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1.9 Million U.S. Properties Receive Foreclosure Filings in 2011, Down 34 Percent From 2010 to Lowest Level Since 2007 Average Days to Foreclose Up to 348 Nationwide; Over 800 Days in NY, NJ and FL; Annual Activity Down in 45 States; Nevada, Arizona, California Post Highest Rates IRVINE, CA–(Marketwire -01/12/12)-
Interest rates are at record lows, and many homeowners have priced their homes to sell. Many buyers who waited for rock-bottom prices know that now is the time to buy. Whether you want to buy a home before the end of the year or wait until 2012, there are some
RealtyTrac: November foreclosure activity hints at rising tide (CHARTS) California, Arizona post annual increases amid U.S. seasonal dip BY INMAN NEWS, THURSDAY, DECEMBER 15, 2011. After rising in October, foreclosure activity fell slightly on a monthly basis in November, but some signs point to a coming increase in early 2012, according to
Servicers for Fannie Mae and Freddie Mac have completed almost 2 million foreclosure prevention actions for the two companies since they went into conservatorship in 2008, according to the Federal Housing Finance Agency’s (FHFA) third-quarter report. More than half of these actions have been loan modifications, and of the remainder,
GSEs Announce Eviction Moratorium for the Holidays Fannie Mae and Freddie Mac announced temporary eviction moratoriums on all single-family homes and two-to-four unit properties over the holidays. Both companies will enforce the moratorium from December 19 through January 2. “The holidays are meant for families to spend time together,
There were 6,298,000 mortgages going unpaid in the United States as of the end of October, according to Lender Processing Services (LPS). It’s a daunting number, but the data show that it’s actually been on a fairly steady decline for nearly two years now. At the start of 2011, the
Understanding HAFA Home Affordable Foreclosure Alternative HAFA (Home Affordable Foreclosure Alternative) was established (April 5, 2010) to assist America’s Homeowners through these troubled times of decreasing home values and finding a “graceful exit” from a bad financial situation. The HAFA program allows you to sell your primary residence if you
Fha new rule
Have a Great Holloween
California New Loan Modification law
