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News :

Foreclosures Hit A Record Low
Daily Markets (blog)
Considerable decrease in hardest hit foreclosure states, such as Arizona, Nevada and California, was the primary reason for the recent fall in overall foreclosure activity, despite a surge in majority of the states. However, the pace of foreclosure ...

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Foreclosures Hit a Record Low - Analyst Blog
NASDAQ
Considerable decrease in hardest hit foreclosure states, such as Arizona, Nevada and California, was the primary reason for the recent fall in overall foreclosure activity, despite a surge in majority of the states. However, the pace of foreclosure ...

and more »


Foreclosures Fall...And That's a Bad Thing?
TheStreet.com
Foreclosure starts, the first stage in the foreclosure process, fell in April in the hardest hit states of California, Arizona and Nevada, according to Foreclosure Radar. California saw the steepest slide, with Notice of Default filings down nearly 16% ...

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Foreclosures Hit a Record Low
Zacks.com
Considerable decrease in hardest hit foreclosure states, such as Arizona, Nevada and California, was the primary reason for the recent fall in overall foreclosure activity, despite a surge in majority of the states. However, the pace of foreclosure ...

and more »


County foreclosures lead state
The Desert Sun
A total of 3850 mortgage default notices, auction sale notices and bank repossessions were recorded countywide in April, translating to 1 in 208 households in some stage of foreclosure, according to Irvine-based RealtyTrac. The number of filings was 12 ...

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Fewer US homes foreclosed on in April
HeraldNet
A $25 billion settlement reached in February between the nation's biggest mortgage lenders and state officials has since cleared the way for banks to take action on unpaid mortgages. In California, Arizona, Nevada and many other so-called non-judicial ...

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Foreclosures plunge to 5-year low in US recovery
Monterey County Herald
The "gradually rising foreclosure tide" forecast by RealtyTrac after a February settlement by the nation's biggest mortgage servicers over faulty practices has yet to materialize, limiting the number of properties on the market and propping up prices.

and more »


Fewer homeowners foreclosed upon in April
Albany Times Union
A $25 billion settlement reached in February between the nation's biggest mortgage lenders and state officials has since cleared the way for banks to take action on unpaid mortgages. In California, Arizona, Nevada and many other so-called non-judicial ...

and more »


US foreclosures decline, but road ahead still rocky
The News Journal
A $25 billion settlement reached in February between the nation's biggest mortgage lenders and state officials has since cleared the way for banks to take action on unpaid mortgages. In California, Arizona, Nevada and many other so-called non-judicial ...

and more »


Report: Foreclosure filings slow in Utah, US
Salt Lake Tribune
A $25 billion settlement reached in February between the nation's biggest mortgage lenders and state officials has since cleared the way for banks to take action on a logjam of unpaid mortgages. In Utah, California, Arizona, Nevada and many other ...

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Florida's Realtors advocate for homeownership in nation's capital
Destin Log
Realtors from Florida and across the US ? more than 10000 strong ?gathered at the Washington Monument in the nation's capital today to highlight the importance of housing and homeownership to the nation's economic recovery. The ?Rally to Protect the ...

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TexasLending.com Discusses Lowest Mortgage Rates in History on Radio KLIF in ...
SBWire (press release)
TexasLending.com (NMLS # 137773) provides expert service in the field of residential mortgages. Headquartered in Dallas, TexasLending.com specializes in loans throughout the states of Texas, Oklahoma, Florida, Missouri and Colorado.

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AXcess News

Foreclosures down, short sales up. Are banks getting smart?
AXcess News
Homeowners get to shed their mortgage debt faster - and with less damage to their credit rating. Short sales began outpacing foreclosures in some states late last year. Six states saw more preforeclosure sales - typically, short sales - than ...

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New sales associate at Champion Realty
The Star Democrat
Owens has 30 years experience in the real estate industry in Maryland, Florida and North Carolina. She has worked with several national homebuilders and major mortgage bankers. Owens attended Chesapeake College and the University of North Florida, ...



Mortgage foreclosures dropping nationwide; good news for Maine
Bangor Daily News
National mortgage-foreclosure activity in April decreased 5 percent from March and was down 14 percent from April 2011, according to a report by RealtyTrac released Thursday. One in every 698 US housing units had a foreclosure filing during the month.

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County foreclosures lead state
The Desert Sun
A total of 3850 mortgage default notices, auction sale notices and bank repossessions were recorded countywide in April, translating to 1 in 208 households in some stage of foreclosure, according to Irvine-based RealtyTrac. The number of filings was 12 ...

and more »


Fewer US homes foreclosed on in April
HeraldNet
But state-level data point to potentially more home repossessions ahead in Florida and many of the 25 other states where courts are required to sign off on foreclosures. All told, the number of US homes taken back by lenders in April declined 7 percent ...

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John J. Stahl III Joins The Coastal Bank as Mortgage Director and Senior Vice ...
PR Urgent (press release)
Before joining The Coastal Bank, he served as the director of mortgage lending at HomeTrust Bank in Asheville, NC and as vice president and area mortgage sales manager for Fifth Third Bank in southeast Florida. He has also worked in the mortgage ...



Foreclosures plunge to 5-year low in US recovery
Monterey County Herald
The "gradually rising foreclosure tide" forecast by RealtyTrac after a February settlement by the nation's biggest mortgage servicers over faulty practices has yet to materialize, limiting the number of properties on the market and propping up prices.

and more »


Fewer homeowners foreclosed upon in April
Albany Times Union
But state-level data point to potentially more home repossessions ahead in Florida and many of the 25 other states where courts are required to sign off on foreclosures. (AP Photo/Wilfredo Lee) LOS ANGELES ? National foreclosure trends took a positive ...

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News :

Mortgage Holder Lands Wilson Estates Buildings
LoanSafe
(MCT) ? Three foreclosed office buildings at Wilson Estates went to their mortgage-holder at a sheriff's sale on Wednesday. Representatives of BACM2006-5 Wichita Offices LLC took over ownership of what are known as the Bank of Kansas building, ...

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Homeowners In 17 States Getting Shaft In Mortgage Settlements
Lez Get Real
Nine states are using part of the money for mortgage relief, and part of it for other programs. Indiana is using half of it to assist low-income households with energy bills. Idaho, Utah, Nebraska, Kansas, Wisconsin, North Carolina, Maine and West ...

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Mortgage holder lands Wilson Estates buildings
Kansas.com
By Dan Voorhis Three foreclosed office buildings at Wilson Estates went to their mortgage-holder at a sheriff's sale on Wednesday. Representatives of BACM2006-5 Wichita Offices LLC took over ownership of what are known as the Bank of Kansas building, ...

and more »


US housing starts rose to 717000 in April
Green Bay Press Gazette
Construction workers work on different floors while building an apartment complex in Lawrence, Kansas, Wednesday, May 16, 2012. US builders started work on more homes and apartments last month and requested more permits to build single-family homes.

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US builders started work on more homes in April, reflecting growing confidence ...
Newser
Construction workers work on different floors while building an apartment complex in Lawrence, Kansas, Wednesday, May 16, 2012. US builders started work on more homes and apartments last month and... (Associated Press) Construction workers build an ...

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US housing starts rose to 717000 in April
Rochester Democrat and Chronicle
Construction workers work on different floors while building an apartment complex in Lawrence, Kansas, Wednesday, May 16, 2012. US builders started work on more homes and apartments last month and requested more permits to build single-family homes.

and more »


US housing starts rose to 717000 in April
Montgomery Advertiser
Construction workers work on different floors while building an apartment complex in Lawrence, Kansas, Wednesday, May 16, 2012. US builders started work on more homes and apartments last month and requested more permits to build single-family homes.

and more »


US housing starts rose to 717000 in April
Kansas.com
Construction workers work on different floors while building an apartment complex in Lawrence, Kansas, Wednesday, May 16, 2012. US builders started work on more homes and apartments last month and requested more permits to build single-family homes.

and more »


US housing starts rose to 717000 in April
The Courier-Journal
Construction workers work on different floors while building an apartment complex in Lawrence, Kansas, Wednesday, May 16, 2012. US builders started work on more homes and apartments last month and requested more permits to build single-family homes.

and more »


Atlanta Journal Constitution

US housing starts rose to 717000 in April
Atlanta Journal Constitution
Construction workers work on different floors while building an apartment complex in Lawrence, Kansas, Wednesday, May 16, 2012. US builders started work on more homes and apartments last month and requested more permits to build single-family homes.

and more »


Is the government backing a new housing bubble?
MSN Money
Right now, under a plan introduced by President Barack Obama, an FHA-qualifying US homebuyer can apply for a 30-year mortgage with a 30 year fixed interest rate of 3.75 percent and a 15-year fixed mortgage at 3 percent. By The Fiscal Times 45 minutes ...

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Independents Disapprove of Obama's Handling of Housing Crisis
Independent Voter Network
... conducted on behalf of Campaign for Fair Settlement found that a majority of independents in Arizona, Nevada and North Carolina and a near majority in Pennsylvania and Florida disapprove of the way Obama handled the housing and mortgage crisis.

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'Obama's Promise,' Part II
FactCheck.org
Here we address the other, less egregious claims in the 60-second spot. The ad claims Obama broke a promise to ?help the millions of homeowners who are facing foreclosure.? The narrator notes that ?1 in 5 mortgages are still under water.

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Owner of American Home Recovery Found Guilty in Connection with a Mortgage ...
7thSpace Interactive (press release)
Preet Bharara, the United States Attorney for the Southern District of New York, announced that Isaak Khafizov, a former owner of American Home Recovery (AHR), a mortgage loan modification business, was found guilty today in Manhattan federal court of ...

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AMERICAblog (blog)

Elizabeth Warren comes out swinging on financial accountability
AMERICAblog (blog)
However in an interview with David Dayen of FDL News Warren makes incredibly strong statements on the failure of the Obama administration and the mortgage fraud task force to hold Wall Street bankers accountable for the financial crisis.

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The Woman Without a Face
RealClearPolitics
President Obama recently gave a talk touting the need for government mortgage bailouts to help these same helpless middle class folk who are now the welfare state's main object of concern. He gave the talk in front of the home of a Reno couple whom he ...

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Misused funds
WatertownDailyTimes.com
Struggling homeowners in several states may see limited help from a highly touted national mortgage settlement as state lawmakers instead divert the money to other purposes. In February, the Obama administration and 49 states made national headlines ...

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Common Ground: Is Obama's 'Julia' fact or figment?
Delmarva Now
Bob: How about a government program in the tax code that allows deductions for mortgage interest? That government assistance goes on for 15 to 30 years or more. How about corporate welfare assistance, like deducting health insurance costs for employees ...



The Nation's Housing Column: FHA may ease rules for mortgages on condos
TheDay.com (blog)
According to condominium experts, realty agents, lenders and builders, FHA's rules have become overly strict and have cut off unit buyers from their best source of low-cost mortgage money, thereby frustrating the real estate recovery that the Obama ...

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FHA may ease rules for mortgages on condos
Charlotte Observer
According to condominium experts, realty agents, lenders and builders, FHA's rules have become overly strict and have cut off unit buyers from their best source of low-cost mortgage money, thereby frustrating the real estate recovery that the Obama ...

and more »