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Posts Tagged ‘foreclosure’


Foreclosure Rate Drops For The 12th Straight Month

Foreclosure activity continues to slow throughout the United States.

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Foreclosures Sink To 4-Year Low

According to RealtyTrac, a national foreclosure-tracking firm, the number of foreclosure filings nationwide fell 35 percent as compared to July 2010, a statistic suggesting that the housing market continues to improve.

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5 Buyer Mistakes in a Short Sale

Get Pre-Approved for a Houston Mortgage By Lora Shinn With hundreds of thousands of homes in foreclosure or on short sale lists, there’s never been a better time to score a sweet deal. But discount-priced foreclosures and short sales can come with a raft of expensive problems. Just ask Adam Melson of Philadelphia. Melson had…Read the Rest of Article

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7 Steps to a Great Foreclosure Buy

Reposted by the best Houston Mortgage Lender — By Tracey C. Velt • Bankrate.com Foreclosure. It seems half the country is in it and the other half is trying to make a killing on it. The number of foreclosed homes staggers the imagination and with more adjustable-rate loans about to reset, the end is nowhere…Read the Rest of Article

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Bank of America loses $2.24B as loan losses rise

ARE YOU FRIKKIN’ KIDDING ME???????? They’re the damn guys that took all of our money and bought out troubled Countrywide and Merrill Lynch! I mean honestly folks- HOW IN THE HELL DO YOU GET BILLIONS OF DOLLARS FROM THE GOVERNMENT and STILL lose money???? Since the Countrywide acquisition, I personally withdrew all my money from…Read the Rest of Article

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Hitting a Home Run with the HomePath Program

When I first read about this program, it struck me as kind of odd and out of place. It actually reminded me of those Sub Prime email blasts that many loan officers used to get. Remember those? – 100% Financing – NO Credit Score- OK – NO Job- OK – NO Heartbeat – OK! The…Read the Rest of Article

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J.P. Morgan and Citigroup Pause Foreclosures

On Friday, Citigroup and J.P. Morgan Chase said that they would temporarily hit the “Pause Button” on foreclosures. Out of the $350 billion that is left, $50 billion of the last year’s bailout plan is going to be used to buy some time for homeowners that are currently having trouble paying their mortgage payments. This…Read the Rest of Article

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