Foreclosures
To stem foreclosures, committee recommends loan modication bill – Boston Herald
Coakley, who says foreclosures are a major obstacle to a full economic recovery, applauded the advancement of the bill on Wednesday. Coakley has said that in addition to pushing families out of their homes, unnecessary foreclosures have led to …
Bill aimed at preventing home foreclosures in Massachusetts moves forward in Legislature
A bill meant to stop “unnecessary” foreclosures in Massachusetts cleared its first major legislative hurdle Wednesday when it gained approval from the Legislature’s Joint Committee on Financial Services. The bill, filed by Attorney General Martha Coakley, would require banks to analyze certain troubled mortgage loans and offer borrowers modifications when it makes more financial sense [...]
Today's home buyers are younger, and more tech savvy. Foreclosures continue their decline in the state, region
Who are today's home buyers and how are they finding their agents? Dave Cullinane and Karen Beeson, mortgage loan officers with EverBank in Campbell, discuss the type of clientele they are serving these days.
That New Foreclosure Tsunami? Still Waiting – Wall Street Journal
CoreLogic’s monthly foreclosure report, released Tuesday … But for now, it’s fairly calm waters. Leave the Dramamine at home.
April foreclosures way down in Oakland County
Oakland County saw 45 percent fewer home foreclosures in April 2012 compared to…
Fewer Valley foreclosures, rise in home sales leave some optimistic
Fresno's housing slump may be turning around with early homebuyer activity and fewer foreclosures during the first quarter of this year.
Scam Watch: Memorial Day, foreclosure rescue, investment scheme – Los Angeles Times
Prosecutors said Gladle, 53, recruited homeowners who were in danger of losing their homes and told them that he could delay foreclosure for $750 a month. He then submitted false documents in bankruptcy courts, adding his clients’ homes to …
Foreclosures squeeze U.S. home prices
Rising foreclosures are weighing on the U.S. housing market, reducing prices and keeping new-home sales weak. Foreclosed homes usually are sold at steep discounts, thereby lowering average prices.
US home prices fall and sales of new homes drop as foreclosures weigh on housing market
Rising foreclosures are weighing on the U.S. housing market, reducing prices and keeping new-home sales weak.
Foreclosures squeezing US home prices and sales – msnbc.com
Foreclosed homes are usually sold at steep discounts, thereby lowering average prices. And by expanding the supply of low-priced previously occupied homes, foreclosures tend to limit demand for new homes. Some economists expect foreclosures to …