foreclosure: MBA Announces Record High Foreclosures & Pre-Foreclosures - 06/16/08 10:47 AM
As we continue to watch the statistics rise in foreclosure, patiently waiting and wondering when the the crest of this tsunami will rise to it's highest potential, we are only able to determine one thing - the crest is not upon us.
Recently the MBA (Mortgage Bankers Association) announced that the (1 comments)
foreclosure: Fannie and Freddie S&P Report - 04/21/08 04:49 PM
Freddie Mac(FRE) and Fannie Mae(FNM) were recently the target of a Standard & Poor analysis report which painted a somewhat grim picture. The report, headed by analyst Victoria Wagner, indicates that FNM and FRE are both facing a possible hit from the mortgage meltdown. The report was recently released as FNM (0 comments)
foreclosure: Foreclosure Listings (Properties) Owned by Countrywide REO, Unity Bank & Others - 12/31/07 02:58 PM
For real estate professionals with clients (or perhaps you are the client) that are looking for some of the hot bargains in real estate on a national scale, there are some great sources that exist allowing you to seek out foreclosure listings directly from the banks. The following is a (0 comments)
foreclosure: Real Estate Boom? Again? (Article from Rob Swanson) - 12/31/07 02:57 PM
For those of you unfamiliar with Rob Swanson and the Real Estate Investor Group & Signil Wealth Network, Inc., they are quite easily one of the greatest sources of real estate investment information out there. Rob teaches several classes throughout the month, many of which you can attend at little to (0 comments)
foreclosure: Foreclosure Training: Avoid the Scams - 12/27/07 05:39 PM
Avoiding the ScamsBy: Dan Waterman, InstructorNFSTIForeclosure Training: Avoiding the Scams On a weekly basis I get to live out my dream job. I go into training facilities around the nation within real estate brokerage firms and teach classes on marketing, technology, and the processes of foreclosure real estate. Typically I begin the (0 comments)
foreclosure: Sen. Clinton Requests Moratorium - 12/27/07 02:00 PM
Early this week Sen. Hilary Clinton announced her stance on the national foreclosure epidemic. With the elections coming up soon it is only a matter of time before all candidates offer their opinion on what the country should do about the hurricane known as REO. Sen. Clinton’s opinion is a (2 comments)
foreclosure: Top Foreclosure Cities in the United States: Q3 2007 - 12/27/07 02:00 PM
RealtyTrac released the Top 25 Cities for Foreclosure after third quarter 2007 recently. Here are some of the results (#1 being the worst city for foreclosure and so forth): Stockton, CADetroit, MILas Vegas, NVRiverside/San Bernardino, CASacramento, CADenver/Aurora, COMiami, FLBakersfield, CAMemphis, TNCleveland, OH Other area included in the report were: Atlanta (GA), Phoenix (1 comments)
foreclosure: Foreclosure Profit by the Numbers: RealtyTrac - 12/27/07 01:59 PM
One of the leading resources for foreclosure data is RealtyTrac (www.RealtyTrac.com). As we’ve mentioned in previous blogs, statistics are better than any crystal ball. In this article we’ll take a good look at the current national foreclosure and related statistics and see what we come up with. First of all, (3 comments)
foreclosure: Colorado Statistics are Clear in Foreclosure Boom - 12/27/07 01:58 PM
There was one state that stood out among the rest back in the early 2000’s regarding a plummeting real estate market - Colorado. You’d think that a vacation hot-spot and booming metropolis like Colorado would be safe from the foreclosure boom, or at least in the same boat as the (0 comments)
foreclosure: A Cleveland Foreclosure Miracle - 12/27/07 01:58 PM
Darlene Stutzman, a young wife and mother from suburban Parma, OH and her husband, Michael, got in trouble when he got sick and had to take an unpaid leave from work. She found out about ESOP (East Side Organizing Project) when she called Cleveland’s 211 government resources line. Michael, who (0 comments)