need to educate yourself about what options there are to help you avoid foreclosure. To learn about ways to keep your home, read on… Speak with a Housing Counselor from HUD Certified, HUD-approved counseling agencies are located throughout the [...]

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