Category Archives: Foreclosure

Four Tips for Homeowners Facing Foreclosure

Posted on May 20, 2013 by

Realtytimes.com, May 20th, 2013 Consumers can minimize the fear and paralysis associated with foreclosure by arming themselves with knowledge that will help increase their chances of a loan workout or amicable walk-away. Full Story: http://realtytimes.com/rtpages/20130520_tipsfacingforeclosure.htm

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“Walking Dead” and “Survivors” in Real Estate

Posted on May 17, 2013 by

Posted: 14 May 2013 KCM Crew Over the last few years, new words have become part of our real estate vocabulary when discussing distressed properties. Terms such as ‘shadow inventory’, ‘cure rate’ and ‘short sales’ were introduced. Other words like … Continue reading →

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Consumers Confused about Credit Counseling

Posted on May 15, 2013 by

RealtyTimes.com, May 10th, 2013 Ironically and unfortunately, consumers are confused about counseling that’s supposed to remove the confusion. The National Foundation for Credit Counseling helps clear the air. Full Story: http://realtytimes.com/rtpages/20130510_creditcounseling.htm

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Tight Lending, Foreclosures to Prompt Homeownership Decline

Posted on May 6, 2013 by

By: Krista Franks Brock, DSNews.com, May 6th, 2013 With the homeownership rate already at its lowest point since 1995, Capital Economics predicts further decline before a rebound occurs. The analytics firm predicted last July that the homeownership rate would fall … Continue reading →

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Commentary: What’s Up (or Down) with Housing?

Posted on May 2, 2013 by

By: Mark Lieberman, Five Star Institute Economist,DSNews., April 26th, 2013 Housing is recovering…or is it? The recent numbers and headlines offered mixed signals: existing-home sales dropped month-to-month as the median price increased in March, according to a report released April … Continue reading →

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Regulators, Lenders Rethink need for Bigger Down Payments

Posted on April 28, 2013 by

Peter Eavis, New York Times, April 26th, 2013 The housing market is showing signs of life as home prices rise, but the revival may no gain full steam until regulators sort out one of the thorniest problems:  the appropriate size … Continue reading →

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Short Sale Lease Back Alternative to Foreclosure Available

Posted on April 28, 2013 by

RealtyTimes.com, April 26th, 2013 The possibility of becoming homeless after a short sale does exist, but only for a small minority of short sellers. Virtually all short sellers find a rental home, even with the short sale blemish on their credit … Continue reading →

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Silent Crime Against Homeowners: Mortgage Fraud

Posted on April 16, 2013 by

RealtyTimes.com, April 16th, 2013 A crime wave will steal billions from unsuspecting homeowners this year—maybe some of it from YOU! PJ Wade explains what each of us can do to fight the rising wave of mortgage fraud, and protect real … Continue reading →

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Monday Morning Cup of Coffee: Low-Down Loans Coming Back

Posted on April 15, 2013 by

By Jacob Gaffney • April 14, 2013 • HousingWire.com Monday Morning Cup of Coffee is a quick look at the news coming across the HousingWire weekend desk, with more coverage to come on bigger issues. An article in USA Today … Continue reading →

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Fixed Rates Tumble on Weak Jobs Report

Posted on April 14, 2013 by

By: Tory Barringer, DSNews.com, April 13th, 2013 Fixed mortgage rates plummeted this week following the release of disappointing employment data for March. According to Freddie Mac’s Primary Mortgage Market Survey, the 30-year fixed-rate mortgage (FRM) averaged 3.43 percent (0.8 point) … Continue reading →

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