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Archive | Real Estate Market

Gov’t mortgage plan aids 16 percent of borrowers (AP)

Friday, March 12, 2010

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AP - The Obama administration's mortgage relief plan has helped only about 16 percent of borrowers who signed up since its launch last year, while hundreds of thousands of homeowners remain in limbo.

Gov’t mortgage plan aids 16 percent of borrowers (AP)

Friday, March 12, 2010

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AP - The Obama administration's mortgage relief plan has helped only about 16 percent of borrowers who signed up since its launch last year, while hundreds of thousands of homeowners remain in limbo.

"Cash for keys" aids home borrowers, investors (Reuters)

Friday, March 12, 2010

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Reuters - Jon Daurio, chief executive officer of mortgage investor Kondaur Capital Corp., recently offered a $4,000 check to Barry Culver for the deed to his Bryan, Ohio house.

Homeowners seek help at Glendale foreclosure event (AP)

Friday, March 12, 2010

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AP - Hundreds of homeowners trying to avoid losing their homes to foreclosure met with housing counselors and lender representatives at an event in Glendale on Thursday.

Homeowners seek help at Glendale foreclosure event (AP)

Friday, March 12, 2010

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AP - Hundreds of homeowners trying to avoid losing their homes to foreclosure met with housing counselors and lender representatives at an event in Glendale on Thursday.

BofA mortgage modifications jump in March (Reuters)

Friday, March 12, 2010

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Reuters - Bank of America Corp completed 20,666 mortgage modifications in March under a U.S. government-backed program, up 61 percent from February, the bank said on Friday.

Home Foreclosures Approach Peak Range (U.S. News & World Report)

Friday, March 12, 2010

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U.S. News & World Report - Although the U.S. housing market witnessed its smallest annual increase in foreclosure activity in four years last month, distressed-property tallies are expected to remain in an elevated range for some time. Foreclosure filings were reported on more than 308,000 American homes in February, RealtyTrac said Thursday. That's a 2 percent decline from January but a 6 percent increase from a year earlier. All told, February represents the 12th consecutive month with more than 300,000 foreclosure filings.

UK home loans fall by half in January (AP)

Friday, March 12, 2010

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AP - The value of home mortgage advances in January fell by half from December, when there was a late rush to complete deals before a tax break ended at the New Year, the Council of Mortgage Lenders said Friday.

Parents Run Risks Helping Kids Buy A Home (Investor’s Business Daily)

Thursday, March 11, 2010

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Investor's Business Daily - The end of the federal tax credit for homebuyers is fast approaching. That means crunch time for parents who want to help their kids buy a place as inexpensively as possible.

Parents Run Risks Helping Kids Buy A Home (Investor’s Business Daily)

Thursday, March 11, 2010

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Investor's Business Daily - The end of the federal tax credit for homebuyers is fast approaching. That means crunch time for parents who want to help their kids buy a place as inexpensively as possible.

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