Blog Posts - Foreclosure News



Home Sellers Gaining Traction in Denver

The housing market of Denver, Colorado is experiencing a relatively healthy recovery as evident from the rising number of residential properties getting sold and the improving prices of homes. Home sale figures for 2012 are much better than the previ...
by Foreclosures Blog on Oct 24, 2012

Presidential Elections and the Housing Market

New York Attorney General Eric Schneiderman has filed a lawsuit against JPMorgan over the creation and sale of MBSs (mortgage-backed securities) during the housing bubble, saying that Bear Stearns (now owned by JPMorgan) bankers...
by Foreclosures Blog on Oct 11, 2012

Presidential Elections and the Housing Market

New York Attorney General Eric Schneiderman has filed a lawsuit against JPMorgan over the creation and sale of MBSs (mortgage-backed securities) during the housing bubble, saying that Bear Stearns (now owned by JPMorgan) bankers...
by Foreclosures Blog on Oct 11, 2012

What Will Be The Fate of Freddie’s and Fannie’s REO Inventory?

The countrys housing market seems to be on the right path towards recovery. Recent reports once again highlight the rise of home prices on a national level and most recently Freddie Mac and Fannie Mae are both optimistic about their REO inventory sta...
by Foreclosures Blog on Oct 10, 2012

What Will Be The Fate of Freddie’s and Fannie’s REO Inventory?

The countrys housing market seems to be on the right path towards recovery. Recent reports once again highlight the rise of home prices on a national level and most recently Freddie Mac and Fannie Mae are both optimistic about their REO inventory sta...
by Foreclosures Blog on Oct 10, 2012

What will be the fate of Freddie’s and Fannie’s REO inventory?

The countrys housing market seems to be on the right path towards recovery. Recent reports once again highlight the rise of home prices on a national level and most recently Freddie Mac and Fannie Mae are both optimistic about their REO inventory sta...
by Foreclosures Blog on Oct 10, 2012

Court Favors Banks with MERS Ruling, Clearing Path Ahead for Foreclosures

Nevada will probably be flooded with another wave of foreclosures due to a Supreme Court ruling that sides with the MERS. The ruling also validated a key cog in the foreclosure enforcement machinery that sparked legal disputes all over the US.
by Foreclosures Blog on Oct 5, 2012

Court Favors Banks with MERS Ruling, Clearing Path Ahead for Foreclosures

Nevada will probably be flooded with another wave of foreclosures due to a Supreme Court ruling that sides with the MERS. The ruling also validated a key cog in the foreclosure enforcement machinery that sparked legal disputes all over the US.
by Foreclosures Blog on Oct 5, 2012

Foreclosure-to-Rental: Next Big Boom in The Housing Market – The End of the American Dream?

Turns out the FHFA foreclosure-to-rental program has been a success: the agency announced the second winning bidder of the REO pilot initiative. The Cogsville Group, a New York-based company, has agreed to purchase 94 REO properties owned by Fannie M...
by Foreclosures Blog on Oct 3, 2012

Foreclosure-to-Rental: Next Big Boom in The Housing Market – The End of the American Dream?

Turns out the FHFA foreclosure-to-rental program has been a success: the agency announced the second winning bidder of the REO pilot initiative. The Cogsville Group, a New York-based company, has agreed to purchase 94 REO properties owned by Fannie M...
by Foreclosures Blog on Oct 3, 2012

Home prices are up while negative equity is down in July

There are fewer homeowners in the Fort Worth-Arlington area as well as nationally that fell underwater on their mortgages, a recent report from CoreLogic highlights. On the local side, only 8.2% or about 30,927 residential properties, with a mortgage...
by Foreclosures Blog on Sep 25, 2012

Home prices are up while negative equity is down in July

There are fewer homeowners in the Fort Worth-Arlington area as well as nationally that fell underwater on their mortgages, a recent report from CoreLogic highlights. On the local side, only 8.2% or about 30,927 residential properties, with a mortgage...
by Foreclosures Blog on Sep 25, 2012

Foreclosure rates drop in Massachusetts

Mortgage servicers have initiated only 1,198 foreclosure starts in the Massachusetts are in July, according to Warren Group’s recent market study.  This makes it the lowest foreclosure start since December of last year. Compared to July 2011,...
by Foreclosures Blog on Sep 24, 2012

Foreclosure rates drop in Massachusetts

Mortgage servicers have initiated only 1,198 foreclosure starts in the Massachusetts are in July, according to Warren Group’s recent market study.  This makes it the lowest foreclosure start since December of last year. Compared to July 2011,...
by Foreclosures Blog on Sep 24, 2012

Boston area foreclosure roundup for July

The Boston area housing market has started heading towards recovery, as the number of foreclosure listings has slightly dropped in the area. The Warren Group has recently published its monthly report to offer a cross-section view of the statewide dis...
by Foreclosures Blog on Sep 21, 2012

Boston area foreclosure roundup for July

The Boston area housing market has started heading towards recovery, as the number of foreclosure listings has slightly dropped in the area. The Warren Group has recently published its monthly report to offer a cross-section view of the statewide dis...
by Foreclosures Blog on Sep 21, 2012

Sales of distressed housing units up for the second consecutive month in Chicago

After a couple months of drops in bank-owned homes sales, the Chicago area distressed housing market is trending upwards again. According to the latest report issued by Midwest Real Estate Data, August was the second consecutive month of increases. R...
by Foreclosures Blog on Sep 20, 2012

Sales of distressed housing units up for the second consecutive month in Chicago

After a couple months of drops in bank-owned homes sales, the Chicago area distressed housing market is trending upwards again. According to the latest report issued by Midwest Real Estate Data, August was the second consecutive month of increases. R...
by Foreclosures Blog on Sep 20, 2012

Portland Mayor takes action to clean up bank owned and Vacant homes

Sam Adams, the Mayor of Portland, is determined to clean up the abandoned and blighted houses that put a low image on the city. A few days ago he asked for the citizen’s opinion on a proposal to create a registry listing the owners of vacant pr...
by Foreclosures Blog on Sep 18, 2012

New York homebuyers face risk of Fannie Mae rate penalty

Fannie Mae and Freddie Mac need to raise their fees in order to guarantee mortgages in areas with higher costs for bad debt, said the acting director or FHFA, Edward J. DeMarco. This means bad news for the state of New York, as it is among those who...
by Foreclosures Blog on Sep 13, 2012


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