Posts Tagged ‘report’

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 [...]

Big Banks Slack on Maintaining Foreclosed Homes in Minority Areas, Complaint Charges

ProPublica Staff Washington, DC, United States (ProPublica) – by Cora Currier Wells Fargo and U.S. Bank have let foreclosed homes in black and Latino neighborhoods lapse into disrepair, while bank-owned homes in mainly white neighborhoods are better cared-for, according to housing advocates. The National Fair Housing Alliance, a non-profit group, brought a formal complaint to [...]

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 [...]

Debt crisis makes Mafia Italy’s biggest bank

Diane Alter – AHN News Reporter Rome, Italy (AHN) – Italy’s banking system has a new “boss.” Thanks to the country’s ballooning debt crisis, the Mafia is Italy’s biggest “bank,” according to a study by Confesercenti. The country’s four mafia groups have expanded from their storied strongholds in the sun-baked “Mezzogiomo” south of Rome, and [...]

House to vote on tougher sanctions against Iran for nuclear program

Tom Ramstack – AHN News Legal Correspondent Washington, DC, United States (AHN) – The House of Representatives plans to vote on two bills as soon as Tuesday to increase economic sanctions against Iran for what U.S. lawmakers say is Iran’s program to develop nuclear weapons. The bills would freeze U.S. assets of countries or companies [...]

Debt woes come back to haunt Dubai

The Media Line Staff Dubai, United Arab Emirates David Rosenberg (The Medi – More than two years after one of its showcase companies announced a “standstill” on its loan repayments, signaling the end of a real estate-fueled boom, a mountain of debt continues to cast a long shadow over Dubai’s economy. Moody’s Investors Service brought [...]

Dow holds strong gains Wednesday after Fed move

Diane Alter – AHN News Reporter New York, NY, United States (AHN) – U.S. stocks were enjoying an early “Santa Claus rally” Wednesday sparked by a move from the Fed and global central banks to add liquidity to markets. With an hour left in the trading day, the Dow Jones Industrial Average soared 385 points, [...]

Mideast faces shortfall of affordable homes

The Media Line Staff Cairo, Egypt David Rosenberg – The Middle East and North Africa (MENA) faces a shortfall of some 3.6 million units of affordable housing over the next five years unless the region’s governments and property developers make a combined effort to solve the problem, warns a report by the global real estate [...]

Applying for a Loan?–Start by Ordering Your Credit Report

If you are considering applying for a loan, ordering a copy of your credit report may well be the best place to start. Why? Because it’s also the first thing a potential creditor will be looking at, and even if you pay your bills on time, you will want to ensure that all the information [...]

Bad Credit Loan – Loans To Repair Defective Credit Status With Loans

If you are consulting lenders for loans, first question would arise regarding your credit status, but not in case of a bad credit loan. Lenders providing such loans offer loans what borrowers help mending deformed credit score.

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