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Results for foreclosures. Search took 0.02 seconds.
No relief from foreclosure mess
in The Mortgage Roadmap, on August 24, 2009
...The news on housing foreclosures isn't getting any better. In fact, it's getting worse.
According to a story in the Wall Street Journal, one in every eight U.S. households with mortgages wa...
Trying to time the bottom
in The Mortgage Roadmap, on August 17, 2009
Did you see the housing crash coming? There were certainly enough warning signs. Maybe the better question is this: Did you see the housing crash coming and did you do something about it?
In other words, in early 2006 when housing prices were reaching their peak, did you sell your home for a big pr...
Foreclosures dogging the middle class
in The Mortgage Roadmap, on August 14, 2009
...Remember when the number of housing foreclosures first started to boom? We liked to say it was because of all those greedy homeowners who took out high-risk subprime mortgages to get into homes they c...
Loan clinic the cure for mortgage ailments?
in The Mortgage Roadmap, on August 13, 2009
Pres. Barack Obama has put an increasing amount of pressure on mortgage companies to restructure the loans of homeowners who are struggling to make their monthly payments. Many homeowners, though, have complained that they've struggled to receive any assistance from their mortgage companies.
Ma...
Odds are good you'll be "underwater" by 2011
in The Mortgage Roadmap, on August 10, 2009
© SuperFantastic
If you own a home, the odds are good that you'll be "underwater" by 2011.
No homeowner wants this. It's when you owe more on your mortgage loan than what your home is worth. According to a news story in the Victorville Daily Press, nearly 48 percent of hom...
US mortgages underwater
in Sox First, on August 7, 2009
The Washington Post reports that the US Government is considering plans to take hundreds of billions of dollars in troubled loans out of Fannie Mae and Freddie Mac, stick them into a so-called "bad bank" and create a new structure to support the home-loan market. That sounds fine i...
What to do when those mortgage payments get hard to make
in The Mortgage Roadmap, on August 6, 2009
...your monthly income is slashed. It's why the United States is seeing a record number of housing foreclosures today.
But what should you do if you fear you might soon fall behind on your mortgage ...
Loan modifications not fast enough for foreclosures
in The Mortgage Roadmap, on August 5, 2009
...homeowners in the next few years.
But there's one problem with all this: The rate of housing foreclosures is far surpassing the number of loan modifications , according to a story in BusinessWee...
Mortgage companies falling down on loan-modification help
in The Mortgage Roadmap, on August 4, 2009
...th the Obama Administration. The administration rightly views slashing the record levels of housing foreclosures as a key step in boosting the fortunes of the national economy. This won't happen i...
Is the housing greed a thing of the past?
in The Mortgage Roadmap, on July 31, 2009
There are a lot of reasons for the big housing crash that the country is still fighting through. Mortgage lenders loaned out money to customers who weren't financially able to handle a large monthly mortgage payment. Real estate appraisers overvalued too many homes. The government looked the oth...
Putting the presidential squeeze on the mortgage firms
in The Mortgage Roadmap, on July 29, 2009
...work the mortgage loans that homeowners are struggling to pay. More loan modifications equals fewer foreclosures, in the view of Obama and his administration.
According to a story in the Wall Street ...
Loan-modification program not meeting its goals
in The Mortgage Roadmap, on July 28, 2009
...administration had the right intentions when it came up with a program to reduce the number of home foreclosures across the country by modifying existing mortgage loans. Problem is, the program hasn&#...
Mortgage firms get to tell Obama their side of the story
in The Mortgage Roadmap, on July 27, 2009
...bama administration to list the reasons why they haven't done enough to stem the rising tide of foreclosures across the nation. You can read about this meeting at the Web site of ABC News .
The ...
Some mortgage villains faring quite well
in The Mortgage Roadmap, on July 20, 2009
....
It's clear that a big reason for the country's current economic mess are all the housing foreclosures taking place across the nation. And why are so many people unable to pay their monthly ...
Recession and repression
in Sox First, on July 16, 2009
...e are losing jobs. Talk of a "jobless recovery" is garbage. Rising unemployment has seen foreclosures soar 15% in the first six months of this year, affecting 1.5 million homes. This rece...
Is the arrow still pointing down for the housing industry?
in The Mortgage Roadmap, on July 15, 2009
...year-and-a-half. Personally, I don't know if I can take 18 more months of fretting about rising foreclosures, homes that won't sell and mortgage delinquencies. It's all too darn depressing...
Do you still have faith in Obama's stimulus plans?
in The Mortgage Roadmap, on July 10, 2009
...e is stuck at 9.5 percent, and is likely to climb higher before it falls. At the same time, housing foreclosures are still at record levels. And housing prices, though they've inched upwards durin...
Why it matters if your neighbor's struggling to pay the mortgage
in The Mortgage Roadmap, on July 9, 2009
...m to get bailed out: Simply put, you don't want your home surrounded by foreclosed properties.
Foreclosures drag down housing prices for everyone else. If you need to sell your house, it's aw...
Will California drag down the United States?
in Sox First, on July 2, 2009
.... The state has an unemployment rate of 11.5%, higher than the national figure, and there have mass foreclosures. As the San Francisco Chronicle tells us, they just have one month to balance budget....
Is plain vanilla the right goal?
in The Mortgage Roadmap, on June 30, 2009
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As part of his efforts to protect consumers, and keep the country from suffering another wave of foreclosures, Pres. Barack Obama has called for the creation of a new consumer protection agency. Th...
Dragging out the foreclosure mess
in The Mortgage Roadmap, on June 26, 2009
...r mortgage bills. But they're still living in their homes. That's because there are so many foreclosures taking place, that banks are behind on taking back foreclosed properties . That leaves...
Beware of loan-modification scams
in The Mortgage Roadmap, on June 22, 2009
...As the number of housing foreclosures across the nation continue to rise, something else is on the upswing, too: loan-modification scams.
The scammers target homeowners who have fallen behind in thei...
A new wave of mortgage foreclosures on the way?
in The Mortgage Roadmap, on June 19, 2009
...e to think all that. Unfortunately, I can't.
What I really think is that the number of housing foreclosures is only going to rise in the coming months. And, unfortunately, many economic analysts ...
Do you trust the government to protect you from mortgage lenders?
in The Mortgage Roadmap, on June 18, 2009
...me buyers. (Of course, these rules haven't done much to stall the still-growing wave of housing foreclosures sweeping the nation.)
Under the administration's proposal, the new agency would re...
Does owning a home have to be the American Dream?
in The Mortgage Roadmap, on June 17, 2009
...gage meltdown the country is currently suffering through.
You know all about the meltdown: Housing foreclosures are soaring. Owners are walking away from their homes, giving up hope of paying their m...
How'd the mortgage meltdown happen? NPR knows
in The Mortgage Roadmap, on June 15, 2009
...ain reasons that the mortgage industry is dealing with a record number of delinquencies and housing foreclosures today.
Be sure to check out the NPR show. It takes just one hour, but after those 60 m...
Want a better credit score? Manage your money
in The Mortgage Roadmap, on June 12, 2009
...g out mortgage money too freely during the housing boom, something that led to the record number of foreclosures we're seeing today.
But how can you boost your own credit score before applying fo...
Mortgage giant Mozilo charged with fraud
in The Mortgage Roadmap, on June 5, 2009
... that so many people pin the blame for our nation's current housing crisis on homeowners facing foreclosures. Yes, some of these homeowners — but not nearly all of them — were greedy, ...
Rising healthcare costs put strain on homeowners
in The Mortgage Roadmap, on June 4, 2009
...
Unemployment across the nation is at record highs. Foreclosures are, too. Of course, the two are related.
But unemployment isn't the only factor in the rise of mortgage delinquencies and hou...
Mortgage delinquencies not slowing
in The Mortgage Roadmap, on June 3, 2009
...industry. Really. I'd like to wake up one morning, open the paper and read this headline: "Foreclosures fall to record lows!"
Unfortunately, I don't think I'll be reading that p...
More bad news: Mortgage delinquencies on the rise
in The Mortgage Roadmap, on May 29, 2009
It only seems as if the housing slump, and the national recession that followed it, have been going on forever. The housing slowdown, though, didn't start until the middle of 2006 or so.
The problem is, when you read the newspapers or listen to the radio, it's hard to remember that the...
More housing woes
in Sox First, on May 30, 2009
...at are the main cause of the problem. Prime fixed-rate loans now represent the largest share of new foreclosures. In other words, the crisis has now gripped the middle class with more people losing th...
Loan modifications not always helping homeowners
in The Mortgage Roadmap, on May 26, 2009
...It's clear that the Obama administration wants to see fewer housing foreclosures. That makes sense: Housing foreclosures help no one. The banks certainly don't want these homes back. Foreclosu...
Will credit card bill stall mortgage foreclosures?
in The Mortgage Roadmap, on May 20, 2009
...;s a big financial burden.
Is there a relation between this spiraling credit card debt and housing foreclosures? Probably. It's hard to make your mortgage payments when you're already deep in...
More bad news: Housing foreclosure activity remains at record levels
in The Mortgage Roadmap, on May 14, 2009
You can always count on RealtyTrac for bad news, at least these days.
The online provider of foreclosure data didn't disappoint this month, when it released its April foreclosure report . The report showed that housing foreclosure activity remained at record levels during the month.
Acc...
The Screws Tighten
in Eagle Par Birdie, on February 6, 2009
...t means that however creative golf courses get to attract and keep business, it may not be enough.
Foreclosures in residential real estate continue to climb in 2009; next on the list is commercial re...
Bailout transparency problems continue
in Sox First, on January 31, 2009
... "big bang" announcement next week that will see a bank clean-up, measures to reduce home foreclosures and moves to to kick-start credit markets. The FT says the measures might include the p...
No quick fix for US housing market
in Sox First, on December 6, 2008
... only have one president at a time. My problem is, at a time of great crisis and [massive] mortgage foreclosures. ... I am afraid that overstates the number of presidents." Fixing the housing ma...
Bailout blues won't stop foreclosures
in Sox First, on November 13, 2008
...
The sorry state of the US housing market has become even more apparent with price crashing and foreclosures rising 25% in October, according to the latest reports . But what makes it more appall...
Obama's to-do list
in Sox First, on November 8, 2008
...rk Times makes important reading. Apart from the stimulus package, he will have to stop more home foreclosures, changing the bankruptcy laws to allow judges to reset mortgages. Expect more protectio...
House sales rise, no recovery
in Sox First, on October 28, 2008
...les prices are at their lowest in four years. There are some obvious reasons for the price drop. Foreclosures are driving down prices, according to housing analysts and RealtyTrac says received...
Mixed messages on the economy
in The CIO Weblog, on October 3, 2008
...of thing which can easily feed on itself and turn into a falling spiral of unemployment, increasing foreclosures, and more unemployment. I have no idea at this point what it would take to recover conf...
American Express Considering Your Housing Market When Giving Out Credit
in The Personal Finance Weblog, on August 18, 2008
... your home, or any aspect of your credit history - it has to do with things such as the number of foreclosures in your area, the drop in home values in your area, etc. All things that you can d...
Atlanta Loses 40 Year Old Tournament
in Eagle Par Birdie, on June 9, 2008
There is word today from the PGA Commissioner's office that the AT&T Classic, which has graced the fair southern city of Atlanta, Georgia for 40 years is no more.
AT&T has decided to pull the plug.
Military town foreclosures: echoes of the Great Depression
in Sox First, on May 28, 2008
...
US soldiers have put their lives in Iraq. Their reward: foreclosure . Foreclosures in US towns where soldiers live are increasing at almost four times the national average, according to dat...
Bargain Priced Golf Communities
in Eagle Par Birdie, on February 3, 2008
Courtesy: Land-Mar
It's a principle in the business world that out of confusion and uncertainty comes opportunity.
The recent economic upheaval in the United States due to the sub-prime mortgage fiasco and resulting tight credit conditions has pretty much popped the real estate bubble.
T...
Subprime fraud
in Sox First, on January 30, 2008
...
Late last year, I looked at the link between the foreclosures, the housing market and fraud and the the corrupt system that spawned mortgage fraud where appraisers, brokers and accountants recr...
Presidential candidates' subprime solutions
in Sox First, on January 29, 2008
... a 10 per cent tax credit and he wants to set up a government fund to help in-debt homeowners avoid foreclosures. Interesting idea but who will pay for it? Obama say lenders who acted irresponsibly wo...
Fed's rescue plan: too little, too late
in Sox First, on December 19, 2007
...ng practices where lenders often don't even assess ability to repay. The resulting high rate of foreclosures due to this abusive lending may well bring this country into recession-yet the FRB has ...
Forrester Sees Slow IT Spending in 2008
in Networking for Pros, on December 17, 2007
...ch predicts slowed IT spending in 2008. According to the firm, the tightening of credit, mortgage foreclosures and eroding consumer confidence will slow the pace of IT spending, which the firm ...
Subprime everywhere
in Sox First, on November 20, 2007
...In the subprime mess, there seems little political will to do much of anything south of the border. Foreclosures dot the urban landscape, mostly affecting speculators or disenfranchised people. Wall S...
Jonn Edwards On Hedge Funds
in The Hedge Funds Weblog, on October 9, 2007
...m proud of what I've spent my life doing."
More: "When I found out that there were foreclosures going on in Louisiana, in New Orleans, which is specifically what you're askin...
Fraud and foreclosures
in Sox First, on October 3, 2007
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Is there a link between foreclosures, the hot housing market and fraud? Very much so, says Anthony Sanders, a professor of finance and real estate at the WP Carey School . Once the housing market...
The new world of risk
in Sox First, on July 25, 2007
...w laws made it harder to refinance housing debt in bankruptcy, they contributed to a wave of foreclosures on "sub-prime" loans made to high-risk borrowers. Rapid growth of household d...