28January2010

Yet another try at foreclosure rescue

Posted by John under: News.

Under fire for the low number of people receiving long-term mortgage help, the Treasury Department on Thursday announced new guidelines that will require applicants to provide all paperwork before getting a trial modification.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/fuSL9wqU5_k" height="1" width="1"/

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28January2010

Las Vegas: Most foreclosures of any city in 2009

Posted by John under: News.

Cities in the so-called Sand States dominated the foreclosure rankings in 2009, with the 20 worst-hit metro areas residing in Nevada, Florida, California and Arizona.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/pIwOpIVA2_g" height="1" width="1"/

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27January2010

New home sales hit 9-month low

Posted by John under: News.

New home sales plunged to a 9-month low in December, according to a government report issued Wednesday.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/LMDJPpulnY0" height="1" width="1"/

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26January2010

Bank of America steps up foreclosure prevention efforts

Posted by John under: News.

One roadblock slowing Obama's foreclosure prevention program seems to be clearing up. Bank of America, the nation's largest mortgage lender, announced Tuesday that it was the first lender to sign an agreement to lower or eliminate payments on second mortgages.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/rahjo8JGPjE" height="1" width="1"/

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26January2010

Home prices: First drop in 7 months

Posted by John under: News.

Home prices fell in November for the first time in seven months, according to a industry report released Tuesday.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/ca8TB1C2mgo" height="1" width="1"/

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23January2010

450,000 at risk in foreclosure-prevention program

Posted by John under: News.

Hundreds of thousands of troubled homeowners who are making lower mortgage payments on a trial basis are at risk of being kicked out of President Obama's foreclosure-prevention program.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/3z2nzoHZ3xQ" height="1" width="1"/

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22January2010

Get help - before you fall behind on your FHA mortgage

Posted by John under: News.

Struggling to pay your FHA mortgage? Now you no longer have to be late with your payments to get help.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/gg0vB-ztMEI" height="1" width="1"/

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20January2010

States urge action on foreclosures

Posted by John under: News.

Cut loan principal for borrowers whose homes are worth much less than their mortgages. Attack the problem of option adjustable rate mortgages. Cut down on red tape.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/0vSzeyYZ0Vk" height="1" width="1"/

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20January2010

Housing starts fall, but permits soar

Posted by John under: News.

Home construction fell in December, government data showed Wednesday, while the number of building permits issued in the month rose.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/L_RcE8kNQZs" height="1" width="1"/

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20January2010

Harder to get an Uncle Sam mortgage

Posted by John under: News.

It's going to be harder to get a government-backed mortgage from now on.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/B_U5l_GIVKg" height="1" width="1"/

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