foreclosure

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  • Where Asking Prices Are Rising the Most


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    Median list prices in May edged up 2.10 percent month-over-month, as housing inventories also were on the rise , creating a greater balance between supply and demand, according to realtor.com’s latest Real Estate Health Report. The nationwide median list price … Related posts: 7 Metros With Fastest ...
    4 hours ago
  • Repossessions by mortgage loan lenders climb


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    The auction gavel is due to fall on more homes, as repossessions are skyrocketing. Image from Wikimedia Commons. The dismal saga of the real estate industry in America continues, and despite the occasional bright spot, there is still plenty of bad news to go around. Sales were boosted for some time by the home buyer ...
    6 hours ago
  • Should Boomers Worry About Millennials’ Housing Shift?


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    The Millennial generation is showing different housing preferences than previous generations, and some analysts say that Baby Boomers may be growing concerned that they will have a tough time selling their suburban, larger homes due to the Millennials’ differing tastes. … Related posts: Millennials Show ...
    7 hours ago
  • Boise River Floating Season Underway


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    The 2013 floating season for the Boise River got underway this past Friday. City officials are warning floaters that the water is cold and dangerous this year. Thousands of floaters take to the Boise River and each floating season includes numerous instances requiring rescues. Hypothermia, unmarked hazards such as ...
    3 days ago
  • Time To Buy A House? Not On Your Life!


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    Soon the Foreclosure Floodgates Will Open and Prices Will Plunge… Anyone who buys a house in today’s market should be aware of the risks. They should know that current prices are not supported by fundamentals, but by unprecedented manipulation by the Fed, the Obama administration, Wall Street Private Equity ...
    3 days ago
  • Explaining America’s Meltdown – Judge Maloney Said, “Sounds Like Fraud To Me”


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    Locals thought the law suit filed by Jerome Daly against the local bank, to be heard on December 7, 1968, in the township of Credit River, Minnesota would be frivolous. The twelve jurors were practical men, citizens who trusted those in authority. Jerome Daly, an attorney, faced eviction from his home. Daly, in ...
    5 days ago
  • Bank of America Lied to Distressed Homeowners, Gave Gift Cards and Bonuses to Best Foreclosers, Former Employees Say


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    “Employees who placed 10 or more accounts into foreclosure in a month could get gift cards to Target and Bed, Bath and Beyond or $500 bonuses” “We were regularly drilled that it was our job to maximize fees for the bank by extending HAMP modifications by any means we could, including lying to customers”  ...
    5 days ago
  • Matt Taibbi | Everything is Rigged, Vol. 9,713: This Time, It’s Currencies


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    Everything is Rigged, Vol. 9,713: This Time, It’s Currencies I’ll get into this in more detail later (I’m on deadline for a magazine feature), but this story just landed. Given the LIBOR story, the Interest Rate Swap manipulation story, the Euro gas price manipulation story, the U.S. energy price manipulation ...
    5 days ago
  • Thousands Of Firms Trade Confidential Data With The US Government In Exchange For Classified Intelligence


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    Thousands Of Firms Trade Confidential Data With The US Government In Exchange For Classified Intelligence The rabbit hole just got deeper. A whole lot deeper. On Sunday we predicated that “there’s one reason why the administration, James Clapper and the NSA should just keep their mouths shut as the PRISM-gate ...
    5 days ago
  • B of A’s Refi Pitch a Bubble-Era Flashback


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    B of A’s Refi Pitch a Bubble-Era Flashback Bank of America’s (BAC) recent attempts to get some existing mortgage customers to refinance sounds eerily like a sales pitch from the bubble days of 2005. “See if refinancing could save you an estimated $4,344 in annual payment savings,” reads the pitch in boldface ...
    5 days ago
  • A Healing Housing Market Hasn’t Stopped Banks From Foreclosing


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    Foreclosure filings were reported on 148,054 U.S. properties in May, according to RealtyTrac’s U.S. Foreclosure Market Report . This is an increase of 2 percent on the month, but a decline of 28 percent on the year. One in every 855 housing units had a foreclosure filing in May. NEW! Discover a new stock idea ...
    5 days ago
  • More Home Owners Regain Long-Lost Equity


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    Rising home prices are helping to propel more home owners back into positive equity. About 850,000 residential properties returned to positive equity during the first quarter of 2013, according to new data released by CoreLogic. That brings the total to … Related posts: 1.7 Million Home Owners Regain ...
    5 days ago
  • Survey: U.S. foreclosure filings fell in May by 28 percent


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    Nathan Andrada – Fourth Estate Cooperative Contributor Washington, DC, United States (4E) – Properties with foreclosure filings in the U.S. declined 28 percent in May from the same period in 2012, market researcher RealtyTrac said. Last month, 148,054 U.S. properties had default notices, bank repossessions and ...
    5 days ago
  • Survey: U.S. foreclosure filings fell in May by 28 percent


    Authority Authority:
    Nathan Andrada – Fourth Estate Cooperative Contributor Washington, DC, United States (4E) – Properties with foreclosure filings in the U.S. declined 28 percent in May from the same period in 2012, market researcher RealtyTrac said. Last month, 148,054 U.S. properties had default notices, bank repossessions and ...
    5 days ago
  • Survey: U.S. foreclosure filings fell in May by 28 percent


    Authority Authority:
    Nathan Andrada – Fourth Estate Cooperative Contributor Washington, DC, United States (4E) – Properties with foreclosure filings in the U.S. declined 28 percent in May from the same period in 2012, market researcher RealtyTrac said. Last month, 148,054 U.S. properties had default notices, bank repossessions and ...
    5 days ago
  • Top Reasons Renters Say They Want to Own


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    A recent study by mortgage giant Fannie Mae showed that 90 percent of renters aspire to be home owners one day, and the top reason behind that desire is for the sense of gaining greater control over their living arrangements. … Related posts: Most Renters Plan to Buy, But Fear Lending Standards Ninety ...
    5 days ago
  • Miami Foreclosure Lawyer Bruce Jacob’s Work Featured in Community Newspapers


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    South Florida - and Miami in particular - has built up a well-deserved reputation as the primary battleground of the foreclosure crisis in this country. At the forefront of the "Mortgage Wars" is Miami Foreclosure Attorney Bruce Jacobs, who was recen...
    5 days ago
  • Example of Good Lawyering at Deposition


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    I won’t give specific comments publicly because I don’t want to tip off the opposition to why this was done so well and how he elicited the testimony he wanted. And while many of us who are veteran litigators could point to possible other maneuvers, we are talking style more than substance. This is about as close ...
    5 days ago
  • Apartment Investors Reap Rewards


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    If you’ve been reading my recent blogs , the apartment market is exploding. Many of our clients have seen success in building their aparment investing business. Last night, we heard from Dave Gregory, a foreclosures.com client who has recently purchased a 96 unit distressed apartment project – paying only ...
    5 days ago
  • On Modest Encroachments


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    On Modest Encroachments By George Mantor “It will not be denied that power is of an encroaching nature and that it ought to be effectually restrained from passing the limits assigned to it.” – James Madison I wonder what Jimmy-boy might be thinking if he were around to see how much things have changed since … ...
    5 days ago

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