Posts Tagged: "foreclosures"

Real Estate

Baltimore, MD Real Estate and Economic Update

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Baltimore’s housing market took a pretty big hit in the aftermath of the economic meltdown, but things have been improving steadily in the last few years. Today, home values are...

Real Estate

Average Home Sizes on the Rise & Other Recent News

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National mortgage company, American Financial Resources, recently published information on the the growing size of the typical American home. Pulling from statistics and reports from the U.S. Census Bureau and...

Mortgage

HOAs Turn the Tables and Foreclose on Banks

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Don’t get mad, get even! In the Sunshine State, which was hard hit by the 2008 mortgage crisis, many homeowners are taking that philosophy to heart. Considering that within the...

Mortgage

U.S. Mortgage Services to Pay 8.5 Billion

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The Federal Reserve and the Office of the Comptroller of the Currency, or OCC, determined in early January that 10 of the nation’s largest mortgage companies must pay big bucks...

Mortgage

Foreclosure Abuse Settlement Leads to Mortgage Modifications

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A substantial foreclosure abuse settlement has led to $26 billion in relief for beleaguered homeowners, according to a government report released on November 19th. Concluded in February, the settlement dealt...

Mortgage

Fewer Foreclosures Means Higher Home Prices

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If you’re searching for a good deal on a distressed property, time may be running out. According to a recent article from NBC News, foreclosure rates are trending down, which...

Real Estate

Foreclosure Watch – Which Regions are the Most Affected?

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On October 4th, CoreLogic published some good news regarding the state of the nation’s depressed home market. In August, according to CoreLogic’s analysts, 57,000 foreclosures were completed. This figure represents...

Real Estate

Foreclosure Numbers Update – Rate Dipped 2.9% in July

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The real estate information company, RealtyTrac publishes a monthly report of foreclosure activity in the US. Although the initial findings are disturbing, the overall report shows that foreclosures across the...

Mortgage

HUD Selling Off Severely Distressed Mortgages

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The U.S. Department of Housing and Urban Development (HUD) recently announced that investors can now apply to purchase pools of severely distressed mortgages that were previously insured by the FHA....

Mortgage

The Principal Deduction Debate

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Those that support mortgage prime deduction strongly believe it will counteract the housing crisis. Those opposed view it as one more handout that the nation’s already burdened taxpayers will be...

Mortgage

Las Vegas Real Estate Market Report Update

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Five years since a major foreclosure crisis struck “Sin City,” the things are finally starting to look up. For the first time since 2007, short sales in Las Vegas are...

Mortgage

U.S. foreclosure activity increased 9 percent in May

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U.S. foreclosure activity increased 9 percent in May, according to the most recent data from RealtyTrac®, an online real estate resource. RealtyTrac® released its U.S. Foreclosure Market Report™ for May...