Archive for March 8th, 2010

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Mar 08 2010

Banks Pressed on Second Mortgages - Wall Street Journal

Posted by: foreclosure - Google News in foreclosure

Wall Street Pit (blog)
Banks Pressed on Second Mortgages
Wall Street Journal
The ensuing foreclosure is likely more costly for all parties than a short sale would have been. Under an Obama administration program due to begin in the ...
Barney Frank Demands the Four Biggest US Banks to Write Down Second MortgagesWall Street Pit (blog)
Pressure builds for US mortgage loan write-downsReuters
Lawmaker works to boost loan modificationsCincinnati.com
DSNews.com -CNBC -Wall Street Journal
all 12 news articles »

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Mar 08 2010

Foreclosures drive down home values in northeast Phoenix - Arizona Republic

Posted by: foreclosure - Google News in foreclosure

HULIQ
Foreclosures drive down home values in northeast Phoenix
Arizona Republic
Yes, home values were declining and foreclosures were increasing in 2008 and even 2007. But not at the rate they were doing so last year. ...
US Record $71M Spent at REDC Foreclosed Auctions Over The WeekendPR Web (press release)
Phoenix Foreclosed Homeowners Told To Leave on Day of AuctionHULIQ
Foreclosed Arizonans get little time to moveKOLD-TV

all 9 news articles »

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Mar 08 2010

Maryland Attorney General Warns Consumers to Avoid Foreclosure Sharks - LoanSafe

Posted by: foreclosure - Google News in foreclosure

Maryland Attorney General Warns Consumers to Avoid Foreclosure Sharks
LoanSafe
(LoanSafe.org) – BALTIMORE, MD ( March 3, 2010) – Just as sharks smell blood in the water, foreclosure rescue scammers can pick out desperate homeowners on ...
Consumer protection week scam of the day alert: foreclosure rescueRealEstateRama
CPB warns about mortgage scamsLegislative Gazette
Koster: "No indication" that I'm being investigatedKansas City Star
Fox 59 -KTTS
all 19 news articles »

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Mar 08 2010

Treasury Provides Details of New Short Sale Incentive Program - The Washington Independent

Posted by: foreclosure - Google News in foreclosure

Richmond Times Dispatch
Treasury Provides Details of New Short Sale Incentive Program
The Washington Independent
On the other hand, the National Association of Realtors is a lobbying powerhouse and, in the case of a foreclosure, their army of Realtors may make no money ...
Housing: More Short Sales Coming?Seeking Alpha (blog)
The Obama loan modification effort is not going as well as intendedOpEdNews
Eugene home buyers encounter short sale frustration as a " Good Deal" is ...Examiner.com
PR-USA.net (press release) -Richmond Times Dispatch -HULIQ
all 33 news articles »

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Mar 08 2010

Aldermen say plan eases foreclosure crisis - WGNtv.com

Posted by: foreclosure - Google News in foreclosure

Aldermen say plan eases foreclosure crisis
WGNtv.com
CHICAGO - Chicago alderman announced details this morning about a plan to help ease the burden of foreclosures in the Chicago area using Tax Increment ...

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Mar 08 2010

New Short Sale Push May Speed Up Bank Loan Losses - Wall Street Journal

Posted by: foreclosure - Google News in foreclosure

Mortgage Rates & Trends (blog)
New Short Sale Push May Speed Up Bank Loan Losses
Wall Street Journal
The new effort, called Home Affordable Foreclosure Alternatives, or HAFA, kicks in April 5. Some banking and real-estate industry experts see it as a ...
HAFA Provides Foreclosure AlternativesMortgage Rates & Trends (blog)
Short stackEconomist (blog)
The stimulus and its impact on Black housingFinalCall.com News
Credit.com News -US Money Talk News -HULIQ
all 11 news articles »

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Mar 08 2010

HAFA Provides Foreclosure Alternatives - Mortgage Rates & Trends (blog)

Posted by: foreclosure - Google News in foreclosure

Mortgage Rates & Trends (blog)
HAFA Provides Foreclosure Alternatives
Mortgage Rates & Trends (blog)
The one-two punch of declining home values and staggering unemployment has caused the foreclosure rate to skyrocket, further depressing home values and ...
New short sale push may speed up bank loan lossesMarketWatch
Short stackEconomist (blog)
The stimulus and its impact on Black housingFinalCall.com News
Credit.com News -US Money Talk News -HULIQ
all 9 news articles »

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Mar 08 2010

A foreclosure story; a global warming denier; helping the Earth heal - Los Angeles Times

Posted by: foreclosure - Google News in foreclosure

A foreclosure story; a global warming denier; helping the Earth heal
Los Angeles Times
This article, about homeowners who are still in their home after a possible foreclosure sale, made some good points but could have been more clear about the ...

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Mar 08 2010

Decline In Late Mortgage Payments May Be A Positive Indicator For Foreclosures - NuWire Investor

Posted by: foreclosure - Google News in foreclosure

Decline In Late Mortgage Payments May Be A Positive Indicator For Foreclosures
NuWire Investor
The drop in 30-day delinquencies is doubly important, Brinkmann added, because those late payments have historically been a leading indicator of foreclosure ...
Can't make your mortgage? Get an emergency loanCNNMoney.com

all 3 news articles »

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Mar 08 2010

Phoenix Foreclosed Homeowners Told To Leave on Day of Auction - HULIQ

Posted by: foreclosure - Google News in foreclosure

HULIQ
Phoenix Foreclosed Homeowners Told To Leave on Day of Auction
HULIQ
Phoenix homeowners are being told to get out early or face the music of being foreclosed. The auction market in Phoenix is currently at such frenzied pace ...
Foreclosed Arizonans get little time to moveKOLD-TV

all 5 news articles »

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