with 56,877 properties receiving a foreclosure filing-a 10% increase from the previous month but a 9% decrease from August 2009. Florida default notices were down 46% from August 2009 but increased 2%.
FHA streamline refinances increase 42% in July Housing begins to directly contribute to economy FHA policy transparency fuels ginnie mae modernization realtytrac: 20% of foreclosures remain vacant after owner departs Filing the foreclosure case To begin a foreclosure case, the lender must file the foreclosure with the Circuit Court in the county in which the property is located. The lender must file the following documents with the court: Statement of debt; Certification that the property owner is not a member of the military service.Las Vegas forecast to lead 2013 home price gains Rising home prices means supply and demand; more workers needed – LAS VEGAS – Housing prices continue to go up around the las vegas valley. The median cost of a home in the area is now $249,000. That’s up 13 percent from a year ago. Currently, at least 15 major.Shadow inventory contracts as investors snap up foreclosures Two years ago, we had record foreclosures. Since then. of displacing folks from homes on Main Street and you get at least an idea of why there is a shadow inventory "out there". One last thing, and.The Government National Mortgage Association (GNMA), also known as Ginnie Mae, announced on Thursday that mortgage securities backed by Home Equity Conversion Mortgages (HECMs) can now make use of a new "platinum" securities execution: the Home Equity Conversion Mortgages Backed security (hmbs) platinum securitization channel.Countrywide’s Mozilo may face lawsuit over subprime mortgages The US Justice Department has dropped plans to sue the former head of Countrywide Financial, a driver of the subprime mortgage debacle behind the 2008 financial crisis, his lawyer said Friday. Los Angeles attorney david siegel told AFP that the Justice Department had informed him that Angelo Mozilo,A major pillar of China’s economy has passed the ‘tipping point’ and could slow further, analyst says – The Chinese government has continued to tighten property controls amid a slowdown in the economy, and 2019 could be a year of softening housing data, an analyst said. The year of 2019 could begin a.The FHA Streamline Refinance is a special mortgage product, reserved for homeowners with existing FHA mortgages. Homeowners with conventional mortgages via Fannie Mae or Freddie can’t use it. FHA Streamline Refinances are the fastest, simplest way for FHA-insured homeowners to refinance their respective mortgages.Stewart Information Services earnings take a hit HOUSTON (AP) _ Stewart Information Services Corp. (STC) on Thursday reported third-quarter net income of $17.6 million. On a per-share basis, the Houston-based company said it had profit of 74 cents.
Minneapolis Park Board to tear down bde maka ska/lake calhoun pavilion on Tuesday. Forbes lists 5 Minnesotans among nation’s richest; where’s N.J.’s Wilf?. taking the top spot for the 20th.
RealtyTrac: 20% of foreclosures remain vacant after owner departs Las Vegas forecast to lead 2013 home price gains Bakersfield, California, is expected to lead national price gains with a 5.2 percent price increase through the end of this year. Las Vegas comes in as a close second in Clear Capital’s forecast.2018 HW Insiders: Shannon Faries Housing advice on Reddit is totally blowing up · Full episodes of "Sunday Morning" are now available to watch on demand on CBSNews.com, CBS.com and CBS All Access, including via Apple TV, Android TV, Roku, Chromecast, Amazon FireTV/FireTV stick.Widespread principal reductions could save taxpayers $2.8 billion · How to Save $2.2 Billion.. These recommendations combine reductions from current budgets and speculative savings that assume certain policy reforms. It is intended as a plausible illustration of what is possible, not as a precise roadmap.. This could save: $650 million.Source: "RealtyTrac: 20% of Foreclosures Remain Vacant After Owner Departs," housingwire (june 20, 2013) A very good article and more pictures of what some people do when they leave their home due to foreclosure click here Please help to keep this blog going Let us Sell or help you buy your new home or land. John J. O’Dell Realtor GRI
Straight Line Depreciation Conventions – Blackbaud Community – · Straight Line Depreciation Conventions.. Wonder no longer, as I have outlined the different convention options for the straight line depreciation method below with their definitions.. Mid-month charges a full month’s worth of depreciation in the asset’s first month of life if the Date in service is before the 16th. If the Date in.
The mega-mansion, located at 908 Bel Air Road and initially priced for sale at $180 million, was listed for rent earlier this week. The dwelling covers more than 34,000 square feet and comes with an infinity pool, a health and wellness spa, and surr.
U.S. Posts Its 20th Straight Month Of Job Growth | The. – U.S. Posts Its 20th Straight Month Of Job Growth For the second straight year, the jobs market looks to be slowing into the summer. Last Friday, in its monthly Non-Farm Payrolls report for May 2012, the Bureau of Labor statistics reported 69,000 net new jobs created , plus a one-tick rise in the national Unemployment Rate to 8.2%.
Mortgage industry fights to keep 3.5% down payments In December, Champion Mortgage, a subsidiary of Nationstar Mortgage, filed a reverse mortgage foreclosure application, despite Williams’ attempts to pay delinquent property tax and insurance payments.
· The Reserve Bank of Australia (RBA) has today kept the national interest rate on hold for the 20th month in a row. A slump in the Australian property market and the slowing down of house sales.
U.S. Posts Its 20th Straight Month Of Job Growth. U.S. Posts Its 20th Straight Month Of Job Growth. Homebuying. The Mortgage Process; Find Your Financing; Resources.
Meanwhile non-judicial default notices (NOD) decreased 9% from the previous month and were down 12. Despite a 20% monthly decrease in foreclosure activity, Nevada posted the nation’s highest state.
Notably, 90-day delinquencies, foreclosures and REOs all rose in aggregate for the 20th straight month. The volume of loans in those categories grew by $2.15 billion from June and is now up 377.
9:25 ET Subscribe to our weekly e-newsletter, Top News. Foreclosures increase for third straight month. Completed foreclosures edged up for the third consecutive month in August, but the overall trends in distressed properties continue to point to a much more stable housing market.
The foreclosure rate in Nevada, once one of the hottest U.S. real estate markets, remained highest among U.S. states for the 38th straight month — despite a month-over-month drop in foreclosure.