Foreclosure News Articles

Reviewing of Foreclosures Will Take Much Longer than Previously Estimated

January 27, 2012 · Leave a Comment 

Photo by Wiertz Sébastien Review of foreclosure cases as ordered by the regulators in 2011 will take many months longer than previously estimated according to documents submitted with the banking regulators of the feds. These delays will also cause postponement of compensation for those house owners who have been harmed by wrong foreclosure operations. The reviews are covering the foreclosure activities undertaken during 2009 and also 2010 by 14 of America’s biggest servicers; the latter deals with nearly 65% of all the mortgages of the country. As per orders given last April by federal regulators... [Read the full story]

Foreclosure Web News

Bank of America demands borrower silence in exchange for loan modification

January 28, 2012 · Leave a Comment 

Bank of America is continuing to be remarkably thin-skinned. Of course, when experiences like Kaili Joy Gray’s go public , they look really bad. Read the full story  Read More →

Latest Mortgage Headlines

MBS RECAP: 1/27/2012

January 27, 2012 · Leave a Comment 

Posted To: MBS CommentaryMBS Live : MBS RECAP Open MBS Live Dashboard FNMA 3.5 103-22 : +0-06 FNMA 4.0 105-19 : +0-04 FNMA 4.5 106-25 : +0-01 FNMA 5.0 107-30 : -0-02 GNMA 3.5 105-03 : +0-04 GNMA 4.0 107-23 : +0-02 GNMA 4.5 109-07 : -0-02 GNMA 5.0 110-24 : -0-08 FHLMC 3.5 103-16 : +0-06 FHLMC 4.0 105-11 : +0-03 FHLMC 4.5 106-08 : +0-00 FHLMC 5.0 107-14 : -0-02 Pricing as of 4:03 PM EST Afternoon Market Updates A recap of MBS Market Updates provided by MND Analysts and streamed live to the MBS Live Dashboard . 2:28PM : ALERT: MBS Hit Day's Highs, Underperforming TSYs in Low Volume The day, and... [Read the full story]

Mortgage Web News

CenterState Bank of Florida, National Association, Winter Haven, Florida, Assumes All of the Deposits of First Guaranty Bank and Trust Company of Jacksonville, Jacksonville, Florida

January 27, 2012 · Leave a Comment 

Press Release CenterState Bank of Florida, National Association, Winter Haven, Florida, Assumes All of the Deposits of First Guaranty Bank and Trust Company of Jacksonville, Jacksonville, Florida   FOR IMMEDIATE RELEASE January 27, 2012 Media Contact: Greg Hernandez (202) 898-6984 Cell: (202) 340-4922 Email:  ghernandez@fdic.gov   First Guaranty Bank and Trust Company of Jacksonville, Jacksonville, Florida, was closed today by the Florida Office of Financial Regulation, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect the depositors,... [Read the full story]

Latest Property News

Ex-real estate agent guilty of sexual assault

January 27, 2012 · Leave a Comment 

A former Edmonton real estate agent was found guilty Friday of a number of charges related to attacks on three prostitutes in 2009. Read the full story  Read More →

Overseas Property News

England has fewer vacant properties, but there are more empty homes in Scotland, reports show

December 21, 2010 · Comments Off 

The number of long term empty private properties homes in England has fallen for the first time in three years, according to the latest annual Halifax Empty Homes survey. Read the full story  Read More →

Latest Property News

Ex-real estate agent guilty of sexual assault

A former Edmonton real estate agent was found guilty Friday of a number of charges related to attacks on three prostitutes in 2009. Read the full story

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Edmonton Real Estate Market Weekly Update – Jan. 27/12

Here is our update on the Edmonton real estate market. . For the past 7 days: New listings: 358 # Sales: 177 Ratio: 49% # Price changes: 119 # Expired/Off Market Listings: 122 Net loss/gain in listings this week: 59 Active single family home listings: 2020 Active condo listings: 1237 Homes 4-week running average: $358k...

[Continue reading: Edmonton Real Estate Market Weekly Update – Jan. 27/12]

A Vacant House Does Not Have To Be An Empty House

A vacant house is like a vacant stare — something just doesn’t seem right. Trying to sell a vacant house can often add obstacles, and sellers end up obtaining a lower sales price. Read the full story

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Foreclosure Web News

Bank of America demands borrower silence in exchange for loan modification

Bank of America is continuing to be remarkably thin-skinned. Of course, when experiences...


Mortgage probe unveiled as foreclosure talks loom

President Obama’s latest probe into the mortgage meltdown will have more power...


Lee County foreclosure cases piling up again

Even if the house next door looks close to foreclosure, it could still be some time...


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