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Posts Tagged ‘REO’


Foreclosure Filings Down 19 Percent In One Year

Foreclosure filings fell 19 percent last month versus one year ago, says foreclosure-tracking firm RealtyTrac. It’s yet one more signal that the U.S. housing market may have already climbed off its bottom.

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Foreclosure Filings Fall To 49-Month Low

Foreclosure filings are fewer these days, according to foreclosure-tracking firm RealtyTrac.

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Bank Repossessions Drop To A 44-Month Low

According to foreclosure-tracker RealtyTrac, November’s foreclosure filings fell 3 percent as compared to October, and 14 percent from November 2010.

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4 Friggin’ States Account For More than Half Of Nationwide Foreclosure Activity

According to foreclosure-tracking firm RealtyTrac, October’s foreclosure filings rose 7 percent to 231,000 filings nationwide. Activity concentrated in just 4 states nationwide — California, Florida, Michigan and Illinois.

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Foreclosure Rate Drops For The 12th Straight Month

Foreclosure activity continues to slow throughout the United States.

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Foreclosure Filings Fall To 40-Month Low

Based on data from foreclosure-tracking firm RealtyTrac, foreclosure filings nationwide fell below 220,000 in April 2011, a 9 percent decrease from March and the lowest total in 40 months.

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Bank Reposessions Top 100,000 In A Month For The First Time Ever

The number of foreclosure filings rose 3 percent in September, according to foreclosure-tracking firm RealtyTrac.

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Home Resales Boom Into The End Of The Tax Credit; Home Values Seen Rising

Existing Home Sales rose in March, as expected. U.S. homebuyers closed on 7 percent more homes as compared to February.

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How To Buy Bank-Owned Homes In A Period Of Rising Inventory

California, Florida, Arizona and Georgia accounted for more than half of all bank repossessions in March 2010. It’s a disproportionate distribution of foreclosures. Together, the 4 states represent just 23 percent of the overall U.S. population.

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Buying an REO? Pay Attention to Foreclosures Per Capita

According to foreclosure-tracking firm RealtyTrac, foreclosure filings topped 300,000 for the 12th straight month last month as 1 in every 418 U.S. homes received a foreclosure filing.

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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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