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fannie mae foreclosures: Bank and Fannie Mae Foreclosures Weigh Heavily on Voters’ Minds - 11/02/10 01:42 PM
Voters in Nevada have admitted that the huge supplies of bank, government and Fannie Mae foreclosures in the area have influenced their voting decisions. Most homeowners have revealed that they are choosing between Sharron Angle and Senate Majority Leader Harry Reid based on what each can do to the housing industry.
Some voters have stated that Reid has been in position for a long time but has not done anything about the huge supplies of Las Vegas foreclosed homes, NV, but they also stated that Angle is too extreme for their tastes. Meanwhile, voters who are opting for Angle have revealed … (1 comments)

fannie mae foreclosures: Bank and Fannie Mae Foreclosures Should Be Addressed by Communities - 09/08/10 11:26 AM
In a U.S. federal government-sponsored forum designed to address the problem of high number of bank and Fannie Mae foreclosures all around the country, Federal Reserve Bank of Cleveland president Sandra Pianalto has seconded the suggestion of Boston Fed bank top official Eric Rosengren that local communities are key to solving the housing market problem.
The Cleveland, Ohio bank president has expressed support towards her Boston counterpart's recommendation to launch community-centered efforts to address the issue of declining property values caused mainly by the oversupply of cheap foreclosures for sale. She also stated that helping homeowners avoid foreclosure is key to … (0 comments)

fannie mae foreclosures: Utah Construction Thrives Despite Bank and Fannie Mae Foreclosures - 07/19/10 04:28 PM
Utah is one of the states hit hardest by bank and Fannie Mae foreclosures. However, home builders in the state are not hindered by such concerns and are demonstrating resilience, particularly during the first half of 2010. Latest reports from the Bureau of Economic and Business Research from the University of Utah showed that new houses for 2010 will be 50% more than those constructed in 2009.
Despite the high number of properties under home foreclosure listings in various areas of the state, the local home construction business continues to find ways to thrive and build new dwellings. According to local … (1 comments)

fannie mae foreclosures: Bank and Fannie Mae Foreclosures Concerns Get Attention - 07/19/10 04:00 PM
More often than not, homeowners facing the possibility of bank or Fannie Mae foreclosures are provided with advice during court proceedings, right after the foreclosure document has been filed. Now, residents of the state will get help earlier than usual through the Save the Dream Ohio program.
People behind the program are hoping that offering help before the foreclosure proceeding has started can lower the number of foreclosed homes for sale in Ohio. Under the program, homeowners are provided help through housing counselors, lawyers and other members of the Save the Dream effort.
Residents who are mired in bank owned foreclosures … (0 comments)

fannie mae foreclosures: Fannie Mae Foreclosures: Basic Information for Homebuyers - 04/22/10 03:27 PM
For homebuyers, the experience of buying, or even just the idea of purchasing a house can be very exciting, overwhelming, and most of the time very confusing. With the growth of the foreclosure market and the influx of various information, homebuyers are left confused on which property to purchase. Fannie Mae foreclosures are not much different from any other foreclosures. You just need to make sure it is the right home for you. Gathering pertinent information is the key to finding that ideal home.
What is Fannie Mae?
The Federal National Mortgage Association, more popularly known as Fannie Mae, is a corporation established … (0 comments)

fannie mae foreclosures: Despite San Diego Foreclosures, Values Rose Over the Decade - 01/15/10 10:28 AM
Despite San Diego foreclosures in 2008 and 2009, the median home price in the area rose by 48.4 percent over a ten-year period from the year 2000, according to San Diego-based real estate analyst Andrew LePage.
Homeowners who purchased their homes in 2000 can see that their properties gained in value over the ten-year period despite drastic price drops over the past two years. For instance, a person who bought a house for $219,000 in the first months of 2000 can see that his property can now be sold for $325,000.
In University City, one family bought a large house in … (0 comments)

 
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James Foxx

Los Angeles, CA

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