NATIONWIDE Case-Shiller: home prices getting closer to 2009 According to data released by Standard & Poor home prices are continuing their way down across the country, with residential property values at or (slightly) above their April 2009 bottom. The numbers show reality as it is: the housing market is far from recovery, although the [...]
According to data released by Standard & Poor home prices are continuing their way down across the country, with residential property values at or (slightly) above their April 2009 bottom. The numbers show reality as it is: the housing market is far from recovery, although the economy is heading in the right direction and it [...]
NATIONWIDE Government Returns $2.3 Million to Victims of Foreclosure Rescue Scam The FTC (Federal Trade Commission) sent out 1,410 refund checks to consumers allegedly defrauded by a so-called mortgage foreclosure rescue service, Home Assure LLC. The amount mailed to consumers totaled $2.3 million. According to FTC, the Home Assure LLC charged consumers a fee [...]
REOs and short sales accounted 40% of existing home sales in March, the National Association of Realtors reported yesterday. NAR noted that these properties generally sell for a generously discounted price, and influence the median of existing home price. When the discount can be even 20%, the median price will fall, too. For all housing [...]
The Federal Reserve, OTS and the OCC all announced enforcement actions on April 13 against 65% of the nation’s mortgage loan servicers. These actions include MERS and LPS, two service providers for mortgage services. And the FDIC is also raised its voice saying that it is watching things closely, because reform of the mortgage servicing [...]
NATIONWIDE Fed will Fine Banks for Foreclosure Mess Regulators charged the biggest US lenders with unsafe and unsound practices on foreclosures and ordered a sweeping overhaul of their mortgage operations. The move comes after a months-long review of the lenders’ handling of mortgage paperwork and foreclosure actions and – at least for now – [...]
According to RealtyTrac’s latest report foreclosure filings fell nationwide in the first quarter to the lowest level in three years. This is could happen because lenders worked through their backlog of flawed paperwork related home seizures, the research firm commented. The report talks about 681,153 american properties in default, auction or repossession notices in the [...]
A company of integrity is what I thought of Eureka. I was repaid for the roof repair as soon as I faxed the receipt. Everyone was happy. My clients got their new home that was a dream and a blessing for them. Thanks again.
WILDA RODRIGUEZ
Nations Realty
