Daily Archives: July 20, 2012

Mass. Foreclosure Activity Slows in June

Jenifer B. McKim, Boston Globe, July 20th, 2012 Drop Suggests Crisis May be Stabilizing Foreclosure activity in Massachusetts slowed in June, compared to May, fueling cautious optimism that the state’s housing crisis may be stabilizing. The number of foreclosure petitions, … Continue reading

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Home Prices Rise, Sales Fall on Limited Inventory

By Kerri Ann Panchuk • July 19, 2012 • HousingWire.com Total existing home sales declined 5.4% to a seasonally adjusted annual rate of 4.37 million in June from 4.62 million the month before. Existing sales in June were 4.5% higher … Continue reading

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Short Sales more Rewarding than REO: RealtyTrac

By Kerri Ann Panchuk • July 20, 2012 • HousingWire.com The market is trending towards short sales as lenders lean more heavily on disposition methods that aid distressed homeowners while making it easier for lenders to resell homes that have … Continue reading

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Credit Agencies under Scrutiny

RealtyTimes.com, July 20th, 2012 It’s usually the other way around–the credit reporting agencies scrutinize consumers’ creditworthiness, but now the Consumer Financial Protection Bureau (CFPB), announced this month that it will take a closer look at these agencies. Full Story: http://realtytimes.com/rtpages/20120720_creditagencies.htmContinue reading

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