Articles, tagged with "foreclosure proceedings", page 6

Goldman Reports Losses on Only Two Trading Days

The Wall Street firm Goldman Sachs reported in its regulatory filing that despite the industry-wide slide, it only lost money on two separate trading days during the third quarter and had actually made between $75 and $100 million on other days. Its net t... Read >
Author: rudson tren

What you need to know about the foreclosure process

The Home Affordable Modification program has updated their guidelines and has republished the full booklet on their website. Below is a brief recap of key items you need to know. This article part 1 of 3 and will review the steps outlined in the online ... Read >
Author: Professor Loan Mod

Mortgage Lenders Continue to Stall Foreclosure Activities

Many homeowners who are in pending foreclosure could still sigh relief although temporarily. Major home loan lenders GMAC Mortgage, JPMorgan Chase & Co, and Bank of America continue to observe suspension of a huge portion of their overall foreclosure acti... Read >
Author: rudson tren

The Implications of a Nationwide Foreclosure Freeze

Bank of America made headlines with their announcement that they would temporarily pause all foreclosure proceedings to investigate procedures and allegations of false affidavits. Shortly thereafter banks like Chase and GMAC also issued a memorandum again... Read >
Author: Roni Deutch

Wells Fargo will refile 55,000 foreclosures

The announcement by Wells Fargo & Co that it will re-file documents on 55,000 foreclosures immediately drew flak from a state attorney general and could be an admission by the bank of possible irregularities in their repossession procedures. While other ... Read >
Author: rudson tren

Foreclosure ills may derail market recovery

The recent controversies surrounding the foreclosures market, specifically the robo-signing deals purportedly done by mortgage firms to speed up foreclosure proceedings, could be taking a toll on the recovery of the housing market, the Obama administratio... Read >
Author: rudson tren

Rise in existing home sales spur positive outlook

The latest survey by the National Association of Realtors shows a positive increase in existing home sales for the month of September. This could show that market improvements are underway and that the housing industry could be recovering from dismal figu... Read >
Author: rudson tren

Buying foreclosed property real estate

Investing money in property real estate is the latest trend, which is chosen by many people as a lucrative and safe option to rake in the profits. Instead of investing in share market, people are now keener towards investing in land and other such immova... Read >
Author: Brett Young

Home foreclosure: Could It Be Halted?

Do you think you're a homeowner who has been disregarding the warning letters and telephone calls from your bank? Should you are, you may find yourself inside the midsection of a property foreclosure crisis. At this point in time, fear may automatically... Read >
Author: TuxLawrence

Robo-signing and buying foreclosures

If you are a buyer who is interested in foreclosures, you might find it a bit more difficult to buy one these days, an effect of the robo-signing fiasco that has intrigued the housing market these past several weeks. The robo-signing mess, which alleged... Read >
Author: rudson tren

Banks to cooperate with state officials on foreclosure inquiry

Following the joint investigation being conducted by all 50 states, banks and lenders are showing willingness to talk with state attorneys general regarding measures that could be put in place to prevent a repeat of the robo-paperwork fiasco. Big mortgag... Read >
Author: rudson tren

State AGs will help in US foreclosures probe

Attorneys general of numerous states are now playing an important part in investigating allegations against banks of using sleazy paperwork in evicting their delinquent borrowers from their homes. This could be wonderful news to major banks, such as Bank ... Read >
Author: rudson tren

Choosing Viable Alternatives To A Short Sale

It is a painful and stressful experience to have to let go of your home because you do not have the means to settle your mortgage. But, it is a reality that is faced by many Americans today. Reports even show that about 50% of homes in the US are underw... Read >
Author: Nazima Golamaully

A More Effective Way To Stop Foreclosure: How To Sell Without Going Thru A Short Sale

Turning to a short sale is fast losing popularity as a way to stop foreclosure. Short sales have proven to be ineffective in stopping foreclosures in that there are a number of variables involved when going into them. Through a short sale, you attempt t... Read >
Author: Nazima Golamaully

Reducing and Combining Debt with Refinance Home Mortgage

Homeowners who have accumulated some credit card and personal loans over the years and can not keep up with them may think of combining the debt by obtaining a refinance home mortgage if they have home equity. With present home mortgage interest rates, th... Read >
Author: izibir

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