Foreclosure News Articles
Tucson Foreclosure Homes Kept Surging, City Got Rehab Money
March 9, 2010 · Leave a Comment
Tucson foreclosure homes continued to soar in 2009, contributing significantly to the increased pace of Arizona foreclosures during the same year. Investors spending resources to find bank foreclosures for sale can consider Tucson and other parts of Arizona as foreclosure activities continued to surge in these areas. In 2009, a total of 12,798 foreclosure actions were filed in Tucson, marking a sharp increase of 42 percent from filings in 2008 and a sharper increase of 201 percent from filings in 2007. The number was equivalent to 3 percent of all residential units in the city. Similarly, the foreclosure... [Read the full story]
Foreclosure Web News
Outside buyers get a deal on Dallas foreclosures
March 10, 2010 · Leave a Comment
Only a fraction of homes sold at foreclosure in Dallas-Fort Worth go to outside buyers. Read the full story Read More →
Latest Mortgage Headlines
Explaining The MBS Settlement Process
March 9, 2010 · Leave a Comment
Posted To: MBS Commentary10yr Notes progressively improved into the PM , ending 5 ticks better on the day with a yield of 3.70. MBS fought off much of the AM weakness in tsy's, and rallied just as well into the PM, reaching 101-15 at 4pm. But then we ended 4 ticks down on the day at 101-01! WHAT?!?!? So you're tellin' me MBS effectively erased all gains from the past two days?! Not exactly… I'll let AQ explain… ——————————————– If you haven't read the following description of... [Read the full story]
Mortgage Web News
J.P. Morgan: Foreclosure Sales Could Be Higher in Three Years
March 9, 2010 · Leave a Comment
Efforts to modify loans and delay foreclosures may have helped hold down the stock of foreclosures for sale in the second half of 2009, fostering home-price stabilization. But that cure could require different medicine: an elevated level of foreclosures for sale over the next three years. Analysts from J.P. Morgan Chase & Co. are forecasting that bank-owned sales as a share of total home sales will remain at current or even higher levels three years from now in more than half of the nation’s 10 largest housing markets, according to a recent investor presentation. (The slides for the presentation... [Read the full story]
Latest Property News
Real Estate: Biggest Lies
March 10, 2010 · Leave a Comment
A funny thing about the digital age – the more information we have access to, the more misinformation we get hit with. Read the full story Read More →
Overseas Property News
UK landlords more upbeat about the private rented property sector but say lending is too tight
March 10, 2010 · Leave a Comment
Private property landlords in the UK are upbeat about the rental sector and more confident than they were a month ago about the outlook for 2010 Read the full story Read More →
Latest Property News
Real Estate: Biggest Lies
A funny thing about the digital age – the more information we have access to, the more misinformation we get hit with. Read the full story
[Continue reading: Real Estate: Biggest Lies]Police: Man ‘rented out’ homes that were for sale
Something about the 6-foot, 6-inch, 280-pound real estate agent with the scruffy beard just didn’t feel right. Read the full story
[Continue reading: Police: Man ‘rented out’ homes that were for sale]Mayor threatens to oust Filenea s developer
The Filene’s site looks much like it did nearly a year ago when Don Jones, who works in Boston, walked by on March 23, 2009. Read the full story
[Continue reading: Mayor threatens to oust Filenea s developer]Read More Posts From Latest Property News »
Foreclosure Web News
Outside buyers get a deal on Dallas foreclosures
Only a fraction of homes sold at foreclosure in Dallas-Fort Worth go to outside buyers. Read...
Is homeownership still your American Dream?
Traditionally, the American Dream has meant a home to hang your hat, raise your children...
Thousands Walk Away From Mortgage
With the economy still struggling, a growing number of people in Michigan are walking...
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Mortgage Web News
J.P. Morgan: Foreclosure Sales Could Be Higher in Three Years
Efforts to modify loans and delay foreclosures may have helped hold down the stock...
Shiller: Should We Keep Subsidizing the Housing Market?
Is the government’s massive support of homeownership nothing more than a “sacred...
Principal Writedowns and the Fake Stress Test
Rortybomb submits: Three things happened in a row Monday: (1) Two positive profiles...
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