Archive for July, 2009

Lifelines for Homeowners Facing Foreclosed Homes HUDJuly 31st, 2009

As home values continue to slide in New York, and so in other areas across the country, many homeowners find themselves owning more than their properties are worth. Foreclosed homes HUD … More >>

T. Rowe Price Saved from Foreclosed Homes Auctions TroubleJuly 30th, 2009

Baltimore-based investment firm T. Rowe Price was able to save itself from financial difficulties related to large volumes of properties in foreclosed homes auctions because one of its … More >>

Foreclosed Rental Properties RisingJuly 29th, 2009

The growing number of foreclosed rental properties in the country is starting to be noticeable. Industry experts said that many landlords, who are facing property tax increases, are wary … More >>

Texas Upscale Properties on Foreclosure Listings IncreasingJuly 28th, 2009

The overflow of the foreclosure problem from the residential real estate market to the commercial real estate in North Texas has worried industry experts who are expecting a surge of … More >>

Transparency for TARP and Funds for Foreclosed PropertiesJuly 27th, 2009

A bill calling for a higher level of transparency in the disbursement of trillions in Troubled Asset Relief Program funds and the disbursement's ultimate effects on the federal program … More >>

Low Home Prices Blamed on Foreclosed Homes ForeclosureJuly 25th, 2009

Last month, home sales in Tampa Bay, Florida jumped by 21 percent, but prices were still down because of the increase in the number of foreclosed homes on the market. More >>

Study: Defaults Resulting to Foreclose Homes HUD IntentionalJuly 24th, 2009

About 26 percent of mortgage defaults that led to foreclose homes HUD were done intentionally, according to a recent market study. More >>

US Home Prices Declined as Foreclosed Home Listings GrewJuly 23rd, 2009

Home prices nationwide declined in May by 5.6 percent from May last year as foreclosed home listings continued to grow in many areas of the country, based on a report from the U.S. Federal … More >>

Funds to Buy Connecticut Foreclosed for Sale PropertiesJuly 22nd, 2009

About 450 foreclosed for sale properties in Connecticut would be acquired by a statewide consortium if its application for stimulus funding from the federal government gets approved. More >>

Bank Forclosed Homes Prevention Counseling a SuccessJuly 21st, 2009

The nonprofit homeowner advocacy group, Neighborhood Assistance Corporation of America (NACA) has concluded its visit in Cleveland, Ohio as part of its nationwide tour of cities hardest … More >>