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Deliberately walking away from the commitments of mortgage loan is “unacceptable” for 59 percent of American home owners, even at times of distress. However there is also a sizeable portion – 36 percent – among them, who participated in a Pew Research Center study this year to reply in the affirmative. Basically the underwater situation, [...]
Written on December 18, 2010 | Posted in
Lending |
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NATIONWIDE Pressure is reducing as Government agencies order resumption of foreclosure property sales The allegations rose in September, regarding flawed foreclosure process and fraudulent paperwork, created a flutter in the U.S. real estate markets. It was unbelievable how mortgage servicers including the so-called stalwarts in the field like Bank of America, J.P Morgan Chase [...]
Written on December 16, 2010 | Posted in
Newsletters |
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The allegations rose in September, regarding flawed foreclosure process and fraudulent paperwork, created a flutter in the U.S. real estate markets. It was unbelievable how mortgage servicers including the so-called stalwarts in the field like Bank of America, J.P Morgan Chase etc. paid scant respect, in dealing a most-sensitive issue like foreclosure process, which will [...]
Written on December 14, 2010 | Posted in
Foreclosures |
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Media reports in and out trumpet U.S. housing markets are in the doldrums, owing to lack of enthusiasm from buyers. But, surprisingly this notion is negated by a survey conducted at random among the Americans, by a majority panelists polling in favor of buying homes, since they believe the housing market has hit the bottom [...]
Written on December 11, 2010 | Posted in
Housing |
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NATIONWIDE Foreclosure activity down in October nationwide The country is facing difficult times in the real estate market, as all of us are aware. Foreclosure activity is the root-cause of plunging home sales, sluggish market conditions, increased inventory of homes – both “real” and “shadow” – available for sale and waiting for buyers. Read [...]
Written on December 9, 2010 | Posted in
Newsletters |
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The country is facing difficult times in the real estate market, as all of us are aware. Foreclosure activity is the root-cause of plunging home sales, sluggish market conditions, increased inventory of homes – both “real” and “shadow” – available for sale and waiting for buyers. Realtytrac is tracking foreclosure activity overall in the country [...]
Written on December 7, 2010 | Posted in
Foreclosures |
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The ongoing foreclosure crisis across the country, whereby millions of unwary home owners forfeited their hard-earned equities to the foreclosure process, received another blow, when it was revealed sometime in September that lenders were not bestowing proper attention, in signing foreclosure papers. Hundreds of thousands of foreclosure documents were alleged to be signed by a [...]
Written on December 5, 2010 | Posted in
Foreclosures |
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NATIONWIDE National foreclosure impact has resulted in lowest homeownership Owning a home – this is common American dream. But the foreclosure crisis has woken up millions of Americans from their dreams midway. Presently it is reported the nation’s homeownership rate remains at its lowest level in more than a decade, for the reason of [...]
Written on December 2, 2010 | Posted in
Newsletters |
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