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March 2012 - Posts
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The future is looking better in California as pending home sales increased in February for the second straight month, according to the state association of Realtors. After two consecutive months of declines, equity sales made up 51.1% of home sales, an Read More...
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Bank of America is striving to make the short sales process more efficient with a stated goal of dramatically increasing the number of these pre-foreclosure transactions this year. Short sales are a "big focus for us," the head of B of A REO Read More...
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03/26/2012 By: Esther Cho Enter your email to receive Daily Email Updates: Investors are making it a practice to endure through obstacles that come with the price of short sales and pursued them at a greater pace in February compared to previous months, Read More...
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The Federal Housing Administration has revamped a little used program for refinancing underwater conventional loans, and extended its "short refinance" program until the end of 2014. Lenders have completed only 840 short refis since FHA rolled Read More...
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Single-Family Starts Down, Multifamily Jumps Builders pulled back on the construction of single-family homes in February but forged ahead with multifamily starts, according to new government figures released Tuesday morning. <SCRIPT language="JavaScript1.1" Read More...
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Bank of America Signs on to California's Principal Reduction Program www.dsnews.com Bank of America has agreed to participate in Keep Your Home California’s principal reduction program, the California Housing Finance Agency announced Wednesday. Read More...
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Fed Study: Overpriced Foreclosures Hiking REO Carrying Costs 03/16/2012 By: Carrie Bay Appraisers, lenders, and investors appear to be routinely overestimating the values of homes prior to foreclosure, especially in the weakest housing markets, according Read More...
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Sales in California Up in February, Median Prices Down 03/16/2012 By: Esther Cho Home sales in California showed signs of improvement for February compared to the previous month of January and year before in February 2011, according to data from the California Read More...
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Page Content If you can't afford your mortgage payment and it's time for you to transition to more affordable housing, the Home Affordable Foreclosure Alternatives (HAFA) program is designed for you. HAFA provides two options for transitioning Read More...
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WASHINGTON--The wave of Hispanic homebuyers that was promised just before the market crashed is finally ready to storm the market, according to a new report from a group of real estate professionals dedicated to increasing ownership among Latinos. <A Read More...
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Scammers are calling homeowners, offering to help save their homes by filing an application for them for the Keep Your Home California program, bilking the victims of as much as $900. Applying for help from Keep Your Home California, from phone calls Read More...
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Freddie Sees Short Sales Rise, Will Increase Incentives 0 Freddie Mac reported a 16% increase in short sales last year and wants to boost the use of this foreclosure alternative by increasing the fees it pays participating servicers. <A HREF="http://ad.doubleclick.net/jump/ManagingReo.com;sz=468x60;pg=ros;pos=13;tile=13;ord=17953323?"><IMG Read More...
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Short Sales love ‘em or hate ‘em they are here to stay. Come and align your self with Vista Funding to take advantage of the fast approaching short sale wave. Foreclosure Report from Sean O’toole Foreclosure Activity Continues to Fall Read More...
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Housing Crisis to End in 2012 as Banks Loosen Credit Standards 01/24/2012 By: Krista Franks Brock Capital Economics expects the housing crisis to end this year, according to a report released Tuesday. One of the reasons: loosening credit. The analytics Read More...
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Seven Reasons Why You Need A Realtor By Richard M. Hartian Leave a Comment Tweet Pin It As the housing market continues to provide opportunities for buyers and trauma for sellers, the temptation to go it alone is strong. People on both sides of the equation Read More...
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